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Invacare sticks to target

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09/13/2019

ELYRIA, Ohio – Invacare reaffirmed its long-term target of $85 million to $105 million adjusted EBITDA run-rate by the fourth quarter of 2020 at the Baird Global Healthcare Conference in New York on Sept. 4.

Guilty plea entered for $424M fraud scheme

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09/10/2019

WASHINGTON – The owner and CEO of a telemedicine company has pleaded guilty to a $424 million conspiracy to defraud Medicare and receive illegal kickbacks in exchange for DME orders, the Department of Justice has announced.

Providers feel burned in California

Under a proposal, Medi-Cal reimbursement for an oxygen concentrator would drop to $55.19
 - 
09/06/2019

SACRAMENTO, Calif. – California’s Medicaid program, Medi-Cal, may find itself in a bind for HME providers if a drastic reimbursement cut goes through as planned, say industry stakeholders.

Approved PAR? Proceed with caution, consultants say

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09/06/2019

YARMOUTH, Maine – Industry consultants warn a recent uptick in the number of approved prior authorization requests (PARs) isn’t always a good thing.

Drive DeVilbiss struggles with $600M in debt

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09/06/2019

PORT WASHINGTON, N.Y. – Medical Depot, which operates as Drive DeVilbiss Healthcare, has begun restructuring talks with its senior lenders, the Wall Street Journal has reported.

Byram advocates for working women

They’re a key customer for the company, which sells about 15,000 breast pumps each month
 - 
09/06/2019

WHITE PLAINS, N.Y. – Breast pumps allow women to return to work while still nursing, but many don’t know they have rights to make that transition easier. That’s something Byram Healthcare wants to change, says CEO Perry Bernocchi.

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HME NewsPoll October 2019

Sept. 18 is the deadline for submitting bids for Round 2021 of competitive bidding.