HME News | HME News
WEB2 days ago · October 11, 2024. Stakeholders need to ‘stay motivated’ on reimbursement relief. WASHINGTON – It’s been a long year fighting to get Congress to move bills that would extend the 75/25 blended Medicare reimbursement rates in non-bid, non-rural areas, but the last few months of the year could provide the HME industry’s...
Stakeholders need to ‘stay motivated’ on reimbursement relief
WEB1 day ago · Updated 9:01 AM CDT, Fri October 11, 2024. WASHINGTON – It’s been a long year fighting to get Congress to move bills that would extend the 75/25 blended Medicare reimbursement rates in non-bid, non-rural areas, but the last few months of the year could provide the HME industry’s biggest opportunity yet, stakeholders say.
Senator calls on HHS to fix IV solutions shortage | HME News
WEB2 days ago · Updated 10:50 AM CDT, Thu October 10, 2024. WASHINGTON - U.S. Sen. Amy Klobuchar, D-Minn., is urging U.S. Department of Health and Human Services Secretary Xavier Becerra and administration officials to use all appropriate authorities to resolve the national shortage of intravenous (IV) solutions caused by …
Upbeat forecast for HME billing systems
WEBApr 26, 2024 · Updated 8:14 AM CDT, Fri April 26, 2024. The future of HME billing systems looks bright, market specialists say, with advances in patient portal technology and artificial intelligence expected to play a leading role. “We're beginning to witness transformative trends that are not only enhancing operational efficiency but also significantly ...
At PHM – and in HME – Mastrovich sees opportunity
WEB1 day ago · KENT, Wash. – With more than three decades under his belt, Larry Mastrovich, the new CEO of Performance Home Medical, has seen the HME industry weather many challenges – and he remains optimistic about its future. “The industry has endured a lot of headwinds, and now I think we’ve started to see a little tailwind,” said Mastrovich ...
Hospital-at-home: Start thinking ahead - HME News
WEBJul 10, 2024 · HMEs can start preparing now for the geographic and clinical expansion of hospital-at-home. Start thinking about investing in technologies – like remote monitoring, AI or telehealth. Review your billing and invoicing practices – are you poised to switch to a value-based model to align incentives with the costs and outcomes of hospital-at ...
CMS implements waivers in hurricane-affected areas | HME News
WEBOct 3, 2024 · CMS implements waivers in hurricane-affected areas. Updated 10:32 AM CDT, Thu October 3, 2024. WASHINGTON – CMS will permit people with Medicare who have lost or had damage to their DMEPOS products because of Hurricane Helene to receive replacements of such items and services, according to a bulletin from AAHomecare.
In brief: Bills move forward, National HME makes buy, OIG
WEBDec 8, 2023 · In brief: Bills move forward, National HME makes buy, OIG reviews CGMs. WASHINGTON – The House Energy & Commerce Committee on Dec. 6 approved an amended version of H.R. 5555 that extends the 75/25 blended rate in non-competitive bidding areas through 2024. The amended language does not, however, include the 90/10 blended rate adjustment for ...
Analysts reflect on OMI deal, market conditions | HME News
WEBSep 13, 2024 · Owens & Minor’s acquisition: Owens & Minor (OMI) acquired Rotech Healthcare for $1.36 billion, aiming to secure large payer contracts for value-based care and a capitated risk model. Market impact: The acquisition, along with favorable conditions like improving interest rates and demand, could stimulate further M&A …
When numbers speak volumes - HME News
WEBAug 24, 2022 · Medicare spent about $124.5 million on CPAP devices in 2021 compared to $141.9 million in 2020, a 12% decrease. It spent roughly $134.9 million in 2019. So, utilization for CPAP devices jumped 5% from 2019 to 2020, but then dropped 12% from 2020 to 2021. The fewer set-ups in the wake of the recall and supply chain challenges have had an impact ...