Tag: AdaptHealth
In brief: AdaptHealth board, Heartland speakers, orthotics allowables
October 23, 2024HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth has appointed Diana Nole, who has 18 years of senior leadership experience in the health care AI and IT industries, to its board of directors. She most recently served as the executive vice president and general manager of the health care division of Nuance Communications, a Microsoft Cloud and AI company that provides AI driven clinical documentation creation, clinical revenue cycle integrity and diagnostic radiology cloud solutions to the global health...
AdaptHealth adds tech expert to board
October 21, 2024HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth has appointed Diana Nole, who has 18 years of senior leadership experience in the health care AI and IT industries, to its board of directors. She most recently served as the executive vice president and general manager of the health care division of Nuance Communications, a Microsoft Cloud and AI company that provides AI driven clinical documentation creation, clinical revenue cycle integrity and diagnostic radiology cloud solutions to the global health...
Providers on Helene’s front lines: ‘We are stretched thin but able to help’
October 4, 2024Theresa Flaherty, Managing Editor
A week after Hurricane Helene brought flooding and devastation across the Southeast, "it's like an atomic bomb went off," and HME providers, like impacted residents, are still assessing the damage and trying to recover, all the while taking care of patients.
The Category 4 storm, one of the worst in U.S. history, made landfall in Florida’s Big Bend region Sept. 26, before sweeping wind and record-breaking rainfall across a large area that included parts of...
In brief: Wheelchair bill, RPM monitoring, catheter billing
September 27, 2024HME News Staff
WASHINGTON – Sens. Marsha Blackburn, R-Tenn., and Tammy Duckworth, D-Ill., have introduced legislation that would improve access to titanium and carbon fiber manual wheelchairs for Medicare beneficiaries.
S. 5154, which would create two new HCPCS codes for complex rehab technology manual wheelchairs and would allow for upgrades, is a companion bill to H.R. 5371.
“The Senate bill drops at an opportune time for mobility stakeholders and disability advocates to ask their...
Former AdaptHealth exec takes reins at Advantage Healthcare
September 26, 2024HME News Staff
CHERRY HILL, N.J. – Advantage Healthcare, a patient-centered health care provider that manages and operates comprehensive outpatient rehabilitation facilities and sleep centers, has named Dinak (Dino) Nair as its CEO, succeeding Ryan Tong. Nair brings more than 20 years of business experience, with more than a decade as a mission-driven leader growing businesses in the health care market, especially in home care, home medical equipment, diagnostic laboratory, and health system partnerships....
In brief: CGM outcomes, Vent360+ launch, O&P WOY, AdaptHealth refi
September 18, 2024HME News Staff
DALLAS – Patients living with diabetes who use continuous glucose monitoring devices had 35% lower total cost of care and 23% higher device adherence when therapy was provided through a medical vs. pharmacy benefit, according to peer-reviewed research conducted by CCS and published in the Journal of Medical Internet Research Diabetes (JMID).
Non-adherent patients who use CGMs also had a higher rate of therapy reinitiation when therapy was provided through a medical (22%) vs. pharmacy...
AdaptHealth refinances, reduces debt
September 16, 2024HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth has closed a $950 million senior secured credit facility, consisting of a fully funded $650 million Term Loan A and a $300 million revolving line of credit. Proceeds from the new $650 million Term Loan were used to fully repay, without penalty, the company’s existing Term Loan due to reach final maturity in January 2026. The new $300 million revolver replaces the company’s existing $450 million revolving credit facility, which had no balance drawn...
In brief: Numotion resolves allegations, AdaptHealth taps new exec, FDA strengthens oversight
August 28, 2024HME News Staff
PHOENIX, Ariz. – United Seating and Mobility, d/b/a Numotion, has agreed to pay $13.5 million to resolve allegations that the company violated the federal False Claims Act.
The settlement resolves allegations by the United States that Numotion submitted false claims to Medicare and other federal health care programs for custom wheelchairs and wheelchair parts. According to the allegations, the claims were false because they were based on patient evaluations that were unlawfully...
AdaptHealth taps new COO
August 27, 2024HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth has named Scott Barnhart as COO, effective September 23, 2024.
Barnhart replaces current COO Shaw Rietkerk, who will transition to the role of chief business officer by the end of September, according to a recent 8-k filing. It’s the latest in a series of internal restructuring moves. In July, Josh Parnes announced he would step down as president of Aug. 31 and from the board of directors Dec. 31. In May, Suzanne Foster took the reins...
AdaptHealth looks to simplify
August 9, 2024Theresa Flaherty, Managing Editor
PLYMOUTH MEETING, Pa. – Complex rehab is out, sleep was up, and diabetes was down in AdaptHealth's second quarter, company execs said during a recent call.
The company recently signed a definitive agreement to sell certain custom rehab technology assets to National Seating & Mobility as part of a larger move to re-evaluate products that don’t fit its strategic roadmap.
“For AdaptHealth, these products represented a small amount of revenue from individual acquisitions...