Subscribe to RSS - round 2

round 2

M&A: Contracts not 'golden ticket'


YARMOUTH, Maine – Some HME providers who want to offload their businesses now that they’ve accepted contracts for Round 2 of competitive bidding may find it a tough sell, say M&A analysts.

Heartland I.V. Care: We accepted 41 bid contracts


TOLEDO, Ohio – Heartland I.V. Care has accepted 41 Medicare contracts as part of Round 2 of competitive bidding, according to a press release. Through the contracts, Heartland I.V.

VGM selects finalists for hashtag competition


WATERLOO, Iowa – VGM has narrowed down its hashtag contest to 20 finalists, according to a VGM bulletin. Providers can vote for their favorite Twitter hashtag, submitted by fellow providers.

Industry turns up heat on bid program


WASHINGTON – It was standing room only at a pair of Feb. 6 briefings for congressional staff on the competitive bidding program, but CMS officials offered little in the way of substance, according to industry stakeholders.

ResMed CEO sells 400,000 shares


SAN DIEGO – ResMed CEO and Executive Chairman Peter Farrell sold 400,000 shares at an average price of $46.98 on Jan. 30, according to an article from

A small pool and a mysterious panel

Friday, February 1, 2013

Let me be honest.

The first thought that ran through my head when I learned that the payment amounts for Round 2 were, on average, 45% below the current fee schedule, was, “Providers really shot themselves in the foot this time.”

CMS 'pleased' and 'on track' with Round 2


BALTIMORE – CMS officials are touting the competitive bidding program as a success, thanks to sharply reduced Round 2 payment amounts that have sent shockwaves through the HME industry.

CMS announces payment amounts for Round 2


BALTIMORE – CMS announced today that reimbursement rates for certain home medical equipment will be, on average, 45% lower than the current fee schedule as part of Round 2 of competitive bidding.

Price breathes new life into MPP


WASHINGTON – Rep. Tom Price, R-Ga., has agreed to introduce a modified bill to replace competitive bidding with a market-pricing program (MPP), according to AAHomecare.

Package pushes diabetes payments off a cliff

'I don’t know that Congress knows what they did'

WASHINGTON – Medicare payments for all diabetes testing supplies stand to be drastically reduced this summer.