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Tag: Home respiratory therapy


Also Noted

Viemed secures new funding of up to $90M

November 30, 2022HME News Staff

LAFAYETTE, La. – Viemed Healthcare has entered into new syndicated credit facilities consisting of a five-year senior secured revolving credit facility of up to $30 million and a five-year delayed draw term loan facility of up to $30 million, which may be borrowed in multiple drawdowns. The new credit facilities contain an accordion feature that allow the company to increase the size of the facilities by up to $30 million, subject to certain conditions, for a total borrowing capacity of up...

Home respiratory therapy, Viemed Healthcare


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Crispin Teufel

News

CQRC fears lack of template could increase denials

November 30, 2022HME News Staff

WASHINGTON –– The Council for Quality Respiratory Care has expressed disappointment that the recently published local coverage determination for oxygen does not call for the use of a data-driven oxygen template when documenting medical need.   Instead, the LCD, released on Nov. 18, continues to rely on the use of patient medical records, which the CQRC says can be subjective and inconsistent and which can lead to a high rate of oxygen claim denials.  “It is concerning...

Home respiratory therapy, oxygen LCD, oxygen template


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Casey Hoyt

Specialty Providers

Viemed prioritizes diversification

March 11, 2022Theresa Flaherty, Managing Editor

LAFAYETTE, La. – Viemed’s sleep and respiratory businesses grew the fastest in 2021, but the company is focused on diversifying into other areas, says CEO Casey Hoyt.  The company has previously placed a lot of emphasis on hiring sales rales reps to grow its core sleep and respiratory businesses, which generated $29 million in net revenues for the fourth quarter, a company record.  “Our goal for 2022 will be to be laser focused on netting 20 new areas, as opposed...

Home respiratory therapy, Non-invasive ventilation, Viemed Healthcare


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Specialty Providers

Advent Home Medical acquires Life Tech

March 10, 2022HME News Staff

PONTIAC, Mich. – Advent Home Medical has acquired Life Tech, doubling its size and creating the largest provider of home-based invasive ventilation in the country, the company says.  Founded in 2001, the Elmhurst, Ill.-based Life Tech specializes in providing respiratory therapy services and durable medical equipment and supplies to highly acute pediatric patients in the home, serving patients through four facilities in Illinois, Missouri, Wisconsin, and Indiana.  “This...

Advent Home Medical, Home respiratory therapy, home ventilator therapy


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Crispin Teufel

Providers

‘Big issue’ looms in respiratory care

February 11, 2022Theresa Flaherty, Managing Editor

WASHINGTON – The Council for Quality Respiratory Care has made it a priority to find out what happens when the waivers expire that have simplified the process for qualifying a patient for home oxygen therapy during the public health emergency.  “We’ve had several conversations internally and with CMS, but there is a big issue looming if CMS doesn’t act on what’s going to happen post-pandemic with all those patients,” said Crispin Teufel, chairman of the...

Council for Quality Respiratory Care, Crispin Teufel, Home respiratory therapy


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Curt Merriman

Smart Talk

Telehealth: Maximize resources

August 18, 2021Curt Merriman

Q. With the continued shortage of respiratory therapists, how do we look for ways to maximize this scarce resource?  A.One HME company has outsourced their RT coverage exclusively with a tele-respiratory therapist. This organization incorporates a couple of strategies:  The customer comes into the HME’s location and meets with a customer service representative and a tele-respiratory therapist joins remotely to provide the PAP setup instruction. The relationship is developed...

Curt Merriman, Home respiratory therapy, rtNow, Telehealth


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Providers

Spiro Health increases New England profile with latest acquisition

November 5, 2020HME News Staff

SANDWICH, Mass. - Spiro Health has acquired Absolute Respiratory Care in Johnston, R.I., further cementing its presence in New England and the Northeast. Absolute Respiratory Care offers a full range of home medical equipment and supplies with a focus on sleep services. Through wireless monitoring, the provider has created a touchless telehealth model for sleep therapy. “Absolute Respiratory Care is excited to join with the team at Spiro Health,” said Jayne Matoian, president of Absolute...

Absolute Respiratory Care, Home respiratory therapy, Spiro Health


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Also Noted

Protech lines up sleep provider

September 9, 2020HME News Staff

CINCINNATI - Protech Home Medical has executed a non-binding letter of intent to acquire a respiratory company in the Southeast reporting unaudited trailing 12-month annual revenues of about $13 million, significant adjusted EBITDA and positive net income. The target, which has been in business for more than 15 years, would significantly enhance Protech's presence in the region with five new locations, and would increase its patient count by more than 15,000. The target is highly concentrated in...

Home respiratory therapy, Protech Home Medical


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Also Noted

CQRC backs AHRQ report

March 3, 2020HME News Staff

WASHINGTON - The Council for Quality Respiratory Care has highlighted a new report from the Agency for Healthcare Research and Quality that found patients who use home respiratory therapies tend to experience better health outcomes than those who do not. The AHRQ, an agency within the U.S. Department of Health and Human Services, analyzed 68 studies covering 53,733 patients to evaluate home noninvasive positive pressure ventilation in adults with chronic respiratory failure in terms of initiation,...

AHRQ, CQRC, Home respiratory therapy, ventilation


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Business Development

Connectivity 'elevates" home oxygen therapy

January 6, 2020John Andrews

Oxygen therapy has always been the lifeblood of the HME respiratory provider's business as companies offer a range of therapies, modalities and services to their patients. And the wireless connectivity that is ubiquitous in the modern world adds an important new dimension to the market that has the potential to boost efficacy and efficiency while reducing costs and better managing outcomes.The sophisticated connectivity infrastructure that has revolutionized communications has had a distinct and...

Home oxygen therapy, Home respiratory therapy, Philips, Ventec Life Systems


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