Tag: Costs

WASHINGTON - Medicare reimbursement rates cover, on average, only 88% of overall costs for companies providing HME products and services, according to a new study released yesterday by AAHomecare.The study, “Analysis of the Cost of Providing Durable Medical Equipment to the Medicare Population: Measuring the Impact of Competitive Bidding,” was conducted by Dobson DaVanzo & Associates and raises serious concerns about the current Medicare payment model, researchers say.“The data...

SAN DIEGO and BREA, Calif. - An International Trade Commission (ITC) ruled July 18 that the humidifier in Apex Medical's iCH CPAP device infringes on ResMed patents, according to a press release from ResMed. Apex Medical had argued that it had redesigned the humidifier so that it no longer infringed on ResMed patents, the release states. “As a result, Apex should continue to be banned from selling the iCH humidifier in the United States,” ResMed states in the release. In its own press...

ROCHESTER, Mich. - Wright & Filippis has a cab ride in Las Vegas to thank for a new initiative that will not only save the provider money but also make it more “green.” “Our leadership was attending Medtrade West three years ago and took a cab that was powered by propane,” said Tom Hopkins, the distribution and fleet manager at Wright & Filippis. “A.J. Filippis (president) came back and said, 'We should be looking into this.'” Fast forward to Medtrade in November,...