Tag: Diabetic Supplies

STOCKHOLM and COLUMBUS, Ohio – ADDvise Group has signed a letter of intent with the shareholders of Diabetic Supplies to buy all shares in the company. Diabetic Supplies, which distributes, among other things, continues glucose monitors and insulin pumps, generated revenues of $70 million in 2022, with an EBITDA of $2.7 million. “Through the acquisition of Diabetic Supplies, we complement our existing range of diabetes products and strengthen our market position,” said Rikard Akhtarzand,...

PLYMOUTH MEETING, Pa. - AdaptHealth has expanded its medical supplies platforms with the acquisitions of Solara Medical Supplies and ActivStyle.The Chula Vista, Calif.-based Solara is a national supplier of continuous glucose monitors, insulin pumps and other diabetes supplies. The Minneapolis-based ActivStyle is a national provider of incontinence and urology products.“As AdaptHealth seeks to provide more value to patients, health care professionals and insurance payers managing chronic conditions...

CARLSBAD, Calif. - Advanced Diabetes Supply aims to fill a gap in the workflows of retail pharmacies through a recent partnership with Price Chopper/Market 32.Per the partnership, the company will offer its line of continuous glucose monitors to the pharmacy's Medicare Part B patients.“Retail pharmacies really don't like to bill Part B because of all the documentation requirements,” says Tim Cady, president of ADS. “They know how onerous it is to get the medical records from the...

NASHVILLE, Tenn. - Two former Arriva Medical executives have settled allegations they violated the False Claims Act by agreeing to pay $500,000 each.The settlement resolves the United States' claims that David Wallace and Timothy Stocksdale caused Arriva to submit false claims to Medicare that were tainted by kickbacks paid to beneficiaries in the form of free or no cost home blood glucose meters or waived or uncollected copayments during the period from Nov. 23, 2011, through Aug. 30, 2013. The...

As I was sitting down at my desk one recent morning my coworker, Cath, came to me and said, “Theresa, I guess I need to ask you about diabetes.” Being short on coffee and a bit long on self-centeredness, I blinked in confusion, thinking she meant MY diabetes. But, since I've worked with her for years and already demoed my new-ish Freestyle Libre to the office (and my mom, my friends and my doctor), this made no sense. She was actually trying to drum up the contact list for our November...

BASEL, Switzerland - Ascensia Diabetes Care has improved access to its Contour Next meters and test strips for UnitedHealthcare members, it announced today. Effective April 1, individuals can access the brand's products through their pharmacy benefit at a tier 2 co-pay level. Previously, a prior authorization was required. “This change will give more people the opportunity to access these products, and at a reasonable cost,” said Robert Schumm, vice president and managing director of...

WASHINGTON - Requiring CMS to enforce its own rules for the mail-order diabetes program will help to preserve beneficiary choice, say stakeholders.“This certainly a good first step in trying to rectify a bad program,” said Kurt Anderson, director of advocacy for the American Association of Diabetes Educators. “There were some loopholes in the law that suppliers took advantage of.”The budget for the Department of Health and Human Services for fiscal year 2019 included two provisions....

INDIANAPOLIS - J&B Medical Supply has been dismissed from a lawsuit alleging it had sold blood glucose test strips under the retail pharmacy benefit rather than the DME benefit.All charges were dismissed without prejudice and without costs, according to a court filing.The lawsuit, filed earlier this year by Roche Diagnostics and Roche Diabetes Care, claimed that they wrongfully paid millions of dollars in rebates in lost millions of dollars in legitimate sales to an alleged scheme by several pharmacies...

WASHINGTON - A bill that would protect access to diabetes supplies for Medicare beneficiaries is expected to get introduced in the Senate soon, say advocates.“I'll be back up (to Washington D.C.) and talking to congressional individuals, as well as mobilizing the patient community, to remind them this is an important issue,” said Christel Aprigliano, CEO of the Diabetes Patient Advocacy Coalition.A bill already introduced in the House of Representatives seeks to strengthen protections...

WASHINGTON - Reps. Diana DeGette, D-Colo., Susan Brooks, R-Ind., and Tom Reed, R-N.Y., have introduced a bill to ensure Medicare beneficiaries have access to their preferred brand of diabetes supplies.“The Protecting Access to Diabetes Supplies Act,” H.R. 3271, would strengthen protections requiring mail-order contract suppliers to include at least 50% of the types of testing supplies that were available before the implementation of the competitive bidding program. It would also prohibit...