HME News | HME News
WEB3 days ago · Latest News. Analysts reflect on OMI deal, market conditions. SoClean: There is now a way to regulate performance. Avera Home Medical puts customers first. RESNA’s new president looks to next generation. AdaptHealth refinances, reduces debt. Matia Mobility secures coding for standing mobility device. Breg restructures leadership.
Tenovi looks to lower cost of care - HME News
WEB23 hours ago · Tenovi looks to lower cost of care. Specialty Providers. Theresa Flaherty, Managing Editor. Updated 9:15 AM CDT, Fri September 20, 2024. PORTSMOUTH, N.H. – For tech company Tenovi, the “real magic” of remote patient monitoring is the end result – improved quality of life for patients, says Iftah Mashav, vice president of growth ...
AAH, Emerald extend Medtrade agreement | HME News
WEB1 day ago · HME News Staff. Updated 10:28 AM CDT, Thu September 19, 2024. WASHINGTON – AAHomecare and Emerald have extended their partnership in Medtrade through the 2031 show. “A vital and strongly-attended trade show is critical to the health and success of the HME sector,” said Tom Ryan, AAHomecare president & CEO. “Medtrade delivers unmatched ...
Poll respondents work to lower costs, increase sales
WEB23 hours ago · Poll respondents work to lower costs, increase sales. News. Theresa Flaherty, Managing Editor. Updated 9:17 AM CDT, Fri September 20, 2024. YARMOUTH, Maine – With reimbursement strained, it’s unsurprising that 50% of respondents to a recent HME Newspoll say they’ve targeted billing/collections as an area for improvement this year.
Analysts reflect on OMI deal, market conditions | HME News
WEBSep 13, 2024 · Owens & Minor’s acquisition: Owens & Minor (OMI) acquired Rotech Healthcare for $1.36 billion, aiming to secure large payer contracts for value-based care and a capitated risk model. Market impact: The acquisition, along with favorable conditions like improving interest rates and demand, could stimulate further M&A …
AdaptHealth refinances, reduces debt | HME News
WEB5 days ago · HME News Staff. Updated 9:04 AM CDT, Mon September 16, 2024. PLYMOUTH MEETING, Pa. – AdaptHealth has closed a $950 million senior secured credit facility, consisting of a fully funded $650 million Term Loan A and a $300 million revolving line of credit. Proceeds from the new $650 million Term Loan were used to fully repay, without penalty ...
Articles - HME News
WEBAugust 30, 2024 HME News Staff. The home accessibility market is still relatively young, but it has come a long way in that short time. Most importantly, the HME industry is increasingly taking ownership of it, says Jim Greatorex, vice president of Waterloo, Iowa-based VGM’s Live at Home division. “Over the past seven years, 75% of DMEs now ...
Upbeat forecast for HME billing systems
WEBApr 26, 2024 · Updated 8:14 AM CDT, Fri April 26, 2024. The future of HME billing systems looks bright, market specialists say, with advances in patient portal technology and artificial intelligence expected to play a leading role. “We're beginning to witness transformative trends that are not only enhancing operational efficiency but also significantly ...
General News | HME News
WEBSeptember 13, 2024 HME News Staff. WASHINGTON – CMS is soliciting public comment on a request for reconsideration of NCD 280.1 to establish coverage policies for the use of noninvasive home mechanical ventilators and respiratory assist devices for Medicare beneficiaries with COPD. The scope of the agency’s national coverage analysis (NCA ...
When numbers speak volumes - HME News
WEBAug 24, 2022 · Medicare spent about $124.5 million on CPAP devices in 2021 compared to $141.9 million in 2020, a 12% decrease. It spent roughly $134.9 million in 2019. So, utilization for CPAP devices jumped 5% from 2019 to 2020, but then dropped 12% from 2020 to 2021. The fewer set-ups in the wake of the recall and supply chain challenges have had an impact ...
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