Tag: Acentus

TAMPA, Fla. - With his new company Acentus, provider Todd Cianfrocca is borrowing a page from private equity companies, except without the debt.The HME platform allows select independent HME and medical supply companies to come together under a holding company, leveraging their combined purchase volume to improve gross profit margins and grow revenue rapidly through a larger payer portfolio.“We want to smartly scale out the business without debt and we are hoping to entertain other like-minded...

TAMPA, Fla. - Principles from Tampa, Fla.-based Ally Medical Services and McKinney, Texas-based Preston Mobility Plus, dba Preston Wound Care, have merged. They're now wholly owned subsidiaries of Acentus, also based in Tampa. Ally Medical is one of Florida's larges providers of incontinence and medical nutritional supplies to children with special healthcare needs, and urological catheters to the neurogenic bladder patient population. Preston Wound Care is one of Texas' largest wound care providers...

WASHINGTON - The Medicaid programs of 11 states have indicated that they will be changing their fee schedules to match Medicare's, AAHomecare reports.Twelve states say they will not be changing their fee schedules at this time, and 10 states say they are still analyzing data with AAHomecare and/or CMS.“It's gratifying to work alongside so many dedicated individuals across the country to encourage state Medicaid officials to take a careful look at their options for complying with the Cures Medicaid...