Tag: Home Infusion Therapy
Soleo Health opens specialty center
September 15, 2021HME News Staff
FRISCO, Texas – Soleo Health has opened a Thyroid Eye Disease Therapeutic Care Management Center. Soleo Health’s TCMCs are designed to support patients nationally with specific complex conditions, including rare and ultra-rare diseases and the respective therapies used to treat them. “We created our TED TCMC to provide clinical expertise and a support system for patients, caregivers and physicians nationwide,” said Drew Walk, CEO. “Our TCMCs provide a consistent patient...
NHIA to publish scholarly journal for infusion therapies
September 13, 2021HME News Staff
ALEXANDRIA, Va. – The National Home Infusion Association will launch a new peer-review publication, Infusion Journal. The new scholarly journal will feature independent research and studies related to infused therapies, patient outcomes, medication safety, economic analyses and case studies. “Our provider organizations are operating in a unique and growing health care sector that is underrepresented in the academic-style publishing area,” said Connie Sullivan, president of NHIA....
Infusion stakeholders send letter supporting infusion bills
September 9, 2021HME News Staff
WASHINGTON – The National Home Infusion Association and more than 20 other organizations have sent a letter to Congress supporting legislation that would ensure access to home infusion therapy for Medicare beneficiaries. The Preserving Patient Access to Home Infusion Act, introduced in August in both the House of Representatives and the Senate, provides important clarifications to the 21st Century Cures Act that will ensure Medicare recognizes the full spectrum of professional services that...
Option Care Health announces stock offering
September 8, 2021HME News Staff
BANNOCKBURN, Ill. – Option Care Health announced that an affiliate of Madison Dearborn Partners, the selling stockholder, has agreed to sell 9.2 million shares of the company’s common stock at $26.90 per share in an underwritten public offering. This sale of shares represents approximately 5.1% of the current shares outstanding. Consistent with the August 2021 secondary offering, Madison Dearborn Partners and Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, Inc., have...
NHIA submits comments on home health rule
September 1, 2021HME News Staff
WASHINGTON – The National Home Infusion Association has submitted comments to a final rule saying it is disappointed that CMS has not revisited the Medicare Part B home infusion benefit.
The CY 2022 Home Health Rule outlines proposed coverage and policy changes for home infusion and other post-acute services.
The NHIA’s key concern with the current benefit: the requirement that a nurse or other health care professional be present in the patient’s home for...
In brief: CMS alert, home infusion bill, Quipt earnings
August 27, 2021HME News Staff
WASHINGTON – Industry stakeholders are pushing back on a CMS alert that, they say, makes it seem like patients can get CPAP devices and ventilators affected by a recent Philips recall replaced or repaired right away.
The alert states: “If you would like to replace or repair your equipment, the supplier you bought the equipment from is responsible for replacing or repairing rental equipment at no cost to you when the equipment is less than five years old. If the equipment is more...
Home infusion stakeholders now have bills in House, Senate
August 25, 2021HME News Staff
WASHINGTON – A bill has been introduced in the House of Representatives to improve access to home infusion therapy for Medicare beneficiaries.
Introduced by Reps. Terri Sewell, D-Ala., Debbie Dingell, D-Mich., Fred Upton, R-Mich., and Vern Buchannan, R-Fla., H.R. 5067, the Preserving Patient Access to Home Infusion Act provides technical clarifications that would remove the physical presence requirement, ensuring payment regardless of whether a health care professional is present in...
Soleo Health throws support behind infusion bill
August 17, 2021HME News Staff
FRISCO, Texas – Soleo Health has announced its “strong” support of S.2652, The Preserving Patient Access to Home Infusion Act. Introduced by Sens. Mark Warner, D-Va., and Tim Scott, R-SC, the legislation seeks to ensure patients’ access to life-saving home infusion therapy by providing appropriate reimbursement for such professional services. “Enactment of S.2652 would allow us to continue to deliver the high levels of quality care and deep clinical expertise to which...
Bill aims to maintain access to home infusion therapy
August 9, 2021HME News Staff
WASHINGTON - Sens. Mark Warner, D-Va., and Tim Scott, R-S.C., have introduced legislation that uses technical clarifications to remove the requirement that a nurse or other health care professional be present in the patient’s home for the home infusion provider to be paid for those services.
The Preserving Patient Access to Home Infusion Act also incorporates the full scope of professional services provided through home infusion — including essential pharmacist services —...
Option Care Health has ‘momentum’ going into second half of 2021
August 3, 2021HME News Staff
BANNOCKBURN, Ill. – Option Care Health reported net revenue of $860.3 million for the second quarter of 2021, up 16.1% compared to $740.8 million in the second quarter of 2020.
Gross profit was $199 million, or 23.1% of net revenue, up 19.6% compared to $166.3 million, or 22.4% of revenue.
“The Option Care Health team delivered a very strong second quarter, while continuing to invest for future growth,” said John Rademacher, CEO. “Most importantly, the team focused on...