Tag: Hausted
In brief: CMS flaunts fraud savings, GF makes buy
June 7, 2013HME News Staff
WASHINGTON - CMS says its anti-fraud efforts in 2011 and 2012 have recovered more than $14.9 billion in healthcare fraud judgments, settlements and administrative impositions, according to a press release. A big reason for the agency's success: new fraud-fighting powers and tools in the Affordable Care Act (ACA). Since March 2011, when the ACA was signed into law, the agency has revoked the ability of 14,663 providers to bill the Medicare program, compared with 6,307 revocations in the two years...
Graham-Field buys Hausted
June 7, 2013HME News Staff
ATLANTA - Graham-Field (GF) Health Products, a manufacturer of home health products, has completed the acquisition of Hausted, a manufacturer of patient handling equipment, including stretchers and chairs, according to a press release. GF is currently a supply partner to Hausted for steel components. Upon completion of the transaction, GF will relocate the Hausted manufacturing and processing facilities to its expanded Fond du Lac, Wis.-based steel fabrication facility, and its Doraville, Ga.-based...