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'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?

Diabetes revolution continues to brew

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05/31/2002

REDWOOD CITY, Calif. - Cygnus has launched its long-awaited GlucoWatch Biographer, the only FDA approved device that measures glucose levels frequently and automatically, but providers of diabetes supplies need not fret. The revolution hasn't come yet.

DMERC downcodes CRI's Lasette Plus

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05/31/2002

ALBUQUERQUE, N.M. - The joy Cell Robotics International broadcast in January when the company found out that the allowable on its new blood sampling device came in at $870 has turned into a frustrating educational lap around DMERC policy.

Paperless offices remain rare

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05/31/2002

ANN ARBOR, Mich. - In theory, the paperless office is where everyone wants to be; In reality, HME providers have been reluctant to embrace the concept.

Sunrise to launch new homecare bed

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05/31/2002

LONGMONT, Colo. - Sunrise Medical is preparing a July launch for a new homecare bed to be marketed by its Guardian division. Although Sunrise currently manufactures two other beds, neither caught on as a flagship for an HME's semi-electric rental fleet.

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