Tag: Cardinal Health

WASHINGTON – Lawmakers have passed a $1.7 trillion omnibus legislative package that will keep the government funded through September. A draft of the bill included two major HME policy priorities: an extension for the 75/25 blended Medicare rate for non-CBA/non-rural suppliers through the end of 2023; and the prevention of across-the-board 4% Medicare cuts for 2023 and 2024 that would have been triggered by the application of provisions in 2010 “PAYGO” budget legislation.  Provisions...

DUBLIN, Ohio – Cardinal Health and its board of directors have announced that Aaron Alt will become the company’s new CFO, succeeding interim CFO Trish English. Alt will report to CEO Jason Hollar as a member of Cardinal Health’s Executive Committee effective Feb. 10. "We're pleased to welcome Aaron as the new CFO of Cardinal Health," Hollar said. "He's an exceptional talent with a breadth of experience across complex organizations that will position him well for this critical...

DUBLIN, Ohio – Cardinal Health’s new offering Velocare will need “an army of partners,” including HME providers, to effectively execute hospital-at-home services for patients, says Alex Hoopes.  Velocare is a supply chain network and fulfillment solution that the company says is capable of reaching patients in one to two hours with the critical products and services that are required for hospital-level care at home.  “One of the advantages that we have...

WASHINGTON – Stakeholders are urging the HME industry to press lawmakers to include reimbursement relief in any end-of-year legislation.  With the mid-term elections over, Congress is turning its attention to a year-end omnibus bill that will include language to extend the debt ceiling and keep the government funded.  As leadership on key committees of jurisdictions negotiate on what measures to include in the bill, it is critical that the HME industry make its collective voice...

DUBLIN, Ohio – Cardinal Health’s Board of Directors has elected Jason Hollar as the company's next CEO, effective September 1, 2022, succeeding Mike Kaufmann. Hollar has served as Cardinal’s CFO since May 2020. Prior to that, he held executive roles at Tenneco and Sears. “I sincerely appreciate the confidence the board has placed in me to help position the company for future growth,” said Hollar. “This is a transformational period at Cardinal Health and...

KANNAPOLIS, N.C. – Cardinal Health, along with Magellan Rx Management and Novant Health, has launched long-range drone deliveries in North Carolina. Using Zipline, a logistics company, organizations and their customers can receive deliveries in as little as 15 minutes. “At Cardinal Health, we’re committed to working diligently to help ensure our health care provider customers have access to the right medication at the right time for their patients, and an effective distribution...

WATERLOO, Iowa – VGM Group has named Jeremy Stolz, a member of the company’s senior leadership team, as interim president of VGM & Associates.  Stolz, who joined VGM in 2003, has served as president of VGM Fulfillment since 2017.  “Jeremy is a recognized leader in the HME industry,” said VGM CEO Mike Mallaro. “Over his nearly 20-year tenure at VGM, he has been dedicated to developing solutions for our partners, customers, and the patients they serve....

Well, 2022 is certainly starting off with a bang. The first rumblings that big things are going to happen this year was an announcement on Jan. 6 by Stryker that it plans to acquire Vocera Communications. This does not have a direct impact on the HME industry, per se, but it does speak to large players in mostly the acute care space getting more serious about extending their reach beyond hospitals. Stryker said Vocera brings a portfolio of products to address “the increasing need for...

BOWIE, Md. - Inovalon has inked a five-year deal with Cardinal Health to provide its ScriptMed Cloud platform to Cardinal's DME and medical supplies business. The platform's connectivity, supplemental clinical data and process-specific analytics automate and streamline processes. “Cardinal Health is investing in the digital forefront of technologies to deliver high-quality care to our customers,” said Ryan Schorr, general manager of the direct-to-patient business at Cardinal Health. “Implementing...

WASHINGTON - Industry stakeholders are pushing providers to act fast on a bill delaying the inclusion of non-invasive ventilators in competitive bidding for five years.They'd like to get as many co-sponsors for the bill, known as the “Safeguarding Medicare Access to Respiratory Therapy (SMART) Act of 2019,” ahead of the upcoming Thanksgiving recess, and they suggest focusing first on the 180 representatives who signed a letter asking CMS to drop vents from the program.“If you are...