Tag: Financials
Invacare promotes Leneghan to CFO
February 23, 2018HME News Staff
ELYRIA, Ohio - Invacare has appointed Kathleen Leneghan as senior vice president and CFO, replacing Rob Gudbranson, who resigned in November. “I look forward to partnering with Matt and progressing our transformation,” she said. “We have a significant opportunity to demonstrate sustained clinical value and generate profitable growth, and, in turn, create long-term shareholder value.” Leneghan had been serving as interim CFO since November. Prior to her promotion, she was vice...
On the Summit trail
January 23, 2015Liz Beaulieu, Editor
The 2015 HME News Business Summit, Sept. 13-15 in Nashville, may be more than seven months away, but it has already become a daily part of my to-do list.
I've started making calls to past attendees, asking them what would be their dream session.
I've also started reaching out locally, to area universities (Vanderbilt University) and to area healthcare groups (the Nashville Health Care Council). Nashville is quite the healthcare hub, so I'm hoping to bring in a big gun or two that you won't hear from...
How's your bad debt?
March 16, 2012Liz Beaulieu, Editor
It didn't surprise HME consultant Karen Moore when Rotech Healthcare announced this week, as part of its latest financial earnings, that its bad debt was too high and that it would fight to get it under control.
Moore, vice president of AnCor Healthcare Consulting, says many HME providers are looking to reduce bad debt as a way to make up for lost revenue.
“With all the decreases in reimbursement, that's where you can do some picking up,” she said. “The industry standard is 3% but...