Tag: Inventory management
VGM partners with HME360 to offer members inventory optimization
April 22, 2026HME News Staff
WATERLOO, Iowa—VGM & Associates has announced a new vendor partnership with HME360, an inventory optimization platform for home medical equipment (HME) providers. Through this partnership, VGM members will have access to HME360’s inventory optimization platform, providing a clear path to implement real-time visibility and automation across their organizations. This enables providers to move beyond reactive inventory management and begin using inventory as a lever to improve both operational...
Report: Inventory inefficiency stunts growth for HME providers
September 23, 2025HME News Staff
HOUSTON – More than $4 billion annually is lost due to excess inventory, asset shrinkage, wasted labor and missed revenue, according to a new industry report released by HME360, a Software as a Service (SaaS) inventory optimization solution built for home medical equipment (HME) providers.
Other key findings from the report:
Nearly 90% of providers still perform regular manual counts, causing staff frustration and wasted labor time.
65% of providers say they are...
Inventory Management: Build sustainability
April 8, 2025John Skoro
Q. How will innovations in retail shape our future?
A. In our industry, we often find ourselves operating with tunnel vision, influenced by the complexities of billing systems, regulatory compliance and payer rules. However, it's crucial that we occasionally step back and explore potential innovations from other sectors that could benefit us. One such sector is retail.
While our inventory challenges can sometimes seem overwhelming, consider the scale and complexity of the retail...
Inventory Management: Embrace the barcode
March 12, 2025John Skoro
Q. How do I simplify serialized inventory?
A. Serialized inventory is common in our industry, but it often proves more complex than it should be. Why is that? Depending on your business model, serialized inventory transactions can account for a significant portion of your company’s reconciliation tasks. While billing system requirements contribute to the complexity, many issues stem from areas we can control—specifically, serial number identification and item location management...
Inventory Management: Reclassify your inventory type
February 11, 2025John Skoro
Q. How should I organize inventory to improve workflow?
A. "Why can't we confirm our orders faster? Or more specifically, why is there no inventory available at my location to confirm my order?"
Sound familiar? Of course, it does. From my own experience and conversations with many providers, these are common frustrations. Believe it or not, sometimes these workflow bottlenecks stem from the way inventory is set up in your billing system. In practice, we typically categorize...
Inventory management: Get a handle on expenses
January 9, 2025John Skoro
Q. What is inventory management and why is it important?
A. Inventory management is the process of overseeing a company’s stock of goods, including ordering, storing and selling products, with the goal of balancing inventory levels to meet customer demand, while avoiding overstock or stockouts. For HME providers, this also includes managing product states, compliance with accreditation and licensing, recalls and billing system inventory rules. Most HME providers use billing systems...
Sponsored content: Drastically improve all aspects of your DME/HME business with SeriousERP
April 29, 2020Raul Lopez
What is SeriousERP?
SeriousERP is an ERP (Enterprise Resource Planning) software platform designed to manage and improve every aspect of a DME/HME business. This system was built by collaborating with DME experts to reduce costs and improve efficiency while increasing productivity. SeriousERP has a modular design that allows clients to fully customize the solution while maintaining an affordable price point.
In critical times, the...