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Gov’t in line for large recovery, OIG says

by: 
Theresa Flaherty
  - 
12/04/2019
  | 
General News

WASHINGTON – Taxpayers could see nearly $5.9 billion that has been misspent on healthcare services returned to the government, according to The Office of Inspector General in its Semiannual Report to Congress published this week.

Fisher & Paykel reports growth

by: 
HME News Staff
  - 
12/03/2019
  | 
Vendors

AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported net profit after tax of $121.2 million for the six months ended Sept. 30, representing 24% growth.

The company reported operating revenue of $570.9 million, representing 12% growth.

Invacare to close facility in Germany

by: 
HME News Staff
  - 
12/03/2019
  | 
Vendors

ELYRIA, Ohio – Invacare will close its production and distribution facility in Porta Westfalica, Germany, at the end of 2020, a move that will affect about 240 associates, according to a Form 8-K that the company filed with the Securities and Exchange Commission on Nov.

Also Noted

McKesson puts the partnership in payer relations

‘I saw them putting their swords down and saying how do we work on this together’ Jeff Bowman says of the company’s provider roundtables
 by: 
Tracy Orzel
  - 
11/27/2019
  | 
Vendors

ROCK HILL, S.C. – McKesson recently hosted its fifth provider roundtable in Rock Hill, S.C., to discuss the importance of payer relations on the HME industry’s future.

Stakeholders spotlight flaws in PMD repair process

by: 
Liz Beaulieu
  - 
11/27/2019
  | 
Mobility

WASHINGTON – An upcoming review of PMD repairs by the Office of Inspector General raises the stakes for providers who are already grappling with a requirement that doesn’t always match every day realities.

Soleo Health fills in footprint

by: 
HME News Staff
  - 
11/27/2019
  | 
Specialty Providers

MCKINNEY, Texas – Soleo Health has been focused on growing organically, but it’s now at a size where it makes sense to pursue tuck-in acquisitions, says CEO Drew Walk.

Mobility

Vendors

Providers

Specialty Providers

Poll

HME NewsPoll December 2019

Payers are increasingly using third-party administrators to coordinate DME for their members, despite numerous concerns from industry stakeholders. Sleep Solutions in Michigan, for example, sent out an alert to its customers who are BCBS PPO members that the insurer has hired Northwood, a TPA, to manage their DME needs.