ST. PAUL, Minn. – HME provider Handi Medical Supply in February gave healthcare professionals a chance to speak out against the effects of competitive bidding on Medicare beneficiaries.
Over the years, Norman Frohreich has turned around 16 companies in various industries. The solutions, such as increasing efficiencies, have been similar, he says.
Since founding Medi-Healthcare in 1985, CEO Robert Slama has seen providers come and go, but recently, he says there’s a lot more going than coming.
Editor’s note: This is the first of two stories examining the impact of competitive bidding in Round 2 areas. Next week: “Closings abound.”
WASHINGTON – The recent data breach at Anthem should have HME providers assessing the security of their own data, especially patient health records, industry stakeholders say.
SHELBYVILLE, Ala. – There’s a new buyer on the horizon with ambitious plans to roll up DME companies, but it has a very tight focus.
SCOTTSDALE, Ariz. – Louis Orloff, a business broker with more than 30 years of experience in the mail-order sporting goods and Internet marketing business, was primed for retirement—until ActiveForever came calling.
BEVERLY HILLS, Mich. – To most new HME business owners, navigating the industry can be a daunting task, but Alison Emerick, owner of Ease Living, isn’t exactly new.
CLEARWATER, Fla. – Lincare keeps things close to the vest, but the provider is rumored to be on the acquisition trail.
YARMOUTH, Maine – When provider Calvin Fuller heard that TIME.com recently named medical equipment repairer as one of “the 5 best jobs you’ve never heard of,” he wasn’t surprised.
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It's not all bad: Consolidation creates a stronger, better HME industry
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