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HME providers look for escape

April 25, 2014Leah Hoenen

YARMOUTH, Maine - Caught between a rock and a hard place, HME providers are asking other providers to purchase their businesses. “The bidding program locked them out of a lot of categories of products, and the audits crippled the categories they were still able to do, so there was really nowhere to go,” said Chris Rice, CEO of Riverside, Calif.-based Diamond Respiratory Care, which has been approached by several other companies in California.A bustle of activity—companies looking...

Chris Rice, Competitive Bidding, Joe Petrolla, Pat Clifford, Terry Luft