Tag: HME Financial Benchmarking Survey
Financial benchmarking survey is open
May 7, 2021HME News Staff
WATERLOO, Iowa, and YARMOUTH, Maine – VGM & Associates and HME News have partnered on the 2021 Financial Benchmarking Survey. The survey is available online and is open only to providers of home medical equipment. Survey results will be available for free to participating providers and will be presented and analyzed at the Virtual HME News Business Summit, which takes place Sept. 9-10. “This continued partnership makes it convenient for HME providers to have one...
Financial Benchmarking Survey is live
April 17, 2019HME News Staff
WATERLOO, Iowa, and YARMOUTH, Maine - VGM Group and HME News have opened the HME Financial Benchmarking Survey. They're partnering on the survey, which tracks data on everything from days sales outstanding to revenue per full-time employee, for the second year. “This continued partnership makes it convenient for HME providers to have one source to submit their business information,” said Clint Geffert, president of VGM & Associates. “We highly encourage all HME providers to...
HME News PSA
June 3, 2016Liz Beaulieu, Editor
I hate to give you a checklist, and on a Friday.
But here's where my brain is at, at the end of this short, but very long, workweek.
Have you filled out and submitted an application for this year's HME Excellence Awards? The deadline is quickly approaching, and there's nothing that warms my heart like a plethora of HME Excellence Awards applications to choose from. Look at last year's smiling winners—you want to be like them!
Have you filled out and submitted this year's HME Financial Benchmarking...
The Compliance Team expands patient satisfaction service
July 11, 2014HME News Staff
SPRING HOUSE, Pa. - The Compliance Team has expanded enrollment in its web-based patient satisfaction reporting and benchmarking service to all DMEPOS providers, whether they're accredited by The Compliance Team or another Medicare-approved organization. “Given Medicare's and managed care's emphasis on pay-for-performance and mandates for providers to prove their quality claims, we believe the time is right to expand our service,” stated Sandra Canally, founder and president,...
Using data, practicing self-disclosure and asking for help
July 12, 2012Liz Beaulieu, Editor
Each year, we present the results of the HME Financial Benchmarking Survey during a session at the HME News Business Summit led by Rick Glass, president of Steven Richards & Associates.
Rick usually has a sidekick. Last year, it was provider Scott Lloyd (thanks again, Scott—great job!). This year, it will be Kathy Rankin, a visiting instructor in the Palumbo Donahue School of Business at Duquesne University in Pittsburgh.
Kathy teaches undergraduate and graduate courses in financial accounting,...
Let me blog your ear off
July 10, 2012Liz Beaulieu, Editor
My colleagues know that if I'm in the kitchen popping popcorn in the middle of the afternoon, I'm stuck on something (other than what to make for dinner—what do you think for tonight, black bean burgers?).
This afternoon, it's this blog.
I like to write two blogs a week, usually on Tuesday and Thursday, and today's Tuesday.
Usually, I'm not at a loss for what to blog about, but with the beautiful weather in Maine this week (think 80 degrees, full sun, occasional...
With your help, we're going to have data coming out of our ears
May 13, 2011Liz Beaulieu, Editor
In addition to getting the June issue out the door, I've been spending this week working with Rick Glass and Tim Pontius to update our HME Financial Benchmark Survey.
If you're an HME provider (hey, you never know who reads blogs), you need to take this survey.
I'm going to be honest: We've noticed that the number of HME providers that take the survey has been dwindling. A few years ago, we had more than 500 respondents. Last year, we had about 200.
This year is our fifth year doing the survey, which...
Live blogging from HME Business Summit: How do you measure up?
September 13, 2010Liz Beaulieu, Editor
Publisher Rick Rector just gave a shout out to this year's sponsors: Invacare, Philips Respironics, Dream Software, First Quality, Fastrack, QS/1, Brightree, Permobil, CPR+ and Medtrade.
First presentation: "How do you measure up? The 4th Annual HME News/SRA Financial Benchmark Study"
192 respondents took the survey, 69% were DME providers.
Rick Glass of Steven Richards & Associates on the majority of providers, 56%, having only one location: "They're having to service them from...