Tag: wound care supplies
Wound Care: Follow the LCD
June 7, 2022Jodi RohlwingHettich
Q. What are the basics of wound care billing?
A. The 2021 CERT (Comprehensive Error Rate Testing) documented surgical dressings have an 81% denial rate due to insufficient documentation. Following the LCD requirements can increase your chance of getting through a surgical dressing audit.
Some of the most common errors that can be avoided include:
Documentation on the type of debridement
Wounds that qualify for a surgical dressing must have documentation of debridement,...
Essity expands wound care portfolio
December 29, 2021HME News Staff
STOCKHOLM – Essity has acquired Hydrofera, a manufacturer and developer of advanced wound care technology and products for approximately $116 million USD. The acquisition supports Essity's strategic priority to grow through acquisitions in Medical Solutions. "The acquisition of Hydrofera is yet another great strategic fit for Essity further strengthening our innovation capacity and expanding our offering within advanced wound care,” said Ulrika Kolsrud, president, health and medical...
Henry Schein enters supplies market with strategic acquisition of Prism Medical
January 7, 2021HME News Staff
MELVILLE, N.Y. – Henry Schein Inc., a provider of health care solutions to medical and dental offices, has acquired a majority ownership position in Prism Medical Products, a national provider of home medical supplies with a focus in advanced wound care.
Founded in 2006, the Elkin, N.C.-based Prism Medical has more than 200 employees and 10 fulfillment centers. For the 12 months ended Sept. 30, 2020, it reported revenues of approximately $52 million.
“Expanding...
Sage Medical finds way to grow supplies biz
September 27, 2019Theresa Flaherty, Managing Editor
DOWNINGTON, Pa. - Sage Medical Supply has secured contracts with approximately 80% of Pennsylvania's insurers, including commercial payers and Medicaid managed care plans, in the two years since its launch, says Robert Robinson, operations manager.That's not a bad day's work for a 27-year-old, who attributes his success in the supplies market to innovative thinking.“I've been able to identify trends and different focus points in the market due to competitive bidding,” he said. “Disposables...
VGM expands, rebrands wound care division
December 6, 2018HME News Staff
WATERLOO, Iowa - VGM has rebranded its wound care program as VGM Wound Care. It has also expanded its tools and resources for providers currently offering wound care products or looking to get into the market. The program covers dressings, support surfaces, negative pressure wound therapy, ostomy, compression and nutrition; support materials include billing, incremental growth products, policies and educational materials. “Skin care and wound care affects each and every one of the patients...
Market wide open for incontinence, wound care
November 21, 2017John Andrews
While they have separate identities, incontinence and wound care have evolved to become an integrated part of one large contiguous category in the HME spectrum. Furnishing a complement of diverse products, such as adult briefs, urologicals, wound dressings, skin creams and emollients, along with pressure support surfaces, establishes a provider as a complete resource for patients at risk for serious skin problems.Together, these products address the prevention and treatment of skin shear and breakdown...
ASP Global expands into home medical supplies
July 7, 2017Theresa Flaherty, Managing Editor
ATLANTA - With its acquisition of Professional Healing Solutions, a DME provider, ASP Global says it has closed the loop from hospital to home.“We wanted to be able to supply the entire continuum of care from the hospital all the way through to the patients at their homes,” said Lorne Tritt, CEO of ASP Global, a wholesaler of hospital medical supplies. “A lot of care is shifting outside the hospital and patients are going to be looking more and more to be taken care of in their...