Archive: October 2024
Carelon sees CareBridge as foundation for home health business
October 31, 2024HME News Staff
INDIANAPOLIS – Carelon, a division of Elevance Health, recently entered into an agreement to acquire CareBridge, a value-based manager of home and community-based services for chronic and complex members that will serve as the foundation for its home health business, company officials announced during a conference call to discuss its third quarter 2024 financial results.
"We're excited to continue to serve all its customers and members,” said Gail Koziara Boudreaux,...
Reimbursement relief: Keep pushing for signatures
October 31, 2024HME News Staff
WASHINGTON – So far, more than 20 members of the House of Representatives have joined a sign-on letter requesting that CMS re-establish 75-25 blended rates in non-rural, non-competitive bidding areas, according to AAHomecare.
“Given that Congress is currently out of session and House members are in the final weeks of campaign season, this is a promising start,” the association stated in a bulletin.
AAHomecare urges stakeholders to continue reaching out to representatives...
OIG adds reviews for wheelchair repairs, oxygen
October 31, 2024HME News Staff
WASHINGTON – The Office of Inspector General added wheelchair repairs and oxygen and oxygen equipment to its work plan in October. For wheelchair repairs, the OIG will examine suppliers who provide these services and will consider the duration of repairs, their implementation of selected quality standards, and their identification of deficiencies related to wheelchair repairs. It will review documentation from wheelchair suppliers and accreditation organizations and conduct interviews with...
COPD Foundation to honor COPD Awareness Month
October 31, 2024HME News Staff
MIAMI – The COPD Foundation and its community have a full month of activities planned for November in honor of COPD Awareness Month. The COPD Foundation’s activities aim to raise awareness of COPD and to emphasize the need for increased research, funding and support for people impacted by chronic lung disease. “This November, we join lung health champions around the world to raise awareness of COPD,” said Jean Wright, M.D., MBA, CEO of the COPD Foundation. “COPD affects...
Physician sentenced in kickback case
October 31, 2024HME News Staff
DALLAS – Daniel R. Canchola, M.D., has been sentences to 10 years and one month in prison and ordered to pay more than $34 million in restitution for his role in a scheme to defraud Medicare by prescribing durable medical equipment and cancer genetic testing without seeing, speaking to or otherwise treating patients. According to court documents, Canchola, of Flower Mound, Texas, agreed to electronically sign doctor’s orders for DME and cancer genetic testing that he knew were used to...
Beta Bionics integrates with Libre 3 Plus
October 31, 2024HME News Staff
IRVINE, Calif. – Beta Bionics has launched the integration of its flagship iLet Bionic Pancreas with Abbott’s FreeStyle Libre 3 Plus sensor. The iLet Bionic Pancreas is an autonomous insulin delivery system that streamlines diabetes management and is the first insulin delivery system in the United States to connect to Abbott’s FreeStyle Libre 3 Plus sensor, whose readings every minute will help iLet calculate insulin doses. “Beta Bionics continues to move at lightning speed...
EnsoData, Happy Health partner on sleep monitoring
October 31, 2024HME News Staff
MADISON, Wis. - EnsoData and Happy Health, which makes the Happy Ring, have announced a partnership to meet the need for simple, clinical grade nightly sleep monitoring in the home. Happy Health’s platform, Happy Sleep, now allows patients to directly receive an FDA-approved sleep test powered by EnsoData PPG, see a board-certified sleep doctor and begin personalized care – all from the comfort of their homes and all in just three days, the companies say. “In the world of health...
From Intake to Billing — SOS Handles It All for HME/DME Providers
October 31, 2024Strategic Office Support
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Option Care reports strong Q3, keeps eye on disaster impacts
October 30, 2024HME News Staff
BANNOCKBURN, Ill. – Option Care Health reported revenue of nearly $1.3 billion for the third quarter of 2024, an increase of 17% compared to the same quarter in 2023.
Gross profit was $256.7 million, or 20.1% of net revenue, up 1 % compared to $254.3 million, or 23.3% of net revenue, in the third quarter of 2023. Adjusted EBITDA was $115.6 million, up 5.3% compared to $109.8 million in the third quarter of 2023.
“Once again, the Option Care Health team continued to perform...
Survey: More work needs to be done to support pumping in workplace
October 30, 2024HME News Staff
ASHEVILLE, N.C. – Eighty-two percent of working mothers say their workplace could provide more support for breast pumping, according to a new survey from Aeroflow Breastpumps.
Aeroflow Breastpumps surveyed 667 mothers who have had children within the past two years and are working while breast pumping.
Improved access to private pumping rooms, better maternity leave policies, and an increased acceptance of pumping at work would enable moms to more easily meet and exceed their...