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Tag: PromptCare


News

In brief: Oxygen adjustment, in-person visits, PromptCare sale, Glooko’s raise 

March 19, 2021HME News Staff

WASHINGTON – CMS has published an adjusted fee schedule for oxygen therapy for April 2021 that no longer includes a percentage reduction to meet the budget neutrality requirement.  The adjustments result in an increase in fee schedule amounts ranging from $6.72 to $8.19 in former competitive bidding areas; $5.17 to $5.43 in other non-rural areas; and $4.14 to $6.82 in non-contiguous and rural areas, according to the VGM Group.  The fee schedule amounts are not retroactive...

budget neutrality, face-to-face, Glooko, M&A, oxygen reimbursement, PromptCare


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Specialty Providers

PE firm puts PromptCare up for sale

March 16, 2021HME News Staff

NEW PROVIDENCE, R.I. – The Halifax Group, which invested in PromptCare Companies in 2017, is now looking to sell the company, according to PE Hub.  The process is in its second rounds, with first-round bids already submitted, according to the publication.  Because PromptCare has two distinct businesses – home infusion therapy and complex respiratory therapy – there may be two separate transactions, according to PE Hub.  PromptCare has nearly tripled...

Halifax Group, home infusion, investment, M&A, PromptCare


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Specialty Providers

PromptCare boosts home infusion biz

January 28, 2020HME News Staff

NEW PROVIDENCE, N.J. - The PromptCare Companies has acquired Hoffman Estates, Ill.-based Premier Specialty Infusion, further expanding its footprint in the Midwest.PromptCare, a regional provider of complex respiratory and specialty home infusion services, has acquired Premier Specialty Infusion from the family of its CEO, Ashar Hasan.“Ashar has built an impressive team at Premier and we are delighted to welcome them into the PromptCare family,” said Tom Voorhees, CEO of PromptCare. “Premier's...

home infusion, M&A, PromptCare


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News

In brief: PromptCare acquires Hollywood Medical, United Spinal bolsters board

November 27, 2019HME News Staff

NEW PROVIDENCE, N.J. - PromptCare has expanded into Florida, acquiring Hollywood Medical Supply.Founded in 1965 in Hollywood, Fla., Hollywood Medical Supply currently provides hi-tech pediatric respiratory services and supplies, and enteral feeding to more than 1,200 patients. “We are excited to enter the state of Florida through this strategic combination with Hollywood Medical Supply,” said PromptCare CEO Tom Voorhees.  “Bob (Lichtenstein, owner and CEO) has built a company...

Hollywood Medical Supply, PromptCare


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Providers

PromptCare acquires Hollywood Medical

November 26, 2019HME News Staff

NEW PROVIDENCE, N.J. - PromptCare has expanded into Florida, acquiring Hollywood Medical Supply.Founded in 1965 in Hollywood, Fla., Hollywood Medical Supply currently provides hi-tech pediatric respiratory services and supplies, and enteral feeding to more than 1,200 patients. “We are excited to enter the state of Florida through this strategic combination with Hollywood Medical Supply,” said PromptCare CEO Tom Voorhees.  “Bob (Lichtenstein, owner and CEO) has built a company...

Hollywood Medical Supply, PromptCare


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News

In brief: AAH tallies impact of Cures provision, MACs drop revised CMN requirement

May 4, 2018HME News Staff

WASHINGTON - The Medicaid programs of 11 states have indicated that they will be changing their fee schedules to match Medicare's, AAHomecare reports.Twelve states say they will not be changing their fee schedules at this time, and 10 states say they are still analyzing data with AAHomecare and/or CMS.“It's gratifying to work alongside so many dedicated individuals across the country to encourage state Medicaid officials to take a careful look at their options for complying with the Cures Medicaid...

Acentus, Ally Medical, Cork Medical, ostomy supplies, Preston Wound Care, PromptCare


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Also Noted

PromptCare expands south

May 3, 2018HME News Staff

CLARK, N.J. - PromptCare, a regional provider of respiratory and infusion services, has acquired Hometown Oxygen, it announced today. The Charlotte, N.C.-based Hometown Oxygen specializes primarily in pediatric vent patients, serving nearly 1,100 from eight locations throughout the Carolinas. “Bringing the Hometown team on board will allow us to expand our footprint to the Southeast, an integral part of our strategy,” said PromptCare CEO Tom Voorhees. “(CEO) Scott Dinning and the...

home infusion, home respiratory therapy, HomeTown Oxygen, PromptCare


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Also Noted

PromptCare buys Boston Home Infusion

March 4, 2016HME News Staff

CLARK, N.J. - PromptCare has bought Stoughton, Mass.-based Boston Home Infusion. The deal will help PromptCare, whose presence spans from the mid-Atlantic to the Northeastern U.S., expand respiratory services to the greater Boston area. “This acquisition offers us an ideal platform for launching our disease focused infusion programs as a complement to their current range of therapy offerings,” CEO and President Tom Voorhes said in a prepared statement. “It is also a natural extension...

Boston Home Infusion, home infusion, PromptCare


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