Tag: e-prescribing
In brief: NCPA Digest shows ‘ominous pressure,’ Parachute integrates with athenahealth, COPD Action Alliance launches
October 30, 2024HME News Staff
COLUMBUS – Independent pharmacy represented a $94.9 billion marketplace in 2023, with gross profit margin falling to 19.7%, its lowest point in the 10-year lookback window of the NCPA Digest.
This reflects factors like low or below-cost third-party reimbursements and inflation (which showed up in wages and overhead costs), according to the NCPA.
Other highlights from the 2024 NCPA Digest include:
Independent community pharmacies represent 35% of all retail pharmacies...
Parachute integrates with athenahealth
October 29, 2024HME News Staff
NEW YORK – Parachute Health is now part of athenahealth’s marketplace program, making DME e-prescribing available to a growing network of health care providers. Now, athenahealth users can launch Parachute directly from their existing workflows, preventing administrative paperwork and allowing them to track patient order status from the initial order through fulfillment. “At Parachute Health, our mission is to give all patients a ‘soft landing,’ with the life-saving...
A more integrated DMEscripts powers ‘right DME at right time’
October 18, 2024Liz Beaulieu, Editor
PHOENIX – Pankaj “PJ” Likhmania says one of his main goals as the new CIO of DMEscripts is “providing a very strong integration technology through all our APIs” so the e-prescribing platform can be used on a wider scale to the benefit of providers and patients.
“DMEscripts doesn’t need to be the front experience for everyone,” he said. “In many instances, we just assume to be in the background, ensuring there is a digital connection that’s...
In brief: DME’s value, FTC’s lawsuit, DMEscripts’ integration
September 25, 2024HME News Staff
WATERLOO, Iowa – The cost of treating injuries and illnesses due to lack of DME far exceeds the cost of providing the necessary equipment, according to a new report from Leitten Consulting.
For example, every dollar spent on mobility equipment can save Medicare $62.53 in treatment costs, the report found.
“An ounce of prevention is now worth several pounds of cure,” said Brian Leitten, CEO of Leitten Consulting, which specializes in health care policy analysis...
DMEscripts integrates, names new exec
September 23, 2024HME News Staff
INDIANAPOLIS – DMEscripts has integrated with Rovicare, a transitional care management platform, and has named its co-founder, Pankaj "PJ" Likhmania as its new CIO. Together, the two companies will launch a “hospital-to-home” strategy that will tackle provider bottlenecks, miscommunication and inefficiencies that can lead to delays in care, subpar patient experiences, preventable hospital admissions and lack of accountability, they say. "We are thrilled to partner...
In brief: e-prescribe push, PBM guardrails & data collection efforts
September 6, 2024HME News Staff
WASHINGTON – AAHomecare is bringing together a group of e-prescribing vendors to develop resources, including an upcoming webinar, to educate suppliers and other key audiences.
In the group: Brightree, DMEscripts, Parachute Health and Tomorrow Health.
“Our board members and industry partners have invested heavily in e-prescribing transformation as a means to lower operating costs and to improve delivery of care and patient safety for all providers,” said John Brady,...
AAHomecare makes e-prescribe push
September 5, 2024HME News Staff
WASHINGTON – AAHomecare is bringing together a group of e-prescribing vendors to develop resources, including an upcoming webinar, to educate suppliers and other key audiences.
In the group: Brightree, DMEscripts, Parachute Health and Tomorrow Health.
“Our board members and industry partners have invested heavily in e-prescribing transformation as a means to lower operating costs and to improve delivery of care and patient safety for all providers,” said John Brady,...
Edgepark seeks to ‘unlock’ e-prescribe solutions
July 3, 2024Theresa Flaherty, Managing Editor
TWINSBURG, Ohio – Edgepark’s new online storefront for ostomy products will “elevate and modernize” the ordering experience for prescribers and clinicians, says Yelena Brusilovsky, vice president of sales.
Edgepark launched the national storefront in June, leveraging Parachute Health’s e-prescribing platform.
“We are essentially unlocking the capability for health care providers to prescribe ostomy products through an e-prescribe (platform),”...
Quipt addresses investigation, commits to e-prescribing
February 23, 2024Theresa Flaherty, Managing Editor
CINCINNATI – Quipt Home Medical’s strong fiscal first quarter was tempered by news of a recently-announced investigation into certain claims, during a recent earnings call.
Quipt has disclosed that it has received a civil investigative demand from the U.S. Attorney’s Office for the Northern District of Georgia pursuant to the False Claims Act regarding an investigation concerning whether the company may have caused the submission of false claims to government health...
Providers prioritize tech in 2024
January 26, 2024Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Technology ranks high on the list of investments providers plan to focus on this year, say more than half of respondents to a recent HME Newspoll.
Fifty-six percent of poll respondents said investments in technology are a necessity these days.
“We need to move toward a more comprehensive revenue cycle process to address shrinking margins, increased audits and hiring challenges,” wrote one respondent. “We are betting on this to reduce resistance...