WASHINGTON, D.C. (December 2, 2021)—The Centers for Medicare & Medicaid Services (CMS) published fee schedule adjustments for durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) for calendar year (CY) 2022. Adjustments differ depending on whether the items serviced are competitive bidding program (CBP) items or in former competitive bidding areas (CBAs). Below is the breakdown:

SAN DIEGO (November 30, 2021)—UpLyft, the developer of a self-transfer system for wheelchair users, announced the company took home second place in a worldwide startup competition. The contest, Startup Network’s Unicorn Cup, is a global pitch competition for startups that have the potential to become “unicorns”—privately held companies valued at over $1 billion. UpLyft competed against 500 companies from 125 companies.



CINCINNATI (November 10, 2021)—Quipt Home Medical Corp., a U.S.-based provider of durable medical equipment (DME) focused on end-to-end respiratory care, is pleased to announce that it has recently acquired a business with operations in Illinois, reporting unaudited trailing 12-month annual revenues of approximately $2.5 million. Post integration, Quipt expects an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the acquisition target of $0.6 million.