Tag: Apria
In brief: CMS makes advance payments, state AG sues Apria, OIG warns of cath scams
March 13, 2024HME News Staff
WASHINGTON – CMS on March 9 made available Change Healthcare/Optum Payment Disruption (CHOPD) accelerated payments to Part A providers and advance payments to Part B suppliers experiencing claims disruptions.
The payments may be granted in amounts representative of up to 30 of claims payments to eligible providers and suppliers. The average 30-day payment is based on the total claims paid to the provider/supplier between Aug. 1, 2023, and Oct. 31, 2023, divided by three. These payments...
State AG sues Apria Healthcare
March 11, 2024HME News Staff
INDIANAPOLIS – The Attorney General for the state of Indiana on Feb. 29 filed a lawsuit against Apria Healthcare related to a data breach that the state says persisted for multiple years. Apria, which had its main headquarters in Indianapolis before it was bought by Richmond, Va.-based Owens & Minor in 2022, previously provided notice of the breach in May 2023. The lawsuit requests relief on a number of counts, including award damages of up to $100 per violation for up to $25,000 per violation...
OM highlights diabetes, downplays weight loss drugs
November 8, 2023Theresa Flaherty, Managing Editor
RICHMOND, Va. – Owens & Minor officials are excited about the future of the Patient Direct segment after posting double-digit growth for the diabetes and sleep categories in the third quarter.
The segment, which reported revenue of $648 million in the quarter, now makes up about 25% of overall revenue.
“(Diabetes and sleep) continue to be extremely strong for us,” said Edward Pesicka, president and CEO, during a recent earnings call. “And you think about...
OM sees ‘power’ in Byram, Apria brands
August 9, 2023Theresa Flaherty, Managing Editor
RICHMOND, Va. – Owens & Minor execs say they remain “bullish” on the company’s Patient Direct segment, which has posted double-digit growth for four consecutive quarters, but the home respiratory category, specifically, isn’t where they’d like to see it.
Patient Direct’s revenue for the second quarter of 2023 was $633 million, up 10.5% over the same period in 2022.
“It is clear that the powerful brands of Byram and Apria are working...
In brief: GAO denies protest, OM reports growth, Numotion launches website
August 4, 2023HME News Staff
WASHINGTON – The Government Accountability Office has denied a protest by B&B Medical Services of six contracts for in-home oxygen and ventilator services awarded by the Department of Veterans Affairs to Apria Healthcare.
B&B argued that the VA’s solicitation did not properly reflect its requirements, the agency failed to consider a corporate transaction relevant to its evaluation of the awardee's responsibility and technical capability, Apria misrepresented the availability...
GAO denies protest of certain VA contracts to Apria
August 3, 2023HME News Staff
WASHINGTON – The Government Accountability Office has denied a protest by B&B Medical Services of six contracts for in-home oxygen and ventilator services awarded by the Department of Veterans Affairs to Apria Healthcare.
B&B argued that the VA’s solicitation did not properly reflect its requirements, the agency failed to consider a corporate transaction relevant to its evaluation of the awardee's responsibility and technical capability, Apria misrepresented the availability...
Apria reports data breach
May 24, 2023HME News Staff
INDIANAPOLIS – Apria Healthcare is providing notice of a data breach that involved some personal information. On Sept. 1, 2021, Apria received a notification regarding access to select Apria systems by an unauthorized third party. The company says it took immediate action to mitigate the incident, including working with the Federal Bureau of Investigation and hiring a forensic investigation team to investigate and resolve the incident. Based on its investigation and discussions with law enforcement,...
Owens & Minor stays on path for rapid growth
May 12, 2023Theresa Flaherty, Managing Editor
RICHMOND, Va. – Owens & Minor execs say they are “thrilled” with the growth of the company’s Patient Direct segment, led by Apria and Byram Healthcare, which continues to outpace the market.
Revenues for the segment grew by 10.4% on a year-over-year basis, and nearly all of its major product categories saw double-digit growth, said President and CEO Edward Pesicka on a call to discuss the company’s first quarter earnings for 2023.
“This rapid...
AAH starts new Legacy
March 7, 2023HME News Staff
WASHINGTON – AAHomecare has a new corporate partner level with five inaugural members.
The companies supporting the association and its public policy work at the Legacy level are Apria and Byram Healthcare, both owned by Owens & Minor; ResMed and Brightree, which is owned by ResMed; and Medline. They are all now paying $125,000 in annual dues.
“We see great value in AAHomecare and the industry associations,” said Dan Starck, executive vice president at OM, who...
OM initiates realignment in ‘evolving market’
February 28, 2023HME News Staff
RICHMOND, Va. - Owens & Minor has initiated a companywide “operating model realignment program” to accelerate profit improvement and reduce costs.
The company expects the realignment to improve profitability and cash flow by about $30 million of adjusted operating income in 2023; $200 million of adjusted operating income by 2025; and $250 million to $400 million of working capital benefit by 2025.
“Fourth-quarter results showed that we need to move quickly to offset...