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Doubly-good deal for ActivStyle, Advocate

 - 
02/08/2010

MINNEAPOLIS - ActivStyle, a provider of incontinence products, boosted its offerings when it acquired catheter supplier Advocate Medical Services in January.

Sens. Baucus, Grassley urge CMS to use 'discretion' toward pharmacies

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01/28/2010

A couple of marquee-name senators last week asked Medicare to cut some slack for pharmacies that have not gotten accredited.
"They were concerned that CMS was going to start acting in a draconian fashion and crack down on pharmacies that haven't gone through accreditation," said John Norton, associate director of public relations for the National Community Pharmacists Association (NCPA).

Big deal: Infusion company sold for $343 million

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01/28/2010

CONSHOHOCKEN, Pa. - After a failed deal in 2008, it looks like Bob Cucuel has found a buyer for Critical Homecare Solutions (CHS). BioScrip, a specialty pharmacy organization, has agreed to pay $343 million for the company, it announced Jan. 25.

Critical Homecare Solutions finds buyer

 - 
01/27/2010

CONSHOHOCKEN, Pa. - After a failed deal in 2008, it looks like Bob Cucuel has found a buyer for Critical Homecare Solutions (CHS). BioScrip, a specialty pharmacy organization, has agreed to pay $343 million for the company, it announced Jan. 25.

Market outlook

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01/26/2010

The vice president of sales for Harvard Drug Group says 2010 could shape up to be "an exceptional year."

'In this industry, you have to diversify'

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01/26/2010

In 2008, CMS said it would pay for the therapy, but it prohibited CPAP providers from doing both the tests and the CPAP setups. That doesn't mean providers can't enter into the market, said Parkhill, but they must follow legal guidelines closely.

CPAP rules: Some patients get it, others try patience

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01/26/2010

The updated guidelines went into effect in November 2008. For initial coverage of a CPAP, patients must have a face-to-face evaluation with a physician before the sleep test. Between 61 and 90 days, they must have a follow-up visit and meet certain criteria for continued coverage.

OIG report overlooks cost of enteral therapy services

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01/20/2010

WASHINGTON  HME providers who supply nursing homes with enteral nutrition therapy services took issue with a report issued in January by the Office of Inspector General (OIG) that says Medicare pays them too much.

Kevin Nestrick finds growth in backyard

 - 
12/17/2009

PRESCOTT, Ariz. – Provider Kevin Nestrick recently expanded his service area to include familiar territory: Bullhead City, where he’s lived for 32 years.

Smith & Nephew remains positive

 - 
09/30/2009

Smith & Nephew first entered the negative pressure wound therapy market in 2007 when it bought Blue Sky Medical, but the company has a long track record--150 years--of working in wound care. The NPWT market, currently about $1.2 billion annually in the United States, presents a "big, attractive opportunity," says Tom Dugan, president, North America for Smith & Nephew advanced wound management.

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