Tag: John Skoro
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...
Selling referral sources on tech
June 29, 2021Tracy Orzel
PHOENIX - While labor is the No. 1 cost center for HME providers, it’s also the No. 1 thing they can control, says John Skoro, president of Xmed Oxygen and Medical Equipment. Here’s what Skoro, who will be co-hosting a session on how to leverage technology to automate referral processes, had to say about mitigating costs with e-prescribing.
HME News: Why is it so important for HME providers to play an active role in “selling” technology to automate referral processes...