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News

CMS suggests rewrites for bid program

July 1, 2016Theresa Flaherty, Managing Editor

WASHINGTON - A recently published proposed rule contains several tweaks to the competitive bidding program, a positive development for the HME industry, stakeholders say.Among the changes: CMS wants to move the bid ceiling to the 2015 fee schedule amounts.“CMS has realized that, where they are right now, the bidding program is not all its cracked up to be,” said Cara Bachenheimer, senior vice president of government relations for Invacare. “There's access and all these other issues,...

bond, ceiling, competitive bidding


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Providers

Linde launches bond

September 13, 2012HME News Staff

MUNICH, Germany - Linde AG has successfully placed a bond for 1 billion euros to help finance its acquisition of Lincare, the company announced Sept. 5.The bond, which drew “huge demand” according to a press release, has a maturity of eight years and an interest rate of 1.75%."It is crucial to be able to act swiftly in a volatile market climate," stated Georg Denoke, a member of the executive board and CFO of Linde AG, in the release. "We were keen to quickly replace a substantial part...

bond, hme, lincare, linde


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