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Rotech blames neb med reimbursement for losses

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11/10/2011

ORLANDO, Fla. – Rotech Healthcare this week reported net revenues of $122.8 million for the third quarter this year compared to $125 million for the same period last year. It reported a net loss of $1.7 million vs. a net income of $2.5 million.

Apria, Rotech rack up losses

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11/10/2011

LAKE FOREST, Calif. - Apria Healthcare on Nov. 4 reported net revenues of $584.9 million for the three months ended Sept. 30, 2011, compared to $526 million for the same period last year. It reported a net loss of $4.7 million vs. $100,000.

Apria racks up losses

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11/07/2011

LAKE FOREST, Calif. – Apria Healthcare on Nov. 4 reported net revenues of $584.9 million for the three months ended Sept. 30, 2011, compared to $526 million for the same period last year. But it reported a net loss of $4.7 million vs. $100,000.

Turning Leaf turns to medical supply markets

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10/31/2011

LEBANON, Ore. - When provider Anne Turner added diabetes supplies to her product mix this summer she found a ready pool of customers: her CPAP patients.

RT survey reveals communication gap

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10/30/2011

IRVING, Texas - When it comes to reducing hospital readmissions, communication between hospitals and homecare providers will play a key role. But a recent survey of respiratory therapists reveals they have a long way to go.

Providers take hard look at businesses

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10/30/2011

YARMOUTH, Maine - It's the economy, stupid.
It's also competitive bidding, reduced reimbursements and increased costs of doing business that have providers taking a hard look at their businesses. Some have had to lay off long-time employees.

Lieber's bucket list

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10/30/2011

Cutting costs isn't just about eliminating products or people, says Miriam Lieber, president of Lieber Consulting. It's also about tackling business operations. Two of the biggest problem areas: wasted time and uncollected receivables. Fortunately, improving one can improve the other, she said.

'The medical industry is very attractive to a lot of buyers'

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10/30/2011

CHARLOTTE, N.C. - With 15 years and more than 500 deals under its belt, VR Business Sales, Mergers & Acquisitions has built a reputation for selling businesses in the Carolinas. Among the company's recent sales were Penrod Medical Equipment in July and Lake Norman Medical in August. Owner Jay Offerdahl recently spoke with HME News about buying and selling in the HME arena.

No more 'plain Jane' scrubs

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10/30/2011

WETUMPKA, Ala. - Provider Peter Czapla is trying a different approach to attract new referral sources: selling scrubs.

Bye-bye brick and mortar

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10/30/2011

LOS ANGELES - Provider Steve Welch has gone from a storefront with 1,000 products to a web-based business offering more than 10,000 products.

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