Tag: infusion

WASHINGTON - The DME MACs on May 7 announced that they will not require CMNs for oxygen claims during the COVID-19 public health emergency.The update follows CMS's decision not to enforce clinical indications of coverage for the oxygen NCDs and LCDs, as outlined in an April 6 interim final rule.“After carefully reviewing the CMN and the related claims processing issues that would result from having missing information or having clinical information for which the form was intended, CMS has determined...

HIGH POINT, N.C. - Advanced Home Care will sell its home health, specialty pharmacy and infusion business to Louisville, Ky.-based BrightSpring Health Services, according to Triad Business Journal.The sale follows the news earlier in December that Advanced Home Care would sell its HME business to Plymouth Meeting, Pa.-based AdaptHealth.BrightSpring, which has 11 lines of service, will operate Advanced Home Care's home health business as Advanced Home Health, and its specialty pharmacy and infusion...

MADISON HEIGHTS, Mich. - InfuSystem Holdings reported net revenues of $17.6 million for the fourth quarter of 2018, a 7% decrease compared to the same quarter in 2017. It reported net revenues of $67.1 million for 2018, a 5.5% decrease compared to 2017. InfuSystem reported a net loss of $300,000 for the fourth quarter and $1.1 million for 2018. On the positive side: The company reported $11.4 million in operating cash flow in 2018, an increase of 48% compared to 2017, driven by an improvement in...

MADISON HEIGHTS, Mich. - InfuSystem Holdings has selected Scott Shuda as chairman of its board of directors. Shuda has been a member of the board since September 2015. He succeeds Gregg Lehman, PhD., who served as chairman since May 2015 and who will continue to serve on the board as vice chairman. Shuda, 53, is managing director of Meridian OHC Partners, a private equity firm that invests in small public companies, primarily in the healthcare and information technology sectors. In that capacity,...

MADISON HEIGHTS, Mich. - InfuSystem, a national provider of infusion pumps and related services, has been tapped by Smiths Medical, a manufacturer of specialized medical devices and equipment, as an official distributor of CADD products. Smiths Medical recently announced a strategic decision to serve its non-hospital-based infusion customers through a new distribution model that its says simplifies the way providers order, receive and deliver care with CADD products. As a result, CADD will now be...

CARY, N.C. - The Accreditation Commission for Health Care has launched a Distinction in Nutrition Support (NTS), the industry's first, it says. The distinction augments the company's infusion pharmacy accreditation, allowing providers to demonstrate their expertise in the provision of nutrition products and formulas, as well as their commitment to optimal patient care, according to a press release. “The Distinction in Nutrition Support focuses on nutrition-specific pharmacy operations and the...

DENVER - BioScrip reported net revenues of $238.5 million for the first quarter of 2016, compared to $244.4 million for the same period a year ago, a decrease of 2.4%. Adjusted EBITDA was $7.4 millionvs. $4.9 million. The company said it was “pleased” with results and that the decrease in revenue stems from a planned shift in revenue mix away from lower margin chronic infusion revenue to its core infusion business

The “Patient Access to Durable Medical Equipment Act of 2016” will join a bill already introduced in the Senate that also seeks to push back the date of the cuts, which will usher in reimbursement based 100% on the competitive bidding program, from July 1, 2016, to Oct. 1, 2017.Unlike S. 2736, however, the House bill does not seek to speed up plans to limit federal Medicaid reimbursement for DME to Medicare reimbursement as a “pay for.” A draft of the bill states: “This...

MIRAMAR, Fla. - Univita Health is opening a second state-of-the-art infusion pharmacy in Orlando, Fla. The pharmacy, which will feature a sterile cleanroom specifically designed for compounding intravenous medications, will offer a wide range of infusion therapies, including IV antibiotics, total parenteral nutrition, pain management and enteral nutrition therapy. It will be located in Univita's distribution center and will serve a 100-mile radius. The company already has such a pharmacy in Miramar,...

WHILL teamed up with Stanford graduate and undergraduate students and Prof. David Jaffe for an engineering course called “Perspectives in Assisted Technology.” As part of the course, students designed, fabricated and tested prototypes for improving the experience for WHILL users traveling at night. The final design uses LED strips on various parts of the device to improve visibility for the user, and for drivers and pedestrians. Using three knobs, users can control color settings and...