Tag: National Seating & Mobility (NSM)
NSM enhances festival
October 1, 2024HME News Staff
NASHVILLE, Tenn. - National Seating & Mobility returned as the official ADA sponsor of the 2024 Pilgrimage Music & Cultural Festival on Sept. 28-29 at The Park at Harlinsdale Farm in Franklin, Tenn. This marks the fifth year the company has partnered with the festival to provide ADA accessible viewing for attendees with disabilities throughout the two-day event. “NSM was pleased to be a part of The Pilgrimage Festival hosted in the heart of our corporate headquarters’ hometown again this...
In brief: Industry’s warning, Philips’ lawsuit, AdaptHealth’s results, NSM’s potential sale
August 6, 2024HME News Staff
ARLINGTON, Va. – The now expired 75/25 blended Medicare reimbursement rates served as a lifeline for many HME companies in non-bid, non-rural areas and immediate intervention is needed to preserve this infrastructure that allows individuals to manage their medical needs at home, according to a new report from AAHomecare.
The report is based on a recent survey that found an overwhelming 93.5% of respondents have had to make difficult operational changes in response to the expired rates...
Cinven preps for NSM sale
August 6, 2024HME News Staff
NASHVILLE, Tenn. – Cinven has engaged sell-side advisers Harris Williams and Morgan Stanley as it prepares to sell National Seating & Mobility, PE Hub reports. The London-based private equity firm, which bought NSM in 2019 for a reported $850 million, plans to put the company up for sale sometime after Labor Day, it reports. Previously, NSM was owned by Court Square Capital Partners from 2016-19 and by Wellspring Capital Management from 2012-16. Under Cinven, NSM entered the Canadian market...
In brief: UHC’s new capitated arrangement, NCPA’s cyberattack request
May 3, 2024HME News Staff
MINNEAPOLIS – UnitedHealthcare has entered into a capitated arrangement with Synapse Health for standard DME in Georgia and North Carolina for its Medicare Advantage plan members enrolled in HMO and PPO plans.
The change, announced on UHC’s website on May 1, is effective Aug. 1.
DME providers will need to join the Synapse Health network to continue to provide standard DME for these plan members. Synapse Health will reach out to providers with details about joining...
NSM names Kline to board
May 1, 2024HME News Staff
NASHVILLE, Tenn. — National Seating & Mobility has appointed Teresa “Terri” Kline, who most recently served as president and CEO of Health Alliance Plan, which was part of the Henry Ford Health System, to its board of directors. “Terri brings significant transformational experience and depth of knowledge from the managed care world to our board,” said Crispin Teufel, CEO. “A history of board service for growth-driven companies, strategic expertise and passion for...
Crispin Teufel’s get-to-know-you tour
April 10, 2024Liz Beaulieu, Editor
NASHVILLE, Tenn. – Crispin Teufel has spent the first 90 days as CEO of National Seating & Mobility traveling to different branches and spending time with employees in different divisions to help determine the best path forward for the company.
Teufel was named CEO in November, replacing Chuck Bodner, CFO, who served as interim CEO.
“I’ve really been on a mission to listen and learn from the organization,” he said. “I’ve spent time in every job...
NSM names CIO
January 9, 2024HME News Staff
NASHVILLE, Tenn. - National Seating & Mobility has named Shayn Spingler as CIO. She joins the company from Hill International, a global construction services company operating in 40 countries, where she was senior vice president of global information technology. “We are pleased to welcome Shayn to the NSM team,” said Crispin Teufel, CEO. “Her proven experience in a wide range of technology roles teamed with a passion for serving others makes her uniquely equipped to develop our...
NSM names RCM exec
January 8, 2024HME News Staff
NASHVILLE, Tenn. – National Seating & Mobility has named Mike Peters chief revenue cycle officer. He will be responsible for funding, billing and collections, and payer relations and operations. “Mike’s extensive experience and impressive track record of enhancing revenue cycle performance will be invaluable to our mission and future success,” said Crispin Teufel, who recently took over as CEO of NSM. “His leadership will also be critical in our efforts to advance appropriate...
In brief: Teufel’s new job, FDA’s new warning, Joerns’ new direction
December 1, 2023HME News Staff
NASHVILLE, Tenn. — National Seating & Mobility has named Crispin Teufel, who served as CEO of Lincare Holding for five years, as its CEO.
Teufel replaces Chuck Bodner, who had been serving as interim CEO. Bodner will continue in his role as CFO.
“I am honored to take on the role of CEO at NSM,” Teufel said. “The passion and perseverance of the NSM team is evidenced by the company’s continued success. I am proud to support the NSM team in further advancing...
NSM names Teufel CEO
November 29, 2023HME News Staff
NASHVILLE, Tenn. — National Seating & Mobility has named Crispin Teufel, who served as CEO of Lincare Holding for five years, as its CEO.
Teufel replaces Chuck Bodner, who had been serving as interim CEO. Bodner will continue in his role as CFO.
“I am honored to take on the role of CEO at NSM,” Teufel said. “The passion and perseverance of the NSM team is evidenced by the company’s continued success. I am proud to support the NSM team in further advancing...