Tag: Revenue
ABC Plus, Sleep Coaches spot revenue opportunities
August 3, 2020Tracy Orzel
LOS ANGELES - ABC Plus Pharmacy and Sleep Coaches have partnered with Team@Work to help HME providers maximize revenue by improving patient outcomes for neb-med and CPAP patients.
“Our industry loves to talk about patient follow-up, and disease and outcomes management,” said Marcus Kruk, director of sales for ABC Plus Pharmacy. “The high-dollar patients fall into that category because they can support it; but when it comes to these patients, that's not the reality because...
Hasco Medical's Q2 revenues jump 28%
September 4, 2014HME News Staff
ADDISON, Texas - Hasco Medical's net revenues for the second quarter of 2014 were $24 million, up 28% from the same quarter last year, the company has announced. Gross profit was $5.1 million vs. $4.3 million. Revenues in the first half of 2014 totaled $44.5 million, up 32% from the same period last year. Gross profit was $10.4 million vs. $7.8 million. The company credits increased private-pay business for accessible vans and contributions from Auto Mobility Sales, which it bought last September,...
BioScrip's home infusion revenues jump nearly 50%
August 8, 2014HME News Staff
ELMSFORD, N.Y. - BioScrip has reported revenues of $247.1 million and a net loss of $18.6 million for the second quarter of 2014. Total revenues increased by $74.8 million or 43.4% compared to the same period last year. Revenues from home infusion, specifically, increased $74.6 million or 47.8%. The growth in home infusion was driven primarily by continued strong double-digit organic growth and the acquisition of CarePoint Partners, the company stated.
Mystery theater: Why is wheelchair utilization down?
June 23, 2010Liz Beaulieu, Editor
Provider Rick Perrotta says his wheelchair business is down about 30% for the first four months of this year compared to last year, but he's not sure why.
"The way our business is set up, our monthly revenues are very stable," said Perrotta, president of Network Medical Supply in Charlotte, N.C., which specializes in standard power wheelchairs and repairs. "They're going to vary, maybe, 15% above average on a good month and 10% below average on a bad month. But 30%—never."
Perrotta says...