Tag: PromptCare
In brief: Oxygen adjustment, in-person visits, PromptCare sale, Glooko’s raise
March 19, 2021HME News Staff
WASHINGTON – CMS has published an adjusted fee schedule for oxygen therapy for April 2021 that no longer includes a percentage reduction to meet the budget neutrality requirement.
The adjustments result in an increase in fee schedule amounts ranging from $6.72 to $8.19 in former competitive bidding areas; $5.17 to $5.43 in other non-rural areas; and $4.14 to $6.82 in non-contiguous and rural areas, according to the VGM Group.
The fee schedule amounts are not retroactive...
PE firm puts PromptCare up for sale
March 16, 2021HME News Staff
NEW PROVIDENCE, R.I. – The Halifax Group, which invested in PromptCare Companies in 2017, is now looking to sell the company, according to PE Hub.
The process is in its second rounds, with first-round bids already submitted, according to the publication.
Because PromptCare has two distinct businesses – home infusion therapy and complex respiratory therapy – there may be two separate transactions, according to PE Hub.
PromptCare has nearly tripled...
PromptCare boosts home infusion biz
January 28, 2020HME News Staff
NEW PROVIDENCE, N.J. - The PromptCare Companies has acquired Hoffman Estates, Ill.-based Premier Specialty Infusion, further expanding its footprint in the Midwest.
PromptCare, a regional provider of complex respiratory and specialty home infusion services, has acquired Premier Specialty Infusion from the family of its CEO, Ashar Hasan.
“Ashar has built an impressive team at Premier and we are delighted to welcome them into the PromptCare family,” said Tom Voorhees, CEO of PromptCare....
In brief: PromptCare acquires Hollywood Medical, United Spinal bolsters board
November 27, 2019HME News Staff
NEW PROVIDENCE, N.J. - PromptCare has expanded into Florida, acquiring Hollywood Medical Supply.Founded in 1965 in Hollywood, Fla., Hollywood Medical Supply currently provides hi-tech pediatric respiratory services and supplies, and enteral feeding to more than 1,200 patients. “We are excited to enter the state of Florida through this strategic combination with Hollywood Medical Supply,” said PromptCare CEO Tom Voorhees. “Bob (Lichtenstein, owner and CEO) has built a company...
PromptCare acquires Hollywood Medical
November 26, 2019HME News Staff
NEW PROVIDENCE, N.J. - PromptCare has expanded into Florida, acquiring Hollywood Medical Supply.Founded in 1965 in Hollywood, Fla., Hollywood Medical Supply currently provides hi-tech pediatric respiratory services and supplies, and enteral feeding to more than 1,200 patients. “We are excited to enter the state of Florida through this strategic combination with Hollywood Medical Supply,” said PromptCare CEO Tom Voorhees. “Bob (Lichtenstein, owner and CEO) has built a company...
In brief: AAH tallies impact of Cures provision, MACs drop revised CMN requirement
May 4, 2018HME News Staff
WASHINGTON - The Medicaid programs of 11 states have indicated that they will be changing their fee schedules to match Medicare's, AAHomecare reports.
Twelve states say they will not be changing their fee schedules at this time, and 10 states say they are still analyzing data with AAHomecare and/or CMS.
“It's gratifying to work alongside so many dedicated individuals across the country to encourage state Medicaid officials to take a careful look at their options for complying...
PromptCare expands south
May 3, 2018HME News Staff
CLARK, N.J. - PromptCare, a regional provider of respiratory and infusion services, has acquired Hometown Oxygen, it announced today. The Charlotte, N.C.-based Hometown Oxygen specializes primarily in pediatric vent patients, serving nearly 1,100 from eight locations throughout the Carolinas. “Bringing the Hometown team on board will allow us to expand our footprint to the Southeast, an integral part of our strategy,” said PromptCare CEO Tom Voorhees. “(CEO) Scott Dinning and the...
PromptCare buys Boston Home Infusion
March 4, 2016HME News Staff
CLARK, N.J. - PromptCare has bought Stoughton, Mass.-based Boston Home Infusion. The deal will help PromptCare, whose presence spans from the mid-Atlantic to the Northeastern U.S., expand respiratory services to the greater Boston area. “This acquisition offers us an ideal platform for launching our disease focused infusion programs as a complement to their current range of therapy offerings,” CEO and President Tom Voorhes said in a prepared statement. “It is also a natural extension...