Tag: Sen. Baucus
Will you survive competitive bidding? This information will help provide the answer
September 21, 2010Mike Moran
Yesterday, I called Karen Moore for some information on revenue per full-time employee for HME companies. Karen is a turnaround expert and a partner at AnCor Healthcare Consulting. I called Karen because in our 2010 Financial Benchmarking Survey, the number of providers with revenue per FTE of $150k or more decreased significantly in 2009. That's not good, but don't take my word for it. Here's what Karen had to say on this very important topic:
As you know, revenue per employee is a key measure...
Test your industry knowledge: Take the HME News challenge
September 17, 2010Mike Moran
I mentioned a while ago that I just received a fresh batch of DME data from CMS. As I was looking at this data, I thought it would be kind of fun to put together a little test. So here you go. Test your knowledge. The answers are at the bottom, but don't look!
1. If you expect to be able to battle competitive bidding and come out the other side, your company's EBITDA should be what?
a. 50% b. 12% c. 8% e. 25%
2. How many Medicare beneficiaries have 3 or more chronic...
The Easter Bunny pays a visit to Apria and Attends Healthcare
April 2, 2010Mike Moran
Do you know what a "dividend recapitalization is?" I didn't but I do now, and if you read a little further, you will, too. It's interesting.
This issue comes up because last week I ran into news stories involving two industry companies: Attends Healthcare, a maker of adult incontinence items, and Apria. Attends recently arranged a $98 million "dividend recap" and Apria, pending shareholders approval, will do a $500 million dividend recap.
Here's what Investopedia, an online investing dictionary,...
Keep your friends close and your enemies closer, or something like that
September 16, 2009Mike Moran
AAHomecare is in a difficult position. It is the industry's national association, yet it has a relatively small membership. As such, non-members are often prone to question the association's motives on a variety of issues.
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Most recently, as we all know, the issue has been oxygen reform.
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How best to reform Medicare's oxygen benefit has divided the industry for months. In August, a compromise appeared to be achieved,...