Tag: Closure
Knueppel Healthcare to close
March 4, 2020HME News Staff
MILWAUKEE - Knueppel Healthcare Services, citing unsustainable Medicare reimbursement, will close by the end of April, according to the Milwaukee Business News.
The provider, a third-generation family business, also cited competition from e-commerce as a reason for closing and laying off 44 employees.
“I've been doing it for close to 20 years now; I gave it my best,” William Knueppel told the newspaper. “On a personal level, I feel I let my father down (who passed in 2008)....
Invacare to close facility in Germany
December 3, 2019HME News Staff
ELYRIA, Ohio - Invacare will close its production and distribution facility in Porta Westfalica, Germany, at the end of 2020, a move that will affect about 240 associates, according to a Form 8-K that the company filed with the Securities and Exchange Commission on Nov. 25.The work done there will be done at other Invacare facilities or by third parties.As a result of the move, Invacare expects to incur pre-tax cash restructuring charges in its Europe segment, primarily related to severance and transition...
In brief: UroMed to close, bid registration opens
June 14, 2019HME News Staff
SUWANEE, Ga. - UroMed, a provider of urological, incontinence and other disposable medical supplies, will close on July 8, according to a letter to its customers.“We apologize for any inconvenience this closure may cause; however, over the next few weeks UroMed will be working diligently to ensure a seamless transition of care to another provider of your choice in accordance with your plan's network,” reads the letter, signed by Ryan Schorr, vice president and general manager.UroMed was...
UroMed to close
June 13, 2019HME News Staff
SUWANEE, Ga. - UroMed, a provider of urological, incontinence and other disposable medical supplies, will close on July 8, according to a letter to its customers.
“We apologize for any inconvenience this closure may cause; however, over the next few weeks UroMed will be working diligently to ensure a seamless transition of care to another provider of your choice in accordance with your plan's network,” reads the letter, signed by Ryan Schorr, vice president and general manager.
UroMed...
Degen Berglund closes store dues to industry challenges
May 11, 2018HME News Staff
LA CROSSE, Wis. - Degen Berglund plans to close its home medical services store, laying off 30 employees, according to a local TV station. The company says it is selling its CPAP business to Family Medical Supply and CPAP, also located in La Crosse, and will now focus on its pharmacy and retail businesses. In a statement, the company told the station that industry challenges have made it more difficult to provide service to people needing DME and CPAP. The layoffs will begin in phases, starting July...
'It is no longer worth the pit in my stomach'
April 4, 2018Liz Beaulieu, Editor
It's always disappointing when the HME industry's efforts to get relief from Medicare's competitive bidding program fail to cross the finish line. But this last time around, when H.R. 4229 failed to make the cut in a recently passed omnibus bill, it was particularly disappointing.
In the weeks leading up to the vote on the omnibus bill, I received emails from several providers asking, do you think it will happen? After the vote, the “ask” became, do you think it will ever...
Baystate Health drops home infusion, respiratory services
March 23, 2018HME News Staff
SPRINGFIELD, Mass. - Baystate Health is handing over its home infusion and respiratory services business to CVS, according to the Greenfield Recorder. Baystate Home Infusion & Respiratory Services will close by the end of the month. After a strategic review, Baystate Health found “durable medical equipment and home delivery of respiratory services, and related equipment and supplies, are not a core business of Baystate Health,” a spokeswoman for the healthcare system told the newspaper....
Cooke & Burnell Orthopedic Supplies shuts down
January 30, 2018HME News Staff
PITTSFIELD, Mass. - Cooke & Burnell Orthopedic Supplies has closed, after an attempt to merge with another company failed, according to the Berkshire Eagle. Cooke & Burnell, which had four employees, stopped accepting new patients on Jan. 1, but it remained open for several weeks so that company officials could tie up loose ends. The merger was how they planned to renew their five-year license to sell orthopedic supplies, which expired at the end of 2017. Company officials decided to close the business,...
HME provider closes due to cuts
August 1, 2017HME News Staff
REDDING, Calif. - Northern Rehab Equipment & Respiratory is closing its doors after 19 years in business, according to a local newspaper. The HME provider served customers all over the North State, specializing in products for the elderly like beds, wheelchairs, walkers, oxygen concentrators, diabetic shoes and more. Owner Stephanie Schwartz told the newspaper that her company maintained a steady clientele but decreases in Medicare reimbursement made the business too difficult. New West Medical,...
Lodi Health closes HME store
February 7, 2017HME News Staff
LODI, Calif. - Lodi Health is closing Memorial Home Med-Equip due to changes in Medicare reimbursement, according to the Lodi News-Sentinel. The full-service store has provided area residents with medical equipment like hospital beds, walkers, canes and oxygen equipment for 33 years. Company officials cite a 50% reduction in reimbursement as the driving factor in the decision. Lodi Health is not alone. There were once three medical equipment supply stores in the city at one time, but they have all...