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In brief: Elevance Health, Float get new backing & NCPA calls out Express Scripts 

April 16, 2024HME News Staff

INDIANAPOLIS – Health insurer Elevance Health and private equity firm Clayton, Dubilier & Rice have formed a strategic partnership to bring together certain care delivery and enablement assets of Elevance Health’s business unit Carelon Health and CD&R’s portfolio companies aspree health and Millenium Physician Group.  The companies say the strategic partnership’s advanced primary care models take a whole health approach to address the physical, social and behavioral...

Elevance Health, National Community Pharmacists Association (NCPA)


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Elevance Health partners with PE firm for ‘whole health’ approach 

April 15, 2024HME News Staff

INDIANAPOLIS – Health insurer Elevance Health and private equity firm Clayton, Dubilier & Rice have formed a strategic partnership to bring together certain care delivery and enablement assets of Elevance Health’s business unit Carelon Health and CD&R’s portfolio companies aspree health and Millenium Physician Group.  The companies say the strategic partnership’s advanced primary care models take a whole health approach to address the physical, social and behavioral...

Clayton, Dubilier & Rice (CD&R), Elevance Health, Private Equity


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Arienne Martinez

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Heartland meets attendees where they’re at

April 12, 2024Tracy Orzel

WATERLOO, Iowa – In a strategic shift, the VGM Heartland Conference will open with a greeting from several company leaders, including CEO Jeremy Stolz, to discuss initiatives geared toward helping their members grow.  Among those initiatives, AI has emerged as a critically relevant topic, and attendees can expect several sessions dedicated to exploring its impact and applications.  “We're in the technology revolution right now and it's not going away,” said...

Heartland Conference, Home Medical Equipment (HME)


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In brief: CMS’s proposed rule, Rehab Medical’s latest expansion, NCPA’s CORE program

April 12, 2024HME News Staff

WASHINGTON – CMS has issued a proposed rule to improve the health of Medicare beneficiaries by addressing social determinants of health, strengthening emergency preparedness, and improving maternal health.   The fiscal year (FY) 2025 Inpatient Prospective Payment System (IPPS) and Long-Term Care Hospital Prospective Payment System (LTCH PPS) rule builds on the Biden-Harris Administration’s work to support historically underserved and under-resourced communities and promote...

Computers Unlimited, Cork Medical, National Community Pharmacists Association (NCPA), Rehab Medical


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CMS proposes policies to support underserved communities

April 11, 2024HME News Staff

WASHINGTON – CMS has issued a proposed rule to improve the health of Medicare beneficiaries by addressing social determinants of health, strengthening emergency preparedness, and improving maternal health.   The fiscal year (FY) 2025 Inpatient Prospective Payment System (IPPS) and Long-Term Care Hospital Prospective Payment System (LTCH PPS) rule builds on the Biden-Harris Administration’s work to support historically underserved and under-resourced communities and promote...

Medicare


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In brief: CMS presses MA plans, Tomorrow Health builds growth team 

April 10, 2024HME News Staff

WASHINGTON – CMS has finalized policies that it says will continue to strengthen protections and guardrails to ensure Medicare Advantage and Medicare Part D prescription drug plans best meet the needs of enrollees.  The Contract Year 2025 Medicare Advantage and Part D final rule will:  Establish a set amount a plan can compensate an agent or broker to protect Medicare Advantage and Part D plan enrollees and prospective enrollees from anti-competitive steering.  Require...

Medicare Advantage, Tomorrow Health


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CMS continues to press MA plans 

April 9, 2024HME News Staff

WASHINGTON – CMS has finalized policies that it says will continue to strengthen protections and guardrails to ensure Medicare Advantage and Medicare Part D prescription drug plans best meet the needs of enrollees.  The Contract Year 2025 Medicare Advantage and Part D final rule will:  Establish a set amount a plan can compensate an agent or broker to protect Medicare Advantage and Part D plan enrollees and prospective enrollees from anti-competitive steering.  Require...

Medicare Advantage


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In brief: Mobility City expands, NCART taps Steelman, McKesson launches initiative 

April 5, 2024HME News Staff

BOCA RATON, Fla. – Mobility City Holdings announces the grand opening of Mobility City of San Diego, serving San Diego, Carlsbad, Encinitas, Del Mar, La Jolla, Coronado, Rancho Santa Fe and Carmel Valley, Calif. This location, owned and operated by Peter Yi, an Army veteran with 28 years of health care industry experience, marks a significant milestone for the company to achieve its goal of providing top-notch products to the 68 million Americans with disabilities. "I am thrilled to open...

McKesson, Mobility City, NCART


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In brief: Viemed deal, oxygen reform, sleep study 

April 3, 2024HME News Staff

LAFAYETTE, La. – Viemed Healthcare has finalized its strategic partnership with East Alabama Health, providing the company with a controlling interest in East Alabama HomeMed.  East Alabama HomeMed provides HME services to patients within the EAH network, which encompasses East Alabama Medical Center in Opelika, Ala., and EAMC-Lanier Hospital in Valley, Ala., with a combined medical staff of 380 physicians, as well as those in the surrounding areas of Eastern Alabama.  "We...

Mergers & Acquisitions (M&A), Oxygen reform, Sleep Disorders, Viemed


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Dan Starck

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Oxygen bill introduced in House 

April 1, 2024HME News Staff

WASHINGTON – A bill to reform the home oxygen therapy benefit has now also been introduced in the U.S. House of Representatives.  The Supplemental Oxygen Access Reform (SOAR) Act, H.R. 7829, introduced by Reps. David Valadao, R-Calif.; Julia Brownley, D-Calif.; Larry Bucshon, R-Ind., and Adrian Smith, R-Neb., would:  Remove supplemental oxygen from Medicare’s competitive bidding program  Permanently extend Medicare’s blended reimbursement rates  Establish...

Home Oxygen Therapy, supplemental oxygen, Supplemental Oxygen Access Reform Act (SOAR)


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