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In brief: Bid relief becomes official, BioScrip restructures credit

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12/16/2016

WASHINGTON – President Barack Obama on Dec. 13 signed into law the 21st Century Cures Act, which offers some relief to HME providers in rural areas.

CMS reports decrease in identified overpayments

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12/15/2016

WASHINGTON – Recovery audit contractors identified and corrected nearly $441 million in improper payments in Fiscal year 2015—a decrease of 82.8% compared to 2014.

Bid relief becomes official

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12/13/2016

WASHINGTON – President Barack Obama is set to sign into law today the 21st Century Cures Act, which offers some relief to HME providers in rural areas.

Devil in the details: Stakeholders await guidance on bid relief

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12/09/2016

WASHINGTON – Now that a rollback of a second round of Medicare reimbursement cuts in rural areas is a foregone conclusion, the big question is: How will CMS follow through on Congress’ directive?

In brief: CMS releases nat’l health expenditures, OIG says two brands dominate mail-order market for diabetes supplies

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12/09/2016

WASHINGTON – Per-capita healthcare spending grew by 5% and overall healthcare spending grew by 5.8% in 2015, according to a recent study by the Office of the Actuary at CMS.

Cures Act headed to president

Bill will roll back second round of Medicare reimbursement cuts that went into effect this year in rural areas
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12/07/2016

WASHINGTON – The 21st Century Cures Act, which includes important provisions related to Medicare’s competitive bidding program, has been passed by the Senate and is now headed to the president’s desk for his signature.

CMS releases nat’l health expenditures for 2015

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12/06/2016

WASHINGTON – Per-capita healthcare spending grew by 5% and overall healthcare spending grew by 5.8% in 2015, according to a recent study by the Office of the Actuary at CMS.

Bid relief nears finish line

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12/02/2016

WASHINGTON – The HME industry is within spitting distance of rolling back certain Medicare reimbursement cuts after the 21st Century Cures Act sailed through the House of Representatives last week.

Industry cheers Price nomination

‘He has been an incredibly vocal opponent of CMS’
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12/02/2016

WASHINGTON – As the new secretary of the Department of Health and Human Services, Rep. Tom Price, R-Ga., would have a huge agenda—one that, industry stakeholders believe, could better support HME.

In brief: Coloplast buys Comfort Medical for $160M, senators introduce bill to preserve access to diabetes supplies

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12/02/2016

MINNEAPOLIS – Coloplast, which has its U.S. headquarters here but is based in Denmark, has entered into a definitive agreement to acquire Coral Springs, Fla.-based Comfort Medical for $160 million in cash, the company announced Nov. 30.

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