Archive: July 2023
FTC reaches proposed settlement with Surescripts
July 31, 2023HME News Staff
WASHINGTON – The Federal Trade Commission has filed a proposed order to remedy what it says is anticompetitive conduct by Surescripts that led to higher prices, stifled innovation and reduced customer choice in the e-prescribing market.
The order follows a favorable federal court ruling that found Surescripts possesses monopoly power in e-prescribing services with a 95% “super share,” according to the FTC.
“The FTC will not hesitate to take action in...
NCART elects new members, seeks pricing data
July 31, 2023HME News Staff
WASHINGTON – NCART has elected new members to its board of directors for the 2023-35 term. They are Bruce Bayes, president of Custom Mobility; John Goetz, consultant to Permobil; Larry Jackson, president of Sunrise Medical; Johnny Miller, president of Miller’s; Kyle Walker, regional vice president of Reliable Medical Supply; and Brett Zaer, president of Superior Mobility. “We’re very thankful to the strong and committed group of industry leaders who give their time, expertise...
AlayaCare tapped by Infusion Ventures
July 31, 2023HME News Staff
TORONTO – Infusion Ventures will use AlayaCare’s next-generation home-based care platform to prepare for continued growth. Woburn, Mass.-based Infusion Ventures currently offers home infusion nursing services in six northeastern states. "As we provide more home infusion nursing services, our core functions of nurse scheduling, electronic visit verification, billing and data management are important areas of focus," said David Pliner, president of Infusion Ventures. "We are delighted that...
Option Care leans on ‘momentum of base business’ in wake of failed deal
July 28, 2023Theresa Flaherty, Managing Editor
BANNOCKBURN, Ill. – Option Care will return nearly all of a $106 million break-up fee to shareholders, as the company moves on from its failed merger with Amedisys, said CEO John Rademacher.
Option Care announced in June that it had terminated its $3.6 billion merger with Amedisys, just weeks after the two companies announced the deal.
“Given the strength of our balance sheet and forward outlook, we believe it is appropriate to return essentially all of the break fee...
Enos Home Medical focuses on ‘cleaner’ hospice market
July 28, 2023HME News Staff
NEW BEDFORD, Mass. – Enos Home Medical tripled its size along the North Shore of Massachusetts when it bought the hospice business of a local company recently, says CEO Jon Enos.
The family-owned Enos Home Medical, which was founded by Enos’ grandfather as a part-time oxygen business in 1950, also serves Connecticut, Rhode Island and southern New Hampshire.
“I’m always on the lookout for ways to increase our footprint and this was a unique opportunity,”...
Sunset Healthcare ‘jumps into’ wound care
July 28, 2023Liz Beaulieu, Editor
CHICAGO – Sunset Healthcare Solutions credits two partners, VGM & Associates and ZeniMedical, for its ability to seamlessly add wound care to its product portfolio, says PJ Ruflin, vice president of business development.
Sunset Healthcare announced that it joined VGM as a vendor partner in March and then it became a distributor of ZeniMedical’s range of foam, composite, hydrocolloid, alginate and collagen dressings in June.
“We have a great partner and a great...
VGM sends ‘strong message’ with new childcare center
July 28, 2023Liz Beaulieu, Editor
WATERLOO, Iowa – The VGM Group expects to open an on-site childcare center in November, helping the community fill a dire need and positioning the company, whose workforce is mostly female, at the leading edge of employee recruitment and retention.
“Twenty-eight percent of the childcare businesses in our area have closed in the last five years, and we’re not able to solve that problem completely, but we’re part of the solution,” said Cassi Price, vice president...
In brief: Breast forms legislation, NIV win, Medline truck rodeo
July 28, 2023HME News Staff
WASHINGTON — Reps. Judy Chu, D-Calif., and Mariannette Miller-Meeks, R-Iowa, have reintroduced the bipartisan Breast Cancer Patient Equity Act, which would provide Medicare coverage of custom breast prostheses to breast cancer survivors.
The bill, H.R. 4779, would allow hundreds of thousands of women each year to choose a custom prosthesis after a mastectomy.
“This is a great step forward in our efforts to expand access to life-changing health care for breast cancer...
Bill to cover custom breast forms reintroduced in House
July 27, 2023HME News Staff
WASHINGTON — Reps. Judy Chu, D-Calif., and Mariannette Miller-Meeks, R-Iowa, have reintroduced the bipartisan Breast Cancer Patient Equity Act, which would provide Medicare coverage of custom breast prostheses to breast cancer survivors.
The bill, H.R. 4779, would allow hundreds of thousands of women each year to choose a custom prosthesis after a mastectomy.
“This is a great step forward in our efforts to expand access to life-changing health care for breast cancer...
Option Care Health posts gains
July 27, 2023HME News Staff
BANNOCKBURN, Ill. – Option Care Health reported net revenue of $1.07 billion and net income of $114.4 million for the second quarter of 2023.
Gross profit was $250.8 million or 23.5% of net revenue, and adjusted EBITDA was $110.1 million for the quarter.
“The Option Care Health team executed on another solid quarter of financial results,” said John Rademacher, CEO. “Our commitment to providing unparalleled care that produces superior clinical outcomes makes...