Tag: Hospice
Home Oxygen Company positions for growth
July 17, 2024Theresa Flaherty, Managing Editor
MODESTO, Calif. – Home Oxygen Company’s recent acquisition of the DME division of a local hospice provider will boost its patient census in California’s Central Valley and position it to grow into 2025, says CEO Andrea Ewert.
Home Oxygen Company in June announced it had finalized a deal to acquire the DME business from Modesto, Calif.-based Community Hospice & Health Services, a company that it already had a good working relationship with, says Ewert.
“We...
VITAS Healthcare promotes four
February 7, 2024HME News Staff
MIAMI – VITAS Healthcare, a provider of hospice services in 14 states, has promoted four leaders to vice president roles, including Mario De La Rosa, who is now vice president of HME operations. De La Rosa, Kathleen Coronado, Anthony Cosma and Angela Hamrick join the executive management team with more than 50 years of combined experience in hospice and palliative care. De La Rosa will be responsible for continuing to evolve the level of internal collaboration among the HME business and operations...
Enos Home Medical focuses on ‘cleaner’ hospice market
July 28, 2023HME News Staff
NEW BEDFORD, Mass. – Enos Home Medical tripled its size along the North Shore of Massachusetts when it bought the hospice business of a local company recently, says CEO Jon Enos.
The family-owned Enos Home Medical, which was founded by Enos’ grandfather as a part-time oxygen business in 1950, also serves Connecticut, Rhode Island and southern New Hampshire.
“I’m always on the lookout for ways to increase our footprint and this was a unique opportunity,”...
Enos Home Medical makes acquisition
July 5, 2023HME News Staff
NEW BEDFORD, Mass. - Enos Home Medical has expanded its footprint in northern Massachusetts and reinforced its focus on the hospice market with a recent acquisition of “significant DME assets” in the area, says Jon Enos.
The acquisition better positions Enos Home Medical to “meet current dynamic market conditions and today’s ever-changing medical landscape,” the company says.
“We are excited to be able to reach even more hospice patients in the...
Reporter’s notebook: Hospice landscape squeezing providers
May 17, 2023Theresa Flaherty, Managing Editor
When Medicare’s competitive bidding program was first being implemented, many DME providers turned to servicing the hospice market to offset some of those business losses.
In the past several years, however the hospice industry has seen not only consolidation, but the rise of DME benefit management companies, or DBMs, which promise greater efficiencies and lower pricing for hospices. That means DME providers who wanted to retain their hospice contracts were forced to accept those...
HealthKeeperz scales back to scale up
March 13, 2023HME News Staff
FAYETTEVILLE, N.C. – HealthKeeperz has signed an agreement to sell its home health business to BAYADA Home Health Care.
HealthKeeperz will continue to serve North Carolina communities with hospice care, home medical equipment and supplies, and case management services.
“The transition of our home health services is an evolution in HealthKeeperz's commitment to providing quality health care to the southeastern region of North Carolina," said HealthKeeperz President Tim...
Central Medical Supply ‘stays ahead’ with acquisitions
June 3, 2022Theresa Flaherty, Managing Editor
FLANDERS, N.J. – With the “gates opening” after two years of the pandemic, the timing was right for Central Medical Supply to pull the trigger on several acquisitions, says Joe Sacco, president and CEO.
The company, a provider of equipment to hospice agencies that’s backed by Osceola Capital, announced in May that it had made three acquisitions: Helping Hands Medical Equipment, the hospice assets of Consolidated Medical Surgical Supply and PPD Homecare.
“We...
Central Medical Supply bulks up in Northeast
May 24, 2022HME News Staff
FLANDERS, N.J. – Central Medical Supply, a portfolio company of Osceola Capital, has acquired three hospice and home care equipment management companies: Helping Hands Medical Equipment, the hospice assets of Consolidated Medical Surgical Supply and PPD Homecare.
Helping Hands, an Allentown, Pa.-based provider of DME management solutions to hospice agencies founded by Marty Falk, further expands Central Medical’s presence in eastern and central Pennsylvania.
Consolidated...
Quipt gains large new market with latest acquisition
January 4, 2022HME News Staff
CINCINNATI – Quipt Home Medical has acquired At Home Health Equipment, an Indiana-based provider with unaudited trailing 12-month annual revenues of about $13 million and net income of $1.6 million.
Quipt says the acquisition creates its single largest market from a revenue standpoint: Indianapolis.
“This is a significant acquisition as it creates the largest single market for us in a very attractive region, allowing us the ability to strengthen our overall interconnected...
OIG investigates payments for hospice beneficiaries
November 22, 2021HME News Staff
WASHINGTON – Medicare improperly paid suppliers an estimated $117 million over four years for DMEPOS provided to hospice beneficiaries, according to a new report from the Office of Inspector General.
Specifically, for 58% of the sampled DMEPOS items billed without the GW modifier (67 of 115 items) and 63% of those billed with the GW modifier (54 of 85 items), the items were provided to palliate or manage a beneficiary’s terminal illness and related conditions. The GW modifier...