Tag: OptionCare
In brief: VGM tallies costs by region, Option Care debuts in Louisiana
August 9, 2018HME News Staff
WATERLOO, Iowa - The VGM Group has released the results of a “Delivery Cost Survey” that puts into perspective how costly it is for HME providers to provide patients with the necessary equipment.
In New England, for example, providers report that it costs them $22.43 in vehicle costs per delivery and $18 in labor costs per hour, according to the survey. When you take into account the 23.33 miles from business to home and the 31.67 minutes it takes for in-home set up, that's an...
In brief: Stakeholders enlist Sen. Heitkamp, MedCare makes buy
November 13, 2015HME News Staff
WASHINGTON - Sen. Heidi Heitkamp, D-N.D., has agreed to be an original co-sponsor, along with Sen. John Thune, R-S.D, on a bill that would soften the blow of the nationwide rollout of competitive bidding pricing on Jan. 1, according to AAHomecare.
“When the South Dakota providers met with Sen. Thune earlier this year and he agreed to work with Rep. Price, the industry needed a Democratic lead, and Sen. Heitkamp seemed like the logical fit,” said Barb Stockert of Jamestown, N.D.-based...
CVS buys Coram
November 27, 2013HME News Staff
LAKE FOREST, Calif. - CVS Caremark has agreed to acquire Apria's home infusion business, Coram, for $2.1 billion, the companies announced today.“CVS Caremark and Coram share a mutual commitment to provide patients with quality care,” said John Figueroa, Coram CEO.Apria acquired Denver-based Coram for $350 million in 2007. Today, Coram has more than 4,500 employees and serves more than 20,000 patients each month through 85 locations. Third quarter revenues for the division, reported...