Tag: Allegiance
In brief: Bid relief becomes official, BioScrip restructures credit
December 16, 2016HME News Staff
WASHINGTON - President Barack Obama on Dec. 13 signed into law the 21st Century Cures Act, which offers some relief to HME providers in rural areas.The bill, passed by the House of Representatives on Nov. 30 and the Senate on Dec. 7, will retroactively delay Medicare cuts that went into effect in non-competitive bidding areas from June 30, 2016, to Dec. 31, 2016, allowing providers to recoup six months worth of payments.The same cuts will go back into effect, however, on Jan. 1, 2017.Still, industry...
