Tag: ARPA payments

ELYRIA, Ohio - Invacare Holdings reported its predecessor, Invacare Corp., had net sales of $165.5 million for the first quarter 2023, a decrease of 17.7% compared to the same period last year.  During the first quarter, Invacare announced that its U.S. entities, including Freedom Designs and Adaptive Switch Laboratories, had filed for Chapter 11 bankruptcy. They emerged from bankruptcy on May 5.  “Year-to-date, we've made tremendous strides in all aspects of the company’s...

COLUMBUS, Ohio – The Ohio Department of Medicaid (ODM) announced recently that it received CMS approval to release the second half of the managed care portion of American Rescue Plan Act (ARPA) relief payments to health care providers, including DMEPOS suppliers. The relief is based on Medicaid managed care claims paid from July 1, 2020, through June 30, 2021. ODM said in its announcement that it’s “highly likely that providers will receive multiple checks from multiple plans,”...