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Care Synergy, RCC Medical Equipment form JV
December 30, 2024HME News Staff
DENVER – Care Synergy and RCC Medical Equipment Co. have agreed to form a joint-venture partnership to provide enhanced health care services throughout the Colorado Front Range region. Together, Care Synergy, a health care management service organization, and RCC Medical Equipment Co. will provide high-quality health care equipment to the patient populations of Care Synergy’s health care affiliates, including The Denver Hospice, Colorado PACE, Pathways Hospice, Pikes Peak Hospice & Palliative...
AlayaCare ‘delivers results’
December 30, 2024HME News Staff
NEW YORK – AlayaCare Marketplace has created more than 96,000 referrals across 43 states, with a 95% completion rate, the company says. “This integrated tool in AlayaCare Cloud allows organizations to send and receive patient referrals between providers, eliminating unnecessary back and forth when coordinating and staffing cases, saving time and improving outcomes,” the company says. AlayaCare noted that key highlights from 2024 include:
255-plus onboarded home infusion...
Inogen OK’d to supply airway clearance device
December 30, 2024HME News Staff
GOLETA, Calif. – Inogen has received 510(k) clearance from the U.S. Food and Drug Administration for the Simeox 200 Airway Clearance Device, expanding the company’s ability to market and meet the various needs of patients with chronic respiratory diseases in the U.S.
Inogen entered into a definitive agreement to acquire Physio-Assist SAS, a privately held company based in France that makes the technology-enabled Simeox for $32 million in 2023.
“We are very...
New abstract highlights ‘hidden’ costs of DME
December 30, 2024HME News Staff
YARMOUTH, Maine – A careful cost-benefit approach to covering DME electricity costs under insurance programs should consider the potential improved health and the reduced mental strain from financial worries, as well as potential increases in Medicare spending, according to a new abstract published in Nature.
As there is an increase in the consumption of these devices, more careful consideration should be devoted to possible insurance policy coverage of these “hidden” out-of-pocket...
FDA approves GLP-1 for OSA
December 23, 2024HME News Staff
WASHINGTON – The U.S. Food and Drug Administration announced Dec. 20 that it has approved Zepbound (tirzepatide) for the treatment of moderate to severe sleep apnea in adults with obesity to be used in combination with a reduced-calorie diet and increased physical activity.
“Today’s approval marks the first drug treatment option for certain patients with obstructive sleep apnea,” said Sally Seymour, M.D., director of the Division of Pulmonology, Allergy, and Critical...
Nymbl Systems receives investment
December 23, 2024HME News Staff
COLUMBUS, Ohio – Nymbl Systems, a provider of cloud-based practice management software for orthotics and prosthetics, complex rehab technology and home medical equipment providers, has received an equity investment from Frontier Growth.
The amount of the deal was not disclosed, but Charlotte-based Frontier Growth typically makes initial equity investments of $5 million to $30 million in mission critical vertical SaaS companies with $3 million to $20 million of annual recurring revenue...
Diabetes, weight loss drugs cause spike in spending, utilization
December 23, 2024HME News Staff
WASHINGTON – Medicaid spending on 10 selected diabetes and two selected weight loss drugs totaled more than $9 billion in 2023, a 540% increase compared to 2019, according to a new Data Brief from the Office of Inspector General.
“This substantial increase could have a financial impact on the Medicaid program,” the brief states. “Information in this data brief may be beneficial to CMS and State Medicaid agencies when developing future program guidance related to these...
Ki Mobility names new president
December 23, 2024HME News Staff
STEVENS POINT, Wis. - Ki Mobility has appointed Charlie Covert as president of Mobility North America effective Jan. 6. Covert joins Ki Mobility and Etac with more than 20 years of experience in the md-tech sector, most recently as general manager for Pain Interventions at Medtronic. Doug Munsey, co-founder of Ki Mobility and current president of Mobility North America, will transition into a partial retirement and senior advisor role starting Jan. 1 to support Etac and the chairman of the board...
Aeroflow's contract with Montana Medicaid reupped
December 23, 2024HME News Staff
ASHEVILLE, N.C. – Aeroflow Breastpumps, a subsidiary of Aeroflow Health, has been selected by Montana’s Department of Public Health and Human Services as a contractor to provide double electric breast pumps and related supplies for eligible members of Montana Medicaid and Health Montana Kids/Children’s Health Insurance Plan through Sept. 30, 2025. “We’re very grateful to continue serving the residents of Montana and look forward to expanding our services throughout the...
MSC goes where ‘friction’ is
December 20, 2024Theresa Flaherty, Managing Editor
CLEVELAND – Medical Service Company’s latest acquisition of a hospital-owned DME brings the number of discharging hospitals under its care to more than 50, says CEO Josh Marx.
MSC announced Dec. 3 it had acquired Carle Medical Supply, a DME provider supporting patients of Carle Health, which includes eight hospitals and multi-specialty physician group practices with more than 1,300 doctors and advanced practice providers, as well as provider-driven health insurance plans.
“Even...