Tag: CGMs

CARLSBAD, Calif. – Advanced Diabetes Supply increases its visibility in the eastern U.S. and gains a large platform on which to grow with its recent acquisition of US Medical Supply (US MED).  “Both companies have a good brand, and they really complement each other,” said Tim Cady, president of ADS. “Our immediate plan, short term, is to keep both brands out there.”  ADS’s focus on insulin pumps and continuous glucose monitors – a shift forced...

WASHINGTON – Sens. Jeanne Shaheen, D-N.H., and Susan Collins, R-Maine, along with Reps. Diana DeGette, D-Colo., and Tom Reed, R-NY., Co-Chairs of the Senate and Congressional Diabetes Caucuses, sent a letter to Secretary of Veterans Affairs Denis McDonough urging the VA to stop requiring veterans to use the medically unnecessary four finger stick tests prior to initiating continuous glucose monitoring (CGM) therapy.  In their letter, the lawmakers highlighted...

CARLSBAD, Calif. – Advanced Diabetes Supply has acquired US Medical Supply (US MED), a portfolio company of H.I.G. Capital that provides continuous glucose monitors and medical supplies.  Founded in 1996, the Doral, Fla.-based US MED contracts with more than 500 insurance plans covering nearly 200 million lives. It was acquired by H.I.G in 2015.  “H.I.G. served as a value-added partner to our leadership team and supported the transformation of the business,” said...

BASEL, Switzerland – Ascensia Diabetes Care has launched a Patient Assistance Program to reduce out-of-pocket costs for its Eversense Continuous Glucose Monitoring System. “Our fundamental goal at Ascensia is to simplify and improve the lives of people living with diabetes through technologies that facilitate better outcomes and reduce the burden of managing the condition,” said Mary Puncochar, head of Ascensia’s Region US. “We therefore want to be able to offer Eversense...

DUBLIN – The biggest barrier to CGMs and other innovative diabetes technology is cost, says Medtronic, and that’s why the company recently launched a CGM Access Discount Program for certain users.  “Our goal is to make therapy available to everyone and we hear cost is one of the top reasons they can’t go on CGMs or fall off (using CGMs),” says Krista Sugerman, vice president of global customer engagement for Medtronic. “We try to...

CHICAGO - With the diabetes management industry growing by leaps and bounds, Frank Brumfield, CEO and owner of FSB Companies, a private investment firm, knew it was time to sell Pinnacle Medical Solutions, a company he’s been involved with since 2006.  “We’re excited to plug in the patient-focus model that The FSB Companies and the Pinnacle management team had built over the years into a much broader platform,” he said. “We wanted to be able to continue...

DUBLIN - Medtronic has launched a CGM Access Discount program that allows users without insurance coverage or those who switched insurance or lost coverage to access discounted out-of-pocket costs for a Medtronic CGM. The discount enables eligible patients to pay $180 for a Medtronic CGM (with a 12-month warranty) and $60/month for sensors. For more information on the program, click here. In October, CMS announced proposed changes that, if finalized, would expand Medicare coverage for CGMs. Earlier...

PLYMOUTH MEETING, Pa. - The diabetes market is a “high priority” for AdaptHealth as it seeks both strategic and organic growth, say company officials. The company, which closed on Solara Medical Supplies in July, acquired several additional supply and home medical businesses in the third quarter, most recently Pinnacle Medical Solutions, a provider of diabetes supplies, including continuous glucose monitors and insulin pumps, on Oct. 1. “We like the landscape in diabetes,”...

WASHINGTON - CGS, the DME MAC for jurisdictions B and C, will be conducting complex post-pay reviews for surgical dressings and knee orthoses, according to AAHomecare.CGS will be reviewing A6196 and A6212, and L1833 and L1851. The DME MAC is conducting the reviews due to data analysis that showed “significantly above expected amounts.”Surgical dressings and knee orthoses also ranked No. 5 and No. 9, respectively, in total CERT improper payment rates. The reviews will include only claim...

BASEL, Switzerland - Ascensia's new partnership with Senseonics is a big nod to continuous glucose monitors as the next best step in diabetes management. In August, Ascensia partnered with Senseonics to distribute its implantable CGM systems, including the Eversense and Eversense XL and future generation products, broadening its product portfolio beyond blood glucose monitoring systems, including its popular Contour line. “We certainly have a vision to be able to grow in the BGM space, (but)...