Tag: Codereadr
In brief: Drive secures loan, Medtrade recognizes best
October 11, 2013HME News Staff
BETHESDA, Md. - Drive Medical is refinancing existing debt and supporting ongoing capital and growth needs with a $115 million loan, according to financing administrator GE Capital, Healthcare Financial Services. The senior credit facility may be increased to as much as $165 million under certain conditions and can be used to make acquisitions, according to an Oct. 8 release. “GE worked closely with us to provide the capital and flexibility we will need to continue our growth and maintain our...
App tracks HME, meds, home care visits
October 8, 2013HME News Staff
BOSTON - Skycore LLC, developer of codeREADr, has unveiled an app designed to securely track HME, medications and home care visits, the company announced Oct. 8. On display at Medtrade, the app uses NFC-enabled smartphones and tablets to read unique ID (UID), simultaneously recording the location and capture type. “When authenticating an NFC tag's UID and capture type, service providers know the captured ID wasn't from a fraudulent source, such as a copied barcode, or manually input by the...