Tag: Hospice

FLANDERS, N.J. – With the “gates opening” after two years of the pandemic, the timing was right for Central Medical Supply to pull the trigger on several acquisitions, says Joe Sacco, president and CEO.  The company, a provider of equipment to hospice agencies that’s backed by Osceola Capital, announced in May that it had made three acquisitions: Helping Hands Medical Equipment, the hospice assets of Consolidated Medical Surgical Supply and PPD Homecare.  “We...

FLANDERS, N.J. – Central Medical Supply, a portfolio company of Osceola Capital, has acquired three hospice and home care equipment management companies: Helping Hands Medical Equipment, the hospice assets of Consolidated Medical Surgical Supply and PPD Homecare.  Helping Hands, an Allentown, Pa.-based provider of DME management solutions to hospice agencies founded by Marty Falk, further expands Central Medical’s presence in eastern and central Pennsylvania.  Consolidated...

CINCINNATI – Quipt Home Medical has acquired At Home Health Equipment, an Indiana-based provider with unaudited trailing 12-month annual revenues of about $13 million and net income of $1.6 million.  Quipt says the acquisition creates its single largest market from a revenue standpoint: Indianapolis.  “This is a significant acquisition as it creates the largest single market for us in a very attractive region, allowing us the ability to strengthen our overall interconnected...

WASHINGTON – Medicare improperly paid suppliers an estimated $117 million over four years for DMEPOS provided to hospice beneficiaries, according to a new report from the Office of Inspector General.  Specifically, for 58% of the sampled DMEPOS items billed without the GW modifier (67 of 115 items) and 63% of those billed with the GW modifier (54 of 85 items), the items were provided to palliate or manage a beneficiary’s terminal illness and related conditions. The GW modifier...

TUSCALOOSA, Ala., and ROANOKE, Va. – Capstone HME has been tapped by Good Sam, a community-based hospice company serving the Roanoke Valley and surrounding areas, to provide DME for all of its hospice and palliative patients. Capstone HME began serving Good Sam patients and their families in 2020. “Our families truly feel that Capstone is an extension of Good Sam,” said Loretta Beemer, director of nursing services. “The Capstone staff is genuine...

IRVING, Texas—Andrew Ingram wasn't looking to make a change when he took the helm at National HME, a provider of DME to hospice agencies. But, after more than 25 years in health care services, including roles at McKesson, Apria and, most recently, at Encompass Health, where he was responsible for the organization's hospice service line, the new CEO saw an opportunity to take the company to a new level. "It's a combination of the value they brought to the table and I'm a strong...

WASHINGTON – CMS is having a subcontractor of the National Supplier Clearinghouse call supplier locations to make sure they’re open and available for inspection, according to AAHomecare.  Early in the COVID-19 public health emergency, CMS waived the requirement that suppliers be open at a physical location a minimum of 30 hours per week (supplier standard No. 7). The waiver was lifted in July and CMS announced it would move forward with physical inspections. The agency assured...

IRVING, Texas – National HME, a provider of DME solutions to the hospice market, has appointed Andy Ingram as CEO. Before joining National HME, Ingram spent 11 years at Encompass Health in senior leadership roles, including executive vice president of operations. In this role, Ingram was responsible for the organization’s hospice service line, which generated about $200 million in annual revenues throughout 85 locations across 18 states. Prior to Encompass, he served as regional vice...

CARROLLTON, Texas - Hospice Source, a provider of DME to the hospice market, has acquired Superior Healthcare in Marinez, Calif. The deal furthers Hospice Source's position as the largest provider of DME to the hospice market in California, the company says. “The acquisition of Superior Healthcare allows us to extend our passion for service to a greater number of northern California hospice patients and hospice partners,” said Jeff West, CEO of Hospice Source. “We welcome our new...

NEW BEDFORD, Mass. - Enos Home Medical has been shedding businesses for the past year, making hospice its main business today.Enos recently sold its sleep therapy business to Sandwich, Mass.-based Cape Medical Supply; in 2018, it sold its ventilation therapy business to Norwood, Mass.-based Reliable Respiratory.“Ten or 15 years ago, we were a one-stop shop, but when competitive bidding and the 36-month oxygen cap came in we started taking a closer look at different lines of business,”...