In brief: CMS undecided about PECOS, Invacare joins movement
WASHINGTON - Due to recent inquiries, CMS last week clarified its policy on when it will expand ordering/referring provider claim edits. In a bulletin, the agency stated: "CMS has not yet decided when it will begin to reject claims if an ordering/referring provider does not have a record in the Provider Enrollment, Chain, and Ownership System (PECOS). CMS will give providers ample notice before claim rejections begin."
Invacare joins Medical Mart movement
ELYRIA, Ohio - A familiar name in the HME industry announced last week that it's throwing its weight behind the Cleveland Medical Mart & Convention Center (Cleveland MMCC). Invacare has signed a letter of intent to join the downtown marketplace, which will include a Medical Mart (235,000 square feet of showroom space for manufacturers and service providers); a trade-show facility; and a conference center. The partnership was announced during ceremonial groundbreaking festivities Jan. 14. The Medical Mart & Convention Center, which will span 1 million square feet, is slated to open in 2013. "Designed to bring buyers and sellers together, Cleveland MMCC is the world's only facility targeted specifically to the medical and healthcare industries," accord to its website. Invacare will use the Medical Mart to highlight the value of home health care, according to its release.
Medtrade calls for presentations
ATLANTA - Nielsen Expositions is now accepting abstracts for the Medtrade 2011 educational conference. Topics to be considered include audits, business operations, competitive bidding, human resources and retail. To submit a presentation, click on "call for presentations" in the speaker services area at www.medtrade.com. Medtrade takes place Oct. 24-27 at the Georgia World Congress Center.
KCI buys TechniMotion
SAN ANTONIO - Kinetic Concepts, Inc. (KCI) has acquired "substantially all of the assets and intellectual property" of TechniMotion, an Austin, Texas-based company that designs and develops patient handling systems for acute and post-acute patient care. TechniMotion's products include patient lifts that enable out-of-bed transfers, seated transfers and basic sit-to-stand maneuvers, and a reclining bedside chair that allows bed transfers to be performed over a patient's mattress. The products will be marketed through KCI's Therapeutic Support Systems (TSS) division. The medical lift market is about $220 million annually in the United States, according to KCI's release.
CareCentrix buys Sleep Management Solutions
HARTFORD - CareCentrix has acquired Sleep Management Solutions, expanding its services to include sleep management, the company announced last week. CareCentrix manages home nursing, infusion and medical equipment services for more than 20 million people across the country through a network of 5,000 credentialed homecare providers. Sleep Management Solutions provides home sleep testing technology to qualifying patients. It also follows up with patients who are approved for sleep therapy devices to ensure they're using them properly.