Tag: Trace Medical
VGM, Trace Medical renew partnership expanding access to equipment
April 27, 2026HME News Staff
WHITMORE LAKE, Mich. – VGM and Trace Medical have partnered on an exclusive program agreement to expand VGM members’ access to Trace Medical’s advanced respiratory rentals, dialysis rentals and biomedical services nationwide. “We are very pleased with the continued growth of our relationship with VGM and its membership,” said Greg Apostolou, CEO of Trace Medical. “With ever-increasing industry margin pressure, our rental and biomedical service solutions are a natural...
In brief: CMS puts Elevance Health on notice, Trace names Mark Farmer president, Next Day Access marks triple-digit growth
March 3, 2026HME News Staff
WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) will suspend Elevance Health’s ability to enroll people in its Medicare Advantage plans if the insurer doesn’t comply with risk adjustment data submission requirements.
In a Feb. 27 letter to Elevance, CMS said sanctions would begin March 31 for Elevance’s “pattern of knowing noncompliance.”
In its letter, CMS states: Since...
Trace Medical names Mark Farmer as president
March 3, 2026HME News Staff
WHITMORE LAKE, Mich. - Trace Medical has appointed Mark Farmer as company president reporting directly to CEO Greg Apostolou. In his role, Farmer will oversee the company’s commercial operations, information technology and service operations functions, further integrating growth strategy, technology infrastructure and field execution across the organization. “We are very pleased to welcome Mark to Trace Medical,”...
In brief: Synapse Health contract, CPI-U update, BOC guidance, Trace Medical investment
December 22, 2025HME News Staff
SKOKIE, Ill. - UnitedHealthcare has announced that Synapse Health will manage durable medical equipment (DME) orders for certain UnitedHealthcare Medicare Advantage plans in additional states beginning April 1, 2026.
For individual HMO and PPO plans, Synapse will manage DME for members in these states: Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma, South Dakota and Wisconsin.
For chronic special...
Trace Medical backs LiViliti Health Products
December 22, 2025HME News Staff
WHITMORE LAKE, Mich. - Trace Medical, a provider of advanced respiratory rentals and biomedical services, has made an equity investment in LiViliti Health Products, a Sarasota, Fla.-based manufacturer of CPAP and respiratory accessories.
A natural fit
The two companies are a natural fit that combines LiViliti’s line of health cleaning products and Trace Medical’s infrastructure and market reach, says Greg Apostolou,...
Geffert moves up at Trace Medical
May 8, 2025HME News Staff
WHITMORE LAKE, Mich. – Trace Medical has named Clint Geffert, who joined the company in 2024, as its COO. “We were extremely fortunate to have Clint join our team last year and are thrilled to have him now lead our operations team as chief operating officer,” said Greg Apostolou, CEO. “His vast industry knowledge and experience align well with the needs of Trace Medical as we expand operations to include national biomedical services and home dialysis.” Previously, Geffert...
Encore, Trace provide ‘ultimate easy button’
November 15, 2024Liz Beaulieu, Editor
LIVINGSTON, Tenn. – Encore Healthcare’s new strategic partnership with Trace Medical helps providers streamline the process of managing ventilator patients and improve their ability to deliver clinical outcomes, say Zach Gantt.
As part of the partnership, Encore Healthcare’s clinical management and compliance services are married with Trace Medical’s vent rental offering to form a one-stop solution called Vent360+.
“We’re working on several partnerships...
In brief: CGM outcomes, Vent360+ launch, O&P WOY, AdaptHealth refi
September 18, 2024HME News Staff
DALLAS – Patients living with diabetes who use continuous glucose monitoring devices had 35% lower total cost of care and 23% higher device adherence when therapy was provided through a medical vs. pharmacy benefit, according to peer-reviewed research conducted by CCS and published in the Journal of Medical Internet Research Diabetes (JMID).
Non-adherent patients who use CGMs also had a higher rate of therapy reinitiation when therapy was provided through a medical (22%) vs. pharmacy...
Encore Healthcare, Trace Medical jointly launch Vent360+
September 17, 2024HME News Staff
LIVINGSTON, Tenn. - Encore Healthcare and Trace Medical have formed a strategic partnership to launch Vent360+, a solution designed to simplify and streamline the provision of ventilator services for HME providers.
The one-stop solution integrates ventilator rentals, clinical management and compliance oversight – all under one convenient, all-inclusive monthly price.
“This partnership is a game-changer for the industry,” said Zach Gantt, president & CEO of Encore...
In brief: Trace recruits Geffert, Hoveround adds CRT, Joel Marx named Champion
March 22, 2024HME News Staff
WHITMORE LAKE, Mich. – Trace Medical, a provider of ventilation rentals and biomedical services, has appointed Clint Geffert, formerly of VGM & Associates, as its chief growth officer.
“We are excited to have Clint join the Trace team,” said Greg Apostolou, CEO. “His contribution to the HME industry has been nothing short of amazing, and his experience and industry-reach align well with our strategic growth plans.”
“Clint’s industry experience...