Archive: 2024
OIG: Medicare remains vulnerable to orthotics fraud
May 30, 2024HME News Staff
WASHINGTON – The Office of Inspector General says there are still issues related to CMS’s oversight of off-the-shelf braces, including providers that ordered braces for enrollees for whom there was no history of a treating relationship.
The OIG also found new suppliers located in geographic areas with known Medicare fraud; Medicare paid more than private payers for OTS braces; and suppliers used prohibited solicitation to contact enrollees.
“These issues continue...
EnsoData, Parachute Health integrate
May 30, 2024HME News Staff
MADISON, Wis. – EnsoData and Parachute Health are partnering to expedite care for newly diagnosed sleep disorders by simplifying the workflow of various care providers. The two companies will collaborate on a seamless handoff from a physician-signed sleep report directly through to DME providers using Parachute Health. “We’re excited to partner with Parachute Health to better serve patients, sleep physicians and DME providers working from a footprint spanning thousands of physicians...
VGM Canada seeks outstanding women
May 30, 2024HME News Staff
BURLINGTON, Ontario – VGM Canada is accepting nominations for the Canadian HME Woman of the Year Award through June 28. The award is open to all women who work in the HME or mobility industry in Canada, including suppliers, physiotherapists, occupational therapists and manufacturers. “Now in the third year, we are thrilled to continue recognizing the outstanding women in our industry with this award,” said Dave Davies, president, VGM Canada. “We hope this award not only provides...
AAH makes recs on Medicare Advantage
May 30, 2024HME News Staff
WASHINGTON – AAHomecare has responded to a CMS request for information on Medicare Advantage data with recommendations to improve transparency in these plans. The association’s recommendations include:
Require MA plans to publish data that demonstrates they provide sufficient access to care and patient choice, including measures of beneficiary satisfaction and complaints, as well as the number of in-network DME suppliers by product category and geography.
Require MA...
AAH gets additional support from Cardinal Health
May 30, 2024HME News Staff
WASHINGTON – AAHomecare has announced that Cardinal Health at-Home Solutions has moved to the Legacy corporate partner level at the association, joining five other companies in that top tier. AAHomecare President and CEO Tom Ryan said the company has been an asset on the association’s Medical Supplies Council, Diabetes Council, Breastfeeding Coalition and associated work groups. “I’m gratified by this latest endorsement of our policy priorities and achievements from Cardinal...
Kalogon raises funding
May 30, 2024HME News Staff
MELBOURNE, Fla. – Smart seating startup Kalogon has raised $1.2 million in extended seed funding to expand its line of products. The company will use the funds to bolster R&D and go-to-market following a standout year of product advancements and record sales that included partnerships with mobility device distributors – such as Etac and National Seating & Mobility – and the completion of the AgeTech Collaborative from AARP’s accelerator program. “This...
Three providers partner to offer LIW products
May 30, 2024HME News Staff
RICHMOND, British Columbia – HME Home Medical Equipment, HME Home Health and Harding Medical have partnered to expand pediatric product offerings nationwide. As part of the partnership, the three companies will share the exclusive rights to sell LIW Care Technology products across Canada with a dedicated website, www.hmekids.com. “HME Home Health is excited to partner again with HME Home Medical Equipment and Harding Medical,” said Robert Boscacci, CEO and co-founder of HME Home...
‘Switching heads’ syndrome: CPCG wants more, not less, fragmentation
May 29, 2024Liz Beaulieu, Editor
WASHINGTON – Saleem Shah officially debuted Collaborative Patient Care Group (CPCG) at Medtrade in March after developing business-to-business offshoring and custom technology development solutions for his own company, New Hampshire Medical Supply, in 2019 and offering them to other companies starting in 2023.
CPCG’s “belief system”: To take over certain tasks so HME providers can eliminate the “switching heads” syndrome that holds them back from peak...
In brief: HoneyNaps funding, Philips BiPAP update, F&P Healthcare results
May 29, 2024HME News Staff
BOSTON – HoneyNaps, an AI sleep data analysis company based in South Korea, has closed its series B round of funding, securing $11.6 million.
This funding is nearly three times the $3.9 million raised through series A funding back in 2021.
"This successful funding amidst a challenging investment climate has validated our position as Korea's leading sleep-tech company,” the company’s CFO stated in a press release. "These resources will enable us to...
HoneyNaps hits $16.2 million in funding
May 29, 2024HME News Staff
BOSTON – HoneyNaps, an AI sleep data analysis company based in South Korea, has closed its series B round of funding, securing $11.6 million.
This funding is nearly three times the $3.9 million raised through series A funding back in 2021.
"This successful funding amidst a challenging investment climate has validated our position as Korea's leading sleep-tech company,” the company’s CFO stated in a press release. "These resources will enable us to...