Tag: trends

WATERLOO, Iowa – VGM & Associates has released its first playbook of the year, “VGM Playbook: Forecasting 2021.” The resource outlines issues, trends and opportunities facing the HME industry this year, including mega trends, data and security, remote workforce, compliance and risk, and health care at home. “VGM is here to be the source for industry updates, education and solutions to strengthen our members’ businesses for 2021 and beyond,” said Clint Geffert,...

ALEXANDRIA, Va. - Home and specialty infusion represents a $19 billion industry serving more than 3.2 million patients annually, according to the National Home Infusion Foundation's Infusion Industry Trend 2020 report. The report, available for sale in print format, offers insight into the latest trends in the home and specialty infusion market, and interprets data collected from more than 220 individual provider locations. “This comprehensive report takes a deep-dive into the current state...

WASHINGTON - Overall health spending grew 3.9% in 2017, almost 1% slower than 2016, according to a study conducted by the Office of the Actuary at CMS and published this week by Health Affairs. Medicare spending grew 4.2% in 2017 vs. 4.3% in 2016. Slower growth in fee-for-service Medicare spending (1.4% in 2017 vs. 2.6% in 2016) offset faster growth in Medicare private health plan spending (10% vs. 8.1%). The trends in Medicare FFS and Medicare private health plan spending are attributed, in part,...

BOSTON - HME providers expect their sleep volume growth to increase over the next 12 months, but at a slower rate than previously reported, according to Needham's “HME Sleep and Oxygen Survey” for the fourth quarter of 2017. Providers expect their sleep volume growth to increase 3% in the next 12 months, according to the latest survey, compared to 5.1%, according to a prior survey. Providers also reported that flow generator prices declined 3% in the last 12 months, compared to 1.8% in...

WASHINGTON - Medicare paid 85 times more claims for noninvasive ventilators in 2015 than it did in 2009, says a new report from the Office of Inspector General.For E0464, Medicare paid 215,379 claims in 2015 vs. 2,258 claims in 2009, according to the report.The OIG believes the increase in billing is being driven primarily by three providers who accounted for 54% of the nationwide growth in the number of Medicare beneficiaries with ventilator claims from 2012 to 2015.The OIG didn't name names, but...

Here's a sneak peek at The Braff Group M&A Insider for the April issue: The Braff Group.png Commentary from The Braff Group: This month, we examine how M&A transaction volume in HME compares with other healthcare service sectors. Even with a 45% fall off in HME deal volume in 2013 vs. 2012, the sector still accounted for a sizeable 19% of the 300 deals completed this past year. Leading the way in 2013 was home health, which, despite an increasingly challenging reimbursement climate and...