FARGO, N.D. – In the second quarter, from September 2010 through November 2010, Noridian Administrative Services (NAS) found that of 865 claims for oxygen and oxygen equipment reviewed, 573 were denied, resulting in an error rate of 67%. That’s compared to a 54% error rate in the first quarter. “Due to this high error rate, NAS will continue with the widespread complex review,” the Jurisdiction D DME MAC stated in a Dec. 29
Provider sells new, used concentrators, supplies online
ENGLEWOOD, Colo. – 1st Class Medical launched a new website, www.portableoxygencontratorsales.com, in January. The site sells both new and used oxygen concentrators, as well as oxygen supplies, pulse oximeters and nebulizers. Visitors to the site can leave reviews of the devices they purchase or e-mail questions. 1st Class Medical is a division of North Florida Medical, which started in Lake City, Fla., in 1982 and now has 15 locations in Florida and one in Colorado.
Why did AHP hire a
BRENTWOOD, Tenn. – American HomePatient (AHP) has contracted Southfield, Mich.-based Assets International to recover assets, according to Crain’s Detroit Business. Assets International is a private investigation agency. Its website states: “Assets International was founded in 2001 as an assets location company. By poring over thousands of legal documents in the United States and abroad, we have successfully reunited over 1,000 individuals and companies with cash assets (and occasionally real estate) that were due them. Most of our clients had no idea they were entitled to the funds we located for them.”
It’s now harder to get elected to Lincare’s board
CLEARWATER, Fla. – Lincare’s board of directors has approved a change to the company’s bylaws that requires stakeholders to elect directors by a majority of the votes cast, according to a filing with the Securities and Exchange Commission (SEC) in December. “A majority of votes cast shall mean that the number of shares voted ‘for’ a director’s election exceeds 50% of the total number of votes cast,” states the filing.