Archive: July 2024
VGM provides insights into patient-centered care
July 31, 2024HME News Staff
WATERLOO, Iowa – VGM & Associates has released the third playbook of the year, “Boosting Results in Patient-Centered Homecare.” The playbook contains insights and approaches from industry leaders regarding patient-centered care and proven methods to boost patient satisfaction and results. "As we continue to navigate the pivotal topics that are shaping the future of the post-acute homecare industry, this publication offers VGM members perspectives on how best to implement patient-centered...
Shields Health Solutions expands access to treatment through partnership
July 31, 2024HME News Staff
DES MOINES, Iowa – Shields Health Solutions, a specialty pharmacy accelerator, has expanded its partnership with UnityPoint at Home, a subsidiary of Iowa-based UnityPoint Health, to extend a specialty pharmacy program that provides patients with complex, chronic conditions access to specialized pharmacy services designed to lower costs, broaden treatment options, improve medication management and overall health. “UnityPoint at Home has been a highly valued partner for years, and we...
Option Care Q2: Revenue up double digits, company 'committed to delivering'
July 31, 2024HME News Staff
BANNOCKBURN, Ill. – Option Care Health reported revenue of $1.2 billion for the second quarter 2024, an increase of 14.8% over the same period in 2023.
Gross profit was $249.4 million, or 20.3% of net revenue, down 0.6% compared to $250.8 million, or 23.5% of net revenue, in the second quarter of 2023. Adjusted EBITDA was $108.4 million, down 1.5% compared to $110.1 million in the second quarter of 2023.
“The Option Care Health team continued to demonstrate its resilience...
Philips CEO: ‘We still are relevant’
July 30, 2024Liz Beaulieu, Editor
AMSTERDAM – The “pruning” that Philips has been doing in its Connected Care business, which includes Sleep & Respiratory Care, is “working,” says CEO Roy Jakobs.
In January, Philips released a list of 19 sleep and respiratory products that the company said it would stop selling in the United States, as early as that month. Among them: the EverFlo home oxygen system and the Trilogy EVO and EV300 home ventilators.
“We see the growth...
In brief: SC sees sales tax snafu, Aeroflow adds diabetes experts & more
July 30, 2024HME News Staff
COLUMBIA, S.C. – The South Carolina Supreme Court has ruled the sales and use tax exemption for DME is unconstitutional. In Orthofix vs. S.C. Department of Revenue and KCI USA vs. S.C. Department of Revenue, the court found that certain language within the exemption discriminates against interstate commerce, which is prohibited under the dormant Commerce Clause. The state’s Department of Revenue has posted SC Information Letter #24-10 notifying DME providers that they are required to...
Project Sleep launches YouTube series
July 30, 2024HME News Staff
LOS ANGELES – Project Sleep, a nonprofit dedicated to raising awareness of sleep health, equity and disorders, has launched a new education series on its YouTube channel called Sleep Apnea Squad. Hosted by Emma Cooksey, renowned sleep apnea patient advocate and Project Sleep's sleep apnea program manager, the new series will explore various aspects of living with sleep apnea and provide much-needed resources to help patients and families navigate the journey from diagnosis to treatment...
RESNA partners with RehabWeek
July 30, 2024HME News Staff
ARLINGTON, Va. – RESNA will hold its annual conference in conjunction with RehabWeek 2025 in Chicago May 12-16. “Join your colleagues at the Sheraton Riverwalk in beautiful downtown Chicago for everything you love about RESNA: educational sessions about the latest in assistive technology, Developer's Showcase, Student Competitions, Scientific Paper Platforms and Posters, and more,” the organization stated. The RESNA Conference will take place May 13-15, but the organization’s...
RESNA announces new officers, board members
July 30, 2024HME News Staff
ARLINGTON, Va. – RESNA has named Jim Lenker, PhD, OTR/L, RESNA Fellow, as its president effective Aug 1. Lenker, who is an associate professor within the Department of Rehabilitation Science at the University of Buffalo in Buffalo, N.Y., will serve a two-year term then become immediate past-president. Other new officers are Rita Stanley, RESNA Fellow, currently a private consultant and formerly vice president of government relations for Sunrise Medical, as president-elect; Alisa Brownlee, ATP,...
RESNA seeks mentors
July 30, 2024HME News Staff
ARLINGTON, Va. – RESNA seeks mentors for the ATP Guidance Program, a new initiative in partnership with the Assistive Mobility Repair Group (AMRG) and U.S. Rehab. “There is a growing demand in the world for certified ATPs, so RESNA, AMRG and U.S. Rehab have partnered to create the ATP Guidance Program (AGP),” RESNA stated. “This new program will provide the transformational skills and mentorship that rehab technicians need to reach the next level of patient and client care.”...
Aeroflow adds diabetes experts to team
July 29, 2024HME News Staff
ASHEVILLE, N.C. – Aeroflow Diabetes has welcomed Dr. Libu Varughese, MD, Dr. Akhil Shenoy, MD, and Sophie Lauver, MS, RD, NBC-HWC, to its team of medical advisors. "The Aeroflow Diabetes team is proud to share expert knowledge with our peers and patients, promoting and educating each other as one wholistic community," says Carson Moore, Director of Aeroflow Diabetes. "Having Dr. Varughese, Dr. Shenoy, and Sophie Lauver onboarded to our rolodex of medical advisors allows us to...