Tag: H.R. 4378
In brief: Lincare earnings, ATG acquisition, VGM roadshow
July 20, 2012HME News Staff
CLEARWATER, Fla. - Lincare Holdings came out on top in net revenues and net income for the second quarter and first half of 2012, it announced last week. The provider reported net revenues of $496.2 million for the second quarter compared to $449 million for the same period last year, a 10.5% increase. It reported net income of $47.9 million vs. $42.8 million. Lincare reported net revenues of $997 million for the first half of this year compared to $880.6 million for the same period last year, a...
In brief: Stakeholders organize, OIG investigates
June 22, 2012HME News Staff
WASHINGTON - Industry stakeholders last week submitted comments to CMS outlining concerns with a recent wave of claims against surety bonds—some triggered by overpayments as low as $16. The stakeholder, which include the Wayne van Halem Group, U.S. Rehab and VGM Insurance, recommends that CMS only allow DME MACs to trigger a surety bond if a threshold dollar amount is reached. The group also asked for better communication throughout the process, including giving more notice for providers when...
Complex rehab: Stakeholders reinforce efforts with new site
May 24, 2012Elizabeth Deprey
WASHINGTON - A new website will put all the resources stakeholders need to advocate for a separate benefit for complex rehab right at their fingertips.
The site, www.access2crt.org, which goes live May 30, will feature, among other things, an informational video on complex rehab, a position paper outlining the need for a separate benefit, and a one-page summary of H.R. 4378.
"If (you can share) a 10-minute video and you can give them three pages of information, I think that will give them a...