Definitive Agreement Made for Amedisys to Acquire Professional Profiles, Inc. Amedisys announced that it has signed a definitive agreement to acquire Professional Profiles Inc., a personal care company, headquartered in Danvers, Massachusetts. The $4.4 million transaction is expected to close on September 1, 2016. Professional Profiles, Inc., has 384 employees and provides non-medical services that range […]
The federal government has unveiled a new tool to support home-based health care. Health care organizations and other community groups now can use an interactive online map to help ensure that people who use electric medical and assistive equipment in their homes can remain safe during severe weather and other emergencies. The HHS emPOWER Map […]
A consumer in California has filed a class action lawsuit against a provider of home medical equipment (HME), alleging that the company did not disclose that it was recording consumers’ customer service calls. The class action complaint, filed in the U.S. District Court for the Central District of California, was brought forth last week by […]
The Centers for Medicare & Medicaid Services (CMS) has announced the next steps of its Medicare Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) Competitive Bidding Program, including the bidding timeline for the Round 2 re-compete and the national mail-order re-compete. As required by law, CMS made its announcements last Thursday, also launching a comprehensive […]
Invacare Corporation (NYSE: IVC), a global manufacturer and distributor of home and long-term care medical equipment, announced a restructuring plan Wednesday that calls for workforce cuts of up to 190 associates and expected savings in the ballpark of up to $15 million. The restructuring plan of the Elyria, Ohio-based Invacare includes a reduction to the […]
Qualcomm Incorporated (NASDAQ: QCOM), a global technology developer and investor, is tapping several health care industry players to collaborate on developing its next generation of tech solutions. The company, through its subsidiary Qualcomm Life, Inc., is collaborating with ResMed (NYSE: RMD), King’s Daughters Medical Center and CareCentrix to build upon its tech solutions powered by Qualcomm […]
Invacare, a manufacturer and distributer of long-term care and home medical equipment (HME), reported a second quarter loss in the North American HME sector. Net sales for the second quarter ending June 30 decreased 3.9% to $331.3 million versus $344.8 million for the same period last year. The company’s first quarter earnings also decreased from the […]
A home medical equipment (HME) software and services provider entered an exclusive agreement with the American Association for Homecare (AAHomecare) to address audit issues in the HME industry. Brightree entered into the agreement with AAHomecare to be the information technology (IT) lead in shaping its HME Audit Key service. The HME Audit Key was born out […]
Last week, CMS announced plans to re-compete the supplier contracts awarded in Round 2 of the Medicare Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) Competitive Bidding Program. By law, CMS is required to re-compete contracts under the DMEPOS bidding program at least once every three years. Under the program, DMEPOS providers bid against each […]
The American Association for Homecare is moving forward with its campaign to track the impact of Medicare audits on providers of home medical equipment (HME) through its Audit Key initiative. The HME Audit Key was born out of the need to develop a system that shows lawmakers in Washington the affects audits have on HME […]
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