Archive: August 2022
NSM launches consumer council
August 17, 2022HME News Staff
NASHVILLE, Tenn. – National Seating & Mobility has formed the NSM Consumer Insights Council to provide valuable insight about the trends, priorities and drivers affecting the complex rehab technology client experience. “Client experience is the heart of our business. Delivering a best-in-class client experience is as important as delivering a safe and quality mobility product or solution,” said Bill Mixon, CEO. “The mobility journey is not only unique to each person we serve,...
Supreme Medical to host webinar on tax credit
August 17, 2022HME News Staff
THEODORE, Ala. – Supreme Medical will host a short webinar this Friday, Aug. 19 to discuss the Employee Retention Credit, which has recently been updated by Congress. “With this change we believe all of our customers, manufacturer partners, and industry peers should be taking a look at this credit because it could eliminate your payroll tax and deliver six or even seven figure savings to your business’s bottom line,” says Supreme Medical. The company has partnered with alliantgroup,...
Northshore Care Supply begins clinical trial
August 17, 2022HME News Staff
GREEN OAKS, Ill. – Northshore Care Supply, a provider and manufacturer of incontinence care products, has begun its first clinical trial in senior care facilities to test its premium products and challenge current care protocols that are typically in place, including required resident changes every two hours, even overnight. The constant changing of products can result in residents losing sleep. "Based on thousands of NorthShore's consumer customers with heavy to total incontinence who...
VGM hosts latest installment in leadership series
August 17, 2022HME News Staff
WATERLOO, Iowa – VGM Education will host a virtual women’s breakfast, “Preserving our Teams,” Sept. 14, featuring Amanda Schara, director of Outpatient Behavioral Health at UnityPoint-Allen Hospital in Waterloo and Kendra Richman, senior consultant in talent management and organizational development at UnityPoint. The two-hour session will provide leaders with guidance in navigating an ever-changing environment, says Cindy Diehl Yang, vice president of VGM Education. “As...
CMS opens NCD for seat elevation
August 16, 2022HME News Staff
WASHINGTON – CMS has opened the National Coverage Determination for seat elevation systems used with power wheelchairs, but the agency is not reconsidering coverage for power standing systems at this time.
CMS said in May it would commit to re-opening the NCD, nearly two years after the ITEM Coalition submitted a formal request to reconsider the NCD for mobility assistive equipment to include coverage for these systems.
“Now is the time for Medicare – the...
Witch way to success?
August 16, 2022Theresa Flaherty, Managing Editor
Three hundred and twenty-nine years. That’s how long it took for Elizabeth Johnson Jr.’s name to be cleared after being convicted of witchcraft in Salem, Mass., in 1693.
According to the Boston Globe, state lawmakers agreed to reconsider her case – she was the last accused witch to be cleared – at the behest of an eighth-grade civics class. There followed a bill, an attachment vehicle in the form of a budget bill and, finally, approval.
Sound familiar? That’s...
Indiana pauses prior auths for CPAP, BiPAP
August 16, 2022HME News Staff
INDIANAPOLIS – The Indiana Health Coverage Programs (IHCP) has temporarily paused prior authorizations for continued use of respiratory assist devices, including CPAP and BiPAP, obtained through managed care programs, effective Aug. 1, 2022, to Jan. 31, 2023. The change is in response to continued impacts from a recall on Philips respiratory products. AAHomecare worked with the Great Lakes HME Association’s Medicaid committee and IHCP to make the case for pausing compliance requirements...
NCPA announces keynote speakers
August 16, 2022HME News Staff
ALEXANDRIA, Va. – The National Community Pharmacists Association has announced the keynote speakers for its 2022 Annual Convention, set for Oct. 1-4 in Kansas City, Mo. The theme for this year’s convention is “Team Up! Where Teamwork Makes It All Work.” Mike Abrashoff, former commander of the USS Benfold and author of three books, is scheduled to speak during the First General Session on Sunday, Oct. 2. Abrashoff was the most-junior officer in the Pacific Fleet when he took...
Jakobs to take reins at Philips
August 16, 2022HME News Staff
AMSTERDAM – Roy Jakobs is expected to take the helm at Philips, succeeding Frans van Houten as CEO.
Van Houten is nearing the end of his third term as CEO.
"It has been both a privilege and a pleasure to lead the transformation of Philips, over the past 12 years, into one of the largest health technology companies in the world, bringing innovative solutions to help our customers deliver on the Quadruple Aim of better health outcomes, higher healthcare productivity and much...
Quipt reports ‘robust’ growth
August 16, 2022HME News Staff
CINCINNATI – Quipt Home Medical reported revenues of $36.7 million for the third quarter of 2022, an increase of 40%, year over year.
Revenue for the nine months ended June 30, 2022, increased to $99.8 million, or 36.2% compared to the nine months ended June 30, 2021. Recurring revenue as of Q3 2022 was 77% of total revenue. Adjusted EBITDA was $7.7 million.
“The robust financial and operating results in the fiscal third quarter are reflective of the continued operational...