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Lawmakers look to reduce AWP to fund cancer drugs

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05/31/2002

WASHINGTON - Sen. John Rockefeller (D-W.Va.) would like to see the averaged wholesale price of albuterol and other Medicare covered drugs slashed and the savings used to pay for oral cancer drugs.

Politics

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05/31/2002

Lobby congress, it's key

With Tom Connaughton
Q. AAHomecare has been particularly strident in urging its members to contact Congress as soon as possible. Why is that so important ?

Competitive bidding: 'It's not going away'

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05/31/2002

WASHINGTON - Even if industry leaders manage to derail President Bush's call to roll out a national competitive bidding program for Medicare this year, don't think you've seen the last it.

Provider: 'Drop dead' Medicaid

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05/31/2002

SANDWICH, Mass. - Mark Sheehan had two words for state Medicaid auditors who claimed he owned $247,000 due to faulty billing practices: "Drop dead."

'They kicked my teeth out'

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05/31/2002

SACRAMENTO, Calif. - Almost a year to the day that Scott Vogelsang appeared on the cover on an industry publication next to the headline "When is Fraud Okay?" the U.S. government charged the DME provider with healthcare fraud.

Rumor mill: Rotech eyeing AHP

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05/31/2002

BRENTWOOD, Tenn. - The rumor mill is chewing up American Homepatient once again, aided by real concerns that the company may not be able to meet its debt obligation beyond Dec. 31, 2002.

Rotech's revenues jump 5.9% in first quarter

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05/31/2002

ORLANDO, Fla. - Rotech Healthcare reported net revenues for the first quarter ended March 31, 2002, of $160 million, an increase of 5.9% over revenues of $151.2 million for the same quarter in the previous year.

Update

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05/31/2002

ALEXANDRIA, Va. - CMS failed to take up the Re/hab and Assistive Technology Council's (RATC) recently submitted code applications at its DME Open Meeting last month, but RATC hopes they'll make the agenda at its last meeting of the year on June 17.

"I think the conclusion you can draw is that Innomed wrote a press release that was sufficiently effective in scaring

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05/31/2002

- Analyst Bruce Jacobs of Deutsche Banc Alex Brown in Boston on the stock prices of the nation's two CPAP heavyweights, respironics and resmed, declining sharply following reports that innomed technologies had logged $20 million in sales commitments for its new nasal int

Finance

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05/31/2002

Don't forget a business plan
With Tom Carden
Q. How important is it to have a business plan?

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