Tag: Home Medical Equipment (HME)
Time flies when you’re having fun
May 22, 2025John Andrews
I go back to the beginning with HME News. I was there in the mid-90s, when founder Neil Rouda dressed up like a newsboy to pass out the inaugural issue to everyone at Medtrade Spring in Las Vegas. At the time, I was senior editor with MPS (Medical Product Sales) and after reading the first issue, I was impressed by the depth and scope of the editorial staff’s HME industry knowledge. When I hung out my freelance shingle in January 2000, former HME News Editor Jim Sullivan inquired about my availability...
Quipt receives buyout offer
May 21, 2025HME News Staff
CINCINNATI — Quipt Home Medical has announced that it has received an unsolicited non-binding and conditional and indicative proposal from Forager Capital Management to acquire 100% of the company’s issued and outstanding common shares for $3.10 per common share.
Quipt entered into a non-disclosure and standstill agreement with Forager Fund, L.P. and FCM in February. The agreement provides that Forager and its representatives will, for a period of six months after the date of...
In brief: SOAR Act support, ActivStyle acquisition, Viemed & Inogen results
May 9, 2025HME News Staff
WASHINGTON – More than 30 patient, health care professional and industry organizations have signed a letter urging lawmakers to cosponsor the Supplemental Oxygen Access Reform (SOAR) Act, which would remove supplemental oxygen from the competitive bidding program.
“Since 2011, supplemental oxygen has been part of Medicare’s DMEPOS competitive bidding program, resulting in significant decreases in payments for oxygen equipment and supplies,” the letter states....
Owens & Minor’s outlook remains ‘bullish’
May 8, 2025HME News Staff
RICHMOND, Va. – Owens & Minor posted total revenue of just over $2.6 billion for the first quarter 2025, roughly flat to the same quarter in 2024.
Of that, Patient Direct accounted for $674 million in the first quarter of 2025 vs $638 million for the same period last year. Adjusted EBITDA for Patient Direct was nearly $98 million.
“Across the business we continued to see strong execution and progress toward our near and long-term strategies,” said Edward...
Viemed sees ‘strong, across-the-board start’
May 8, 2025HME News Staff
LAFAYETTE, La. – Viemed reported net revenue of $59.1 million for the first quarter 2025, an increase of 17% compared to the same quarter in 2024.
Adjusted EBITDA for the quarter totalled $12.8 million, a 26% increase.
The company’s ventilator patient count grew to 11,809 as of March 31, 2025, an increase of 13% over March 31, 2024. PAP therapy patient count grew to 22,899 as of March 31, 2025, an increase of 46% over March 31, 2024.
“We are pleased to...
VGM releases second playbook of 2025
May 8, 2025HME News Staff
WATERLOO, Iowa — VGM & Associates has released “VGM Playbook: Cost Management Trends, Strategies, and Solutions,” to help VGM members optimize health care operations and manage costs effectively. As the second playbook of 2025, this resource offers valuable perspectives and strategies from various industry experts focused on managing costs, improving operational efficiency and navigating the complexities of the health care industry. Topics include an analysis of health care costs...
AAHomecare welcomes Analytix Solutions as Bronze Corporate Partner
May 7, 2025HME News Staff
WASHINGTON – Analytix Solutions is now a Bronze Corporate Partner with AAHomecare. By aligning with AAHomecare, Analytix Solutions strengthens its commitment to enhancing compliance frameworks, organizing reimbursement processes and supporting home care providers in delivering patient-centered care, the company says. “The additional resources and direct involvement that our Corporate Partners provide allows us to be more impactful on legislative regulatory and payer initiatives and bring...
Viemed to buy Lehan's for $26M
May 6, 2025HME News Staff
LAFAYETTE, La. – Viemed Healthcare has entered into a definitive agreement to acquire Illinois-based Lehan’s Medical Equipment, a home medical equipment provider with specialties in respiratory care and women’s health.
The transaction is expected to close in the third quarter of 2025 for a base purchase price of $26 million, subject to customary net working capital adjustments and an estimated $2.2 million of contingent payments. Viemed expects to fund the acquisition through...
In brief: New execs at Insulet & Synapse, state of e-prescribing, OPGA & Össur awards
May 2, 2025HME News Staff
ACTON, Mass. – Insulet has appointed Ashley McEvoy as president and CEO effective immediately, replacing Jim Hollingshead, who has agreed to end his employment at the company and resign from its board of directors.
“Insulet continues to successfully deliver on its financial, clinical and operational objectives while advancing its mission to improve the lives of people with diabetes, and we are confident this leadership change will further the company’s success,”...
CHME: ‘We’re trying to be a little bit different’
April 25, 2025Theresa Flaherty, Managing Editor
FOSTER CITY, Calif. – California Home Medical Equipment’s dual role as a DME provider and now a pharmacy well positions the company to meet a new contract with Medi-Cal, the state’s Medicaid program.
“We were supplying enteral nutrition and blood glucose testing supplies to patients and those things got switched over to a pharmacy benefit within Medi-Cal, so a lot of people were kind of lost on where to go for that that type of thing,” said Diane Tackaberry,...