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Tag: Change Healthcare


HME Newspoll

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Newspoll: When it comes to revenue, many providers seeing red

June 21, 2024Theresa Flaherty, Managing Editor

YARMOUTH, Maine – June marks the midpoint of the calendar year and so far, it’s been a financial disappointment say 65% of respondents to a recent HME Newspoll.  “2024 has been a challenging year,” wrote one poll respondent. “Despite our growth in volume and workforce, we have encountered significant obstacles. We have faced difficulties in contracting, with closed insurance panels, struggled with low reimbursement rates, and dealt with high equipment costs.”  Reimbursement...

Change Healthcare, Cyberattack, Home Medical Equipment (HME), Medicare Advantage


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CMS sets July end date for CHOPD program

June 18, 2024HME News Staff

WASHINGTON – CMS has announced that payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will conclude on July 12, 2024.   Launched in early March, the CHOPD payments were designed to ease cash flow disruptions experienced by some Medicare providers and suppliers, such as hospitals, physicians and pharmacists, due to the unprecedented cyberattack that took health care electronic data interchange Change Healthcare...

Change Healthcare, Cyberattack, home medical equipment, Monopoly


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Doug Hoey

Specialty Providers

NCPA seeks pause on audits, ahead of cyberattack hearing 

May 1, 2024HME News Staff

ALEXANDRIA, Va. – Independent pharmacies that are still experiencing operational  and financial disruptions related to the Change Healthcare cyberattack have made several asks to Congress as part of two separate congressional hearings today.  In statements for the record, members of the National Community Pharmacists Associations are urging Congress to:  Direct plans and pharmacy benefit managers to pause audits;  Make pharmacies whole for dispensing...

Change Healthcare, Cyberattack, National Community Pharmacists Association (NCPA)


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In brief: Cyberattack update, PBM reform, Medicaid hearing

April 26, 2024HME News Staff

MINNEAPOLIS – Change Healthcare says it has made “strong progress” restoring services impacted by a cyberattack in February.  In the April 22 update, Change Healthcare said that medical claims across the U.S. health system are moving at near-normal levels, as systems come back online or providers switch to other methods of submission. The company said it realizes there are a small number of providers who continue to be adversely impacted and it is working with them to find...

Change Healthcare, Cyberattack, Medicaid, PBM reform, Sunknowledge


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Cyberattack: Change Healthcare provides status update

April 25, 2024HME News Staff

MINNEAPOLIS, Minn. – Change Healthcare said in an update this week that it has made “strong progress” restoring services impacted by a cyberattack in February.  In the April 22 update, Change Healthcare said that medical claims across the U.S. health system are moving at near-normal levels, as systems come back online or providers switch to other methods of submission. The company said it realizes there are a small number of providers who continue to be adversely impacted...

Change Healthcare, Cyberattack


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John Rademacher

Specialty Providers

Option Care reports double-digit growth 

April 23, 2024HME News Staff

BANNOCKBURN, Ill. – Option Care Health reported revenue of $1.14 billion for the first quarter of 2024, an increase of 12.8% compared to the same quarter last year, despite the disruption caused by the Change Healthcare cyberattack in February.  “The Option Care Health team delivered solid financial results while navigating a disruptive environment,” said John Rademacher, CEO. “I am proud of the resilient enterprise we have built and the team's unwavering commitment...

Change Healthcare, Cyberattack, Financial Results, Option Care


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Also Noted

CMS shares cyberattack resources 

April 22, 2024HME News Staff

WASHINGTON – CMS has shared with AAHomecare a 35-page document with resources related to the Change Healthcare cyberattack. The document also contains contact information for United Health Group, AmeriHealth Caritas, Blue Cross Blue Shield, Centene, Cigna, CVS Health, Elevance Health, Humana, Kaiser Permanente and Molina Healthcare, along with other payers and subsidiaries. “CMS shared these resources with AAHomecare along with their response to our Mar. 13 letter requesting relief...

AAHomecare, Change Healthcare, Cyberattack


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On the Editor's Desk

Change after Change

April 11, 2024Liz Beaulieu, Editor

When Change Healthcare acknowledged that it had been hacked by a “threat actor” named “BlackCat” and subsequently had to disconnect its systems, we were fairly certain it would be the subject of the cartoon and HME Newspoll for the April issue.  There were other ideas, of course – Theresa and I are nothing but a font of content, are we not? – including a poll on the impact on the HME industry of Dexcom’s plans to offer a continuous glucose monitoring...

Change Healthcare, Cyberattack


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News

Senator on cyberattack: ‘It was only a matter of time’ 

March 25, 2024HME News Staff

WASHINGTON – U.S. Sen. Mark Warner, D-Va., a member of the Senate Finance Committee and-chairman of the Senate Cybersecurity Caucus, has introduced legislation that would allow for advance and accelerated payments to health care providers in the event of a cyber incident, as long as they and their vendors meet minimum cybersecurity standards.  “I’ve been sounding the alarm about cybersecurity in the health care sector for some time,” Warner said. “It was only...

advance payments, Change Healthcare, Cybersecurity


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Tom Ryan

News

HME industry under strain

March 22, 2024Theresa Flaherty, Managing Editor

WASHINGTON – Industry stakeholders have been reaching out to policymakers to highlight the “disastrous” impacts of the recent Change Healthcare cyberattack, which piled cash flow concerns on top of low reimbursement issues.  “This is a low margin industry and some of these smaller to mid-sized companies don’t have the balance sheet (to sustain themselves for very long) and they have tough choices to make,” said Tom Ryan, president & CEO of AAHomecare. “They’ve...

AAHomecare, Change Healthcare, Cyberattack, Home Medical Equipment (HME), VGM Government Relations


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