Tag: AdaptHealth
Big deal, big questions
May 25, 2023Liz Beaulieu, Editor
As we were putting the finishing touches on this June issue, news broke that Humana has contracted with AdaptHealth and Rotech Healthcare, two national HME providers, to provide HME products and services to its Medicare Advantage HMO members.
This is a big deal for a whole lotta reasons.
We’ve all read the headlines. Insurers are increasingly targeting Medicare Advantage plans as a source of growth. Last year, Humana outlined plans to expand its Medicare HMO offerings, specifically,...
AdaptHealth sees Humana deal as ‘starting ground’
May 19, 2023Theresa Flaherty, Managing Editor
PLYMOUTH MEETING, Pa. – AdaptHealth’s new partnership with Humana to provide home medical equipment to about 1 million Medicare Advantage HMO members could lay the groundwork for bigger things in the future, says CEO Steve Griggs.
Humana in mid-May announced it had awarded capitated care contracts to AdaptHealth and Rotech Healthcare to provide home medical equipment services to its Medicare Advantage HMO members.
“What’s exciting for us is, because it’s...
In brief: Humana MA contracts, Philips CFO, OSA-long COVID connection
May 12, 2023HME News Staff
LOUISVILLE, Ky. - Humana has announced agreements with AdaptHealth and Rotech Healthcare to provide home medical equipment services to its Humana Medicare Advantage HMO members.
The two national companies will begin providing services to these members under a value-based structure beginning July 1, with each serving a specific region of the country.
“Partnering with national DME partners under a value-based arrangement aligns with our goal to enhance access to the home care...
Humana contracts with AdaptHealth, Rotech
May 11, 2023HME News Staff
LOUISVILLE, Ky. - Humana has announced agreements with AdaptHealth and Rotech Healthcare to provide home medical equipment services to its Humana Medicare Advantage HMO members.
The two national companies will begin providing services to these members under a value-based structure beginning July 1, with each serving a specific region of the country.
“Partnering with national DME partners under a value-based arrangement aligns with our goal to enhance access to the home care...
AdaptHealth sees compression on diabetes business
May 10, 2023Theresa Flaherty, Managing Editor
PLYMOUTH MEETING, Pa. – AdaptHealth’s diabetes business declined for the second straight quarter, but execs say the overall product portfolio well positions the company in an increasingly value-based care world.
While its CGM patient census grew 8.3% during the quarter, revenue for pumps and pump supplies was down $9 million year-over-year, as a growing number of payers shift patients from the DME channel to the pharmacy channel, said CEO Steve Griggs on a call to discuss the...
In brief: Invacare’s ‘fresh start,’ AdaptHealth leadership change, POC warning
May 10, 2023HME News Staff
ELYRIA, Ohio – Invacare announced May 8 that the company, as well as its two U.S. subsidiaries, Freedom Designs and Adaptive Switch Laboratories, successfully emerged from Chapter 11 bankruptcy on May 5.
The news comes about three months after Invacare filed for Chapter 11.
“This marks the start of a new era for Invacare,” said Geoffrey P. Purtill, president and CEO, who will continue to lead the company. “With Chapter 11 behind us, we look to renew...
AdaptHealth’s Griggs to step down
May 9, 2023HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth CEO Stephen Griggs will step down effective June 30.
Griggs joined AdaptHealth in 2021 following its acquisition of AeroCare Holdings, which he founded in 2000 and led as president and CEO until the acquisition. Under his leadership, AdaptHealth added key vendors, launched cross-selling initiatives, integrated its cloud-based workstreams and pioneered e-prescribe, e-ordering and e-delivery services.
“On behalf of the board, I thank...
In brief: AdaptHealth settlement, Quipt raise, KabaFusion investment
April 28, 2023HME News Staff
PHILADELPHIA – AdaptHealth will pay $5.3 million to resolve alleged False Claims Act violations for submitting allegedly false claims to federal health care programs for respiratory devices that patients did not need or use, according to the U.S. Attorney’s Office for the Eastern District of Pennsylvania.
The settlement resolves allegations that between 2013 and 2017 AdaptHealth, known at the time as QMES and Tri-County Medical Equipment and Supply, knowingly and willfully billed...
AdaptHealth resolves alleged false claims violations
April 24, 2023HME News Staff
PHILADELPHIA – AdaptHealth will pay $5.3 million to resolve alleged False Claims Act violations for submitting allegedly false claims to federal health care programs for respiratory devices that patients did not need or use, according to the U.S. Attorney’s Office for the Eastern District of Pennsylvania.
The settlement resolves allegations that between 2013 and 2017 AdaptHealth, known at the time as QMES and Tri-County Medical Equipment and Supply, knowingly and willfully...
AdaptHealth leans in to e-prescribe, patient app
March 3, 2023Theresa Flaherty, Managing Editor
PLYMOUTH MEETING, Pa. – Technology and innovative care models are at the center of AdaptHealth’s focus in 2023, as the company seeks to build “Adapt 2.0,” say company execs.
“Adapt has been a leader in e-prescribe and the significant administrative savings and efficiencies it provides in our business,” said Josh Parnes, president. “E-prescribe and digital orders continue to increase as a percentage of our business and will continue to be a focus,...