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CMS data shows sharp decline in number of HME providers

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04/27/2017

WASHINGTON – Nearly 41% of HME providers have dropped Medicare since July 2013, according to AAHomecare.

That was when Round 2 of the competitive bidding program kicked off in 91 cities with an average reimbursement cut of 45%.

Pacific Pulmonary settles whistleblower lawsuit

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04/26/2017

NOVATO, Calif. – Pacific Pulmonary Services has agreed to pay $11.4 million to resolve allegations that it participated in a kickback scheme for home oxygen and sleep therapy equipment.

The company admits to no wrongdoing.

BD accelerates offerings with Bard

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04/25/2017

FRANKLIN LAKES, N.J., and MURRAY HILL, N.J. – Becton, Dickinson and Company will buy C. R. Bard for $24 billion, the companies announced April 23.

Tougher times ahead: Impact of rate cuts pile up

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04/21/2017

YARMOUTH, Maine – A whopping 65% of respondents to a recent HME Newspoll say they can sustain their businesses for less than a year, if they don’t get reimbursement relief.

M&A: Buyer appetite for HME improves

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04/21/2017

YARMOUTH, Maine – After a slow first quarter, buyer appetites for HME businesses are picking up, say M&A analysts.

Update at Invacare: FDA moves on

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04/21/2017

ELYRIA, Ohio – The U.S. Food and Drug Administration will now pick back up on a third and final certification report submitted by Invacare’s third-party auditor.

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Poll

HME NewsPoll May 2017

In 2016, Medicare expanded competitive bid pricing to non-bid or rural areas.