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.
CRT advocates make case for H.R. 5371 | HME News
WEB8 hours ago · Updated 10:27 AM CDT, Thu September 19, 2024. WASHINGTON – Complex rehab stakeholders converged on Capitol Hill last week to boost support for legislation that would improve access to titanium or carbon fiber wheelchairs. The group met with legislators and staff from 49 Congressional offices Sept. 9-10 to move H.R. 5371 forward and seek ...
AAH, Emerald extend Medtrade agreement | HME News
WEB8 hours 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 ...
NOVA Medical launches test drive certification | HME News
WEB8 hours ago · Updated 10:32 AM CDT, Thu September 19, 2024. LOS ANGELES – NOVA Medical Products has launched its NOVA Test Drive Center Certification designed to empower independent pharmacies and HME retailers to increase retail traffic and drive sales of the company’s rollator walkers. “Many people are skeptical or even fearful of using a …
AdaptHealth refinances, reduces debt | HME News
WEB3 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 ...
Analysts reflect on OMI deal, market conditions | HME News
WEB6 days ago · 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 …
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 ...
Archive: September 2022 - HME News
WEBNEW YORK – HME providers saw a 6.3% decline in their sleep patient volume in the last 12 months, but they expect double-digit growth in the next 12 months, according to the third quarter HME Sleep and Oxygen Survey from Needham.
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 ...