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Archive: 2021


Also Noted

Oventus up over last year

August 2, 2021HME News Staff

BRISBANE, Australia – Oventus reported revenue of $223,000 for its fiscal fourth quarter of 2021, an increase of 214% over the same quarter in 2020, but a 30% decrease from the third quarter, which the company attributed to sporadic lockdowns in key markets. Telehealth bookings continue to grow with 507 consultations scheduled in Q4 FY21, up 635% vs. Q4 FY20, and up 25% vs Q3 FY21. Also during the quarter, Oventus completed a restructure to align with current market conditions and reduce overhead...

Oventus Medical


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Also Noted

Register now for CRT Virtual Fly-In

August 2, 2021HME News Staff

EAST AMHERST, N.Y. – Registration is open for the 2021 CRT Virtual Congressional Fly-In, which takes place Sept. 21 from 9 a.m. to 5 p.m. ET. Once registered, Congressional appointments will be scheduled for attendees who will also be partnered with other attendees from their state. NCART and NRRTS, who are hosting the event jointly, will offer webinars in advance to prep attendees with talking points and helpful tips, and offer an opportunity to practice with state teams. All meetings will...

2021 CRT Virtual COngressional FLy-In, NCART, NRRTS


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Specialty Providers

O&P legislation reintroduced in Senate

August 2, 2021HME News Staff

WASHINGTON – Sen. Mark Warner, D-Va., on July 29, reintroduced the Medicare Orthotics and Prosthetics Patient-Centered Care Act to improve access to care and combat fraud and abuse.  Companion legislation was reintroduced on March 18 in the House of Representatives. “The American Orthotic and Prosthetic Association, who’s over 2,000 members represent both the facilities that treat patients and the manufacturers of orthotic and prosthetic devices, has been advocating for years...

AOPA, Medicare Orthotics and Prosthetics Patient-Centered Care Act


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Vendors

Philips: ‘We will regain our market position’

July 30, 2021Liz Beaulieu, Editor

AMSTERDAM – Philips hosted a one-and-a-half-hour conference call on July 26 to discuss its recent financial results and all but a few questions concerned the company’s voluntary recall of certain CPAP devices and ventilators. Here are comments from CEO Frans van Houten on everything from the company’s ability to rebound to its response to civil lawsuits.  No monopolies  On the feedback Philips has received from providers and physicians on the recall: “What...

CPAP, Frans van Houten, Philips Recall


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Providers

Proposed oxygen changes: Overall, they're positive, providers say

July 30, 2021Theresa Flaherty, Managing Editor

YARMOUTH, Maine – Providers support proposed changes to the oxygen benefit that they say will ease paperwork burdens and expand access to therapy, but they’d like to see more details.  CMS in July issued a proposed national coverage determination for home oxygen therapy that, among other things, removes the CMN requirement and expands access for acute conditions.  “This would open it up for physicians being physicians and prescribing what they see as...

Home Oxygen Equipment, oxygen NCD


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News

MassHealth gives DME boost

July 30, 2021Liz Beaulieu, Editor

BOSTON – Industry stakeholders who are lobbying state Medicaid officials to earmark dollars from the American Rescue Plan Act for DME got their first win in Massachusetts in July, setting a precedent for other states.  MassHealth, the state’s Medicaid program, has increased reimbursement 10% for DME claims from July 1 until the end of the year. It has also increased reimbursement...

American rescue Plan act, HOMES, MassHealth


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News

In brief: CMS exempts accessories, Advanced Diabetes buys US MED, FDA classifies Philips recall

July 30, 2021HME News Staff

WASHINGTON – CMS in a final rule issued July 29 says it will permanently stop applying competitive bidding pricing to accessories for complex rehab manual wheelchairs.  In late June, CMS agreed to extend an 18-month pause on applying bid pricing to these accessories for an additional 90 days, until Oct. 1., to give the agency more time to review the industry’s request.  “We are sincerely grateful to CMS for making today’s policy decision and protecting...

Advanced Diabetes Supply, competitive bidding, CRT Accessories, golden technologies, National Seating & Mobility, Option Care Health, Supreme Medical


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Mobility

DMERT Group is back on track

July 30, 2021Liz Beaulieu, Editor

BROOKLYN PARK, Minn. – DMERT Group has plans to run 150 repair technicians through its Level 1 or Level 2 certifications this year, up from 80 last year, says Matt Macpherson.  The COVID-19 pandemic limited the number of certifications that DMERT Group could award last year because of the live competency exams required, says Macpherson, chairman of the board of the DMERT Group.  “We’re back where we want to be,” he said.  Level 1 certification covers...

DMERT Group, Matt Macpherson, mobility repairs


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SuperCare coordinates donations to India

Providers

SuperCare coordinates donations to India

July 30, 2021Theresa Flaherty, Managing Editor

DOWNEY, Calif. – SuperCare Health recently coordinated the shipment of more than 300 oxygen concentrators to India, where the health care system is buckling under the impact of the COVID-19 pandemic.  “With California being the melting pot it is, a lot of doctors here have roots in India,” said Paula Dahl, executive vice president of strategy and business development. “A couple reached out to ask if they could purchase oxygen concentrators from us.”  SuperCare...

COVID-19, India, Oxygen Concentrator, SuperCare Health


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Supplies companies ‘drive buzz’ in M&A

July 30, 2021Theresa Flaherty, Managing Editor

YARMOUTH, Maine – Demand for providers with a focus on supplies is strong, particularly when it comes to manufacturers looking for a platform in the urologicals space, say analysts.  “Over the last several years, I must have talked to between five and 10 manufacturers of urologicals that are starting to or looking to expand into actual patient distribution,” said Rick Glass, president of Steven Richards & Associates. “They’re looking for a platform or to add...

Lisa Wells, M&A, Rick Glass, urological supplies


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