Archive: 2023
Diabetes & CGMs: ‘A rapid-fire changing environment’
March 17, 2023Theresa Flaherty, Managing Editor
WASHINGTON – Industry stakeholders say Medicare’s newly expanded coverage guidelines for continuous glucose monitors (CGMs) are a big win, but there’s still work to do to process that and other changes made to the benefit in the past few months.
CMS in March published an updated LCD and policy article that, among other things, expands coverage for CGMs to beneficiaries with Type 2 diabetes and allows follow-up visits to be conducted via telehealth.
“Medicare...
NSM zeroes in on patient relationship
March 17, 2023Liz Beaulieu, Editor
NASHVILLE, Tenn. – National Seating & Mobility’s decision to outsource revenue cycle management (RCM) administrative tasks allows the company to focus more on its core competency of providing mobility solutions and caring for people, says CEO Bill Mixon.
“Our core competency is not revenue cycle management,” he said. “What makes NSM fantastic is the intersection of our clinicians and ATPs, as well as our techs and CSRs, with our clients. That’s our...
Rx Redefined skips 'intermediary’
March 17, 2023Tracy Orzel
OAKLAND, Calif. - Rx Redefined, a platform that allows physicians to manage the distribution of medical supplies for their patients, recently raised $8 million in Series A funding, a sign that founder and CEO Brandon Boots is on to something.
Boots started Rx Redefined in 2018 because he believes, when it comes to obtaining medical supplies for a chronic condition, the prescription process is broken.
"We have experienced tremendous growth in the last year,” said Boots. “With...
Tim VanAntwerp: Mine data for retail opportunities
March 17, 2023Liz Beaulieu, Editor
WATERLOO, Iowa – When you take a data-centric approach to retail, it’s a good fit for nearly every HME provider, says Tim VanAntwerp, who was recently named director of retail services for VGM & Associates.
“Retail was always something we did,” said VanAntwerp, a long-time HME provider, most recently of Van’s Medical Equipment. “But things really got interesting when we started looking at our rejections in Brightree and we looked at those as opportunities...
In brief: Connected Care leader, ResMed survey, Masimo partnership
March 17, 2023HME News Staff
AMSTERDAM – Royal Philips has appointed Julia Strandberg as chief business leader of its Connected Care businesses, including sleep and respiratory care, effective April 24, 2023.
Strandberg, who was most recently chief commercial officer for Pear Therapeutics, will also become a member of the company’s Executive Committee, reporting to CEO Roy Jakobs.
“Julia brings deep, multi-disciplinary expertise, including in informatics and monitoring, to Philips,”...
Allied Healthcare launches strategic initiative
March 16, 2023HME News Staff
ST. LOUIS – Allied Healthcare Products, Inc., a manufacturer of medical gas construction equipment, respiratory therapy equipment, home healthcare products and emergency medical supplies, will implement strategic transformation initiatives intended to improve operational effectiveness to better serve customers and help drive growth and profitability.
As part of the plan, the company’s board of direction appointed Akash Amin as president and chief restructuring office and Mark...
Cardinal Health to install Swisslog Automation Solution
March 16, 2023HME News Staff
NEWPORT NEWS, Va. – Cardinal Health will install a Swisslog Automation Solution within its new at-Home Solutions distribution center in Grove City, Ohio. The facility is part of the at-Home Solutions business' multi-year strategy to increase warehouse capacity to accommodate its rapid growth. The AutoStore solution, empowered by Swisslog, has 31,844 storage bins providing 83,000 cubic feet of storage for 14,154 SKUs. The solution operates on synchronized intelligence from Swisslog's...
Avid Rehab Changing How Power Chairs are Designed
March 16, 2023Avid Rehab
Native content:
Avid Rehab, a division of Merits Health Products, Inc. is pleased to announce the launch of a totally new CRT power wheelchair, the elegantly simple designed AXCEL.
Through years of consultations, personal contacts and numerous studies, Merits Health Products has continuously worked to produce products to satisfy customers’ needs efficiently with quality and professionalism.
Avid’s team of engineers spent two years developing a product that highlights their combined...
InfuSystem reports top-line growth of 9% in Q4
March 15, 2023HME News Staff
ROCHESTER HILLS, Mich. – InfuSystem Holdings reported net revenues of $28.8 million and $109.9 million, respectively, for the fourth quarter and full year 2022.
For the quarter, gross profit was $16.1 million, and gross margin was 55.8%; for the full year, gross profit was $62.6 million, and gross margin was 56.9%. Adjusted EBITDA for the full year was $20.7 million, a decrease of 14% vs. the prior year.
“We had a highly productive year in 2022 with solid performance...
BFLOW integrates with Parachute on Monterey edition
March 15, 2023HME News Staff
FRESNO, Calif. and PRINCETON, N.J. - BFLOW Solutions has launched the Monterey edition of its software platform, featuring full integration with Parachute Health’s ePrescribing solution. By tapping into a network of 320,000 health care providers who use the Parachute Platform to prescribe DME equipment digitally, “we are providing a significant revenue opportunity for our user base,” said Ted Jones, president and CEO of BFLOW. “Additionally, the need for digital transformation...