Tag: Benefits 365
Analysis: Medicare Advantage enrollment soars
June 12, 2013HME News Staff
WASHINGTON - An analysis by the Kaiser Family Foundation found that Medicare Advantage enrollment increased nearly 10% in 2012, and by 30% since 2010, putting enrollment at a record high. The program grew from 5.3 million people in 2004 to a record 14.4 million in 2013, according to the analysis. From 2012 to 2013, Medicare Advantage enrolled an additional 1 million people. The HME industry is taking notice, with companies like Benefits 365 partnering with providers to help them crack the Medicare...
Lesser of two evils
May 17, 2013Liz Beaulieu, Editor
YARMOUTH, Maine - Some Medicare Advantage (MA) plans are starting to look more and more like traditional Medicare, industry sources say.In the wake of CMS's announcement of the Round 2 payment amounts, a Blue Cross Blue Shield MA plan in one state, for example, has shaved 10% off its reimbursement for HME. Another plan going in that direction: Windsor, says Tyler Poole.“We anticipated this,” said Poole, vice president of operations for Benefits365, a company that helps providers shift...
Get 'rock solid' with Medicare Advantage
April 5, 2013Liz Beaulieu, Editor
YOUNGSTOWN, Ohio - A self-proclaimed “lifer” in the HME industry has started a company to steer providers away from Medicare fee-for-service. And no, it has nothing to do with retail.Tom Ivany launched Benefits365 to help providers crack the Medicare Advantage market.“There's a lot of talk about the retail model, but I'm still not convinced that it's the best idea,” said Ivany, who also owns Youngstown, Ohio-based On-Demand Respiratory. “That's why we started this company....