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Tag: Guidance

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F&P Healthcare raises guidance 

March 25, 2024HME News Staff

AUCKLAND, New Zealand – Fisher & Paykel Healthcare has raised its guidance for the financial year ending March 31, 2024, to $1.73 billion in operating revenue and $260 million to $265 million in net profit after tax. The guidance is slightly up from $1.7 billion in operating revenue and $250 million to $260 million in net profit after tax. “In OSA masks, we have continued to see strong performance from our Evora Full mask,” said Lewis Gradon, managing director and CEO. “We...

CPAP Mask, Fisher & Paykel Healthcare, Guidance

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Philips recall: Noridian provides guidance

June 28, 2021HME News Staff

WASHINGTON – Noridian Healthcare Solutions has posted FAQs for Jurisdictions A and D on the impact of the Philips recall on coverage and billing for Medicare beneficiaries, AAHomecare has reported.  Among the questions in the FAQ:  How should DME suppliers address the situation with Medicare beneficiaries who are in the first 90-days adherence metric in the PAP and RAD Local Coverage Determinations (LCDs)?  Response: During the Public Health...

Guidance, Noridian, Philips Recall

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Specialty Providers

Viemed Healthcare increases guidance

April 8, 2020HME News Staff

LAFAYETTE, La. - Viemed Healthcare now expects 2020 net revenues to be about $23.7 million to $23.9 million as a result of increased sales of ventilators.The company is fulfilling ventilation orders in the more severely COVID-19 impacted areas of Louisiana and New York, and anticipates fulfilling a larger amount of orders during the second quarter.“We recognize that being one of the largest home-based ventilator companies in the country puts us in a unique position to help with the current...

Guidance, Vents, Viemed

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Coronavirus outbreak: AAH seeks HME-specific guidance

March 11, 2020HME News Staff

WASHINGTON - AAHomecare is asking CMS to relax Medicare requirements for chronic lung disease to better facilitate home oxygen therapy during the coronavirus outbreak. The association is also seeking additional guidance from CMS about the potential use of telehealth to meet Medicare requirements for face-to-face documentation and ongoing medical necessity. “The HME community has a long track record of serving patients under adverse conditions,” the association stated in a bulletin...

AAHomecare, Coronavirus, Guidance, Pandemic

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F&P increases guidance, in part due to coronavirus outbreak

March 5, 2020HME News Staff

IRVINE, Calif. - Fisher & Paykel Healthcare has updated its revenue and earnings guidance for the financial year ended March 31, 2020, due to better-than-expected sales in its home care product group. “We've seen better-than-expected sales in our home care product group combined with continued strong growth in our hospital product group,” said Lewis Gradon, managing director and CEO. “This includes an increase in demand from China related to the COVID-19 coronavirus outbreak.” F&P...

Coronavirus, Fisher & Paykel Healthcare, Guidance

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DME MACs: Revised CMNs aren't necessary

April 30, 2018HME News Staff

WASHINGTON - The DME MACs have rescinded part of their updated guidance for the oxygen CMN. Back on Feb. 15, the MACs published an article with new supplier guidance on how to use new Q modifiers on the certificate of medical necessity form. They instructed providers to report the calculated average flow rate for Question 5 on the CMN when a patient has differing daytime and nighttime prescribed flow rates. They also instructed providers to submit revised CMNs in this situation. In an article...

Certificate of Medical Necessity (CMN), Guidance, Oxygen, Rescind, revised

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CMS modifies repair policy

August 26, 2014HME News Staff

WASHINGTON - It appears HME providers will now be able to repair equipment, such as power wheelchairs, without having to find the original medical necessity documentation from the original provider, AAHomecare reports.If Medicare paid for the base equipment initially, medical necessity for the equipment has been established, according to the association's initial reading of new guidance from CMS on the matter.“When reviewing DMEPOS claims for repairs, contractors shall only review for continued...

AAHomecare, Guidance, Repairs

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On the Editor's Desk

All there is to know about the elimination of the first-month purchase option?

December 16, 2010Liz Beaulieu, Editor

With the first-month purchase option for standard power wheelchairs scheduled to be eliminated Jan. 1, you might want to review what little guidance CMS and its contractors have released about the change. The FAQ below was published in November. Power Wheelchair Rental - Frequently Asked Questions Effective for items provided on or after January 1, 2011, standard power wheelchairs (K0813 - K0831, K0898) must be furnished on a monthly rental basis like other capped rental durable medical equipment...

first-month purchase option, Guidance, On The Editor's Desk

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