Tag: Penrod Medical Equipment
New accreditation cycle raises costs, burdens
June 5, 2026Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Home medical equipment (HME) providers who are preparing for resurvey and reaccreditation say CMS's move to an annual requirement adds significant administrative burden with little perceived benefit.
Providers push back on annual requirement
As part of its final rule on the competitive bidding program, CMS began requiring all providers to undergo annual reaccreditation starting Jan. 1, 2026 – a shift from the previous three-year cycle.
Providers say...
Providers expect margin squeeze
April 4, 2025Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Amid all the chaos in Washington, D.C., including reorganizations and layoffs at CMS and potential Medicaid spending cuts, the administration’s far-reaching tariffs are of particular concern, say HME providers.
President Donald Trump implemented a new 10% tariff on all imported goods, no matter where they come from, on April 2, with even higher tariffs for certain countries.
“If someone were to ask me what keeps me up at night, it’s the...
Rae raises profile of HME at NSBA
May 10, 2019Tracy Orzel
SALISBURY, N.C. - When it comes to advocating for HME issues on Capital Hill, Craig Rae, owner of Penrod Medical Equipment, doesn't just talk the talk, he walks the walk.In addition to serving as the state legislative chairman for North Carolina and the president-elect for the Atlantic Coast Medical Equipment Services Association (ACMESA), Rae was recently named to the National Small Business Association's (NSBA) Leadership Council. HME News recently spoke to Rae about the NSBA and how it can help...
Honor roll: Penrod Medical Equipment, CareCentrix
April 9, 2019HME News Staff
Craig Rae, owner of Penrod Medical Equipment in Salisbury, N.C., was recently named to the National Small Business Association Leadership Council. Rae joins the NSBA Leadership Council alongside other small business advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C. Rae acquired Penrod Medical in 2011, after 30 years as a corporate executive for leading manufacturing companies. Penrod Medical serves 35 counties in central...