Tag: HME Financial Benchmarking Survey

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...

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 participate...

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...

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,...

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...