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Moneyline: Patientco, TwelveStone receive investments; DME Express makes buy

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07/26/2018

ATLANTA – Patientco, a patient billing and payment technology company, has raised $28 million in Series B growth capital.

West Virginia lawmakers go to bat for HME

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07/25/2018

WASHINGTON – A group of senators and representatives from West Virginia has sent a letter to CMS Administrator Seema Verma saying the agency’s May 9 interim final rule “does not go far enough” to ensure continued access to DME for the elderly and disabled in rural areas.

Budget neutrality wreaks more havoc in proposed rule

‘CMS has dug its heels even deeper’ on the controversial offset for home oxygen products
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07/20/2018

WASHINGTON – CMS’s proposed changes to the home oxygen benefit would ding reimbursement for portable equipment and portable gas contents, as well as oxygen generating portable equipment (OPGE).

B&F’s Bachenheimer unpacks proposed bidding methodology

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07/20/2018

WASHINGTON – CMS’s recently issued proposed rule proposes two key improvements for the competitive bidding program: lead item pricing and clearing price to establish the single payment amounts (SPAs).

Lead item pricing

In brief: Study highlights bid program’s flaws, Amazon eyes medical supplies pilot

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07/20/2018

SAN FRANCISCO – Add the Pacific Research Institute to the long list of economists and researchers who believe CMS’s current competitive bidding program for HME is inefficient at best and dangerous at worst.

New study highlights bid program’s flaws

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07/20/2018

SAN FRANCISCO – Add the Pacific Research Institute to the long list of economists and researchers who believe CMS’s current competitive bidding program for HME is inefficient at best and dangerous at worst.

CMS upends competitive bidding

Agency pauses program with plans to implement significant changes, including some that stem from industry recommendations
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07/13/2018

WASHINGTON – All Medicare-enrolled HME providers are back in business starting Jan. 1, 2019.

In brief: Upstate HomeCare leverages HealthSqyre for growth, ResMed joins forces with Verily

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07/13/2018

CLINTON, N.Y. – Upstate HomeCare has announced a strategic partnership with HealthSqyre, a Denver-based online CPAP marketplace.

CMS’s Seema Verma: Current bid structure ‘not sustainable’

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07/12/2018

WASHINGTON – CMS Administrator Seema Verma says she wants to “modernize” the agency’s long-standing competitive bidding program for DMEPOS by instituting market-oriented reforms.

Proposed rule: Current bid contracts won’t be extended

Rule also proposes adjustments to fee schedule methodology, establish separate payment class for oxygen
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07/11/2018

WASHINGTON – A proposed rule released today seeks to make changes to the Medicare fee schedule and the competitive bidding program.

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