Skip to Content

Tag: Tycon Medical


News

In brief: Stance Health launches, Tycon Medical reports cyberattack, Eastern MedTech continues build out  

January 8, 2025HME News Staff

TUSTIN, Calif. – SG Homecare and Western Drug Medical Supply will form one company called Stance Health Solutions. Jay Wendt announced on LinkedIn that the company will be rolling out its new brand both internally and externally over the first three months of the new year. “Exciting times for this growing organization,” he said. Wendt, CEO of SG Homecare, will serve as CEO of Stance Health Solutions. SG Homecare, along with its private equity sponsor Sverica Capital, acquired Western...

Eastern MedTech, Stance Health Solutions, Tycon Medical


Read Full Articlered right arrow icon

Also Noted

Tycon Medical reports cyber incident 

January 6, 2025HME News Staff

NORFOLK, Va. – Tycon Medical Systems, a HME provider and distributor based here, has filed a notice with the Attorney General of Massachusetts of a cybersecurity incident that affected personal information. In a letter to customers, the company provides information about placing security freezes on their credit reports through Equifax, Experian or TransUnion. It also offers customers the opportunity to enroll in complementary credit monitoring and identity theft protection services, including...

Cyberattack, Tycon Medical


Read Full Articlered right arrow icon

News

Stakeholders ready case for other payers to follow Medicare

December 16, 2016Liz Beaulieu, Editor

WASHINGTON - Industry stakeholders are looking into whether or not other payers should have to follow Medicare's lead and retroactively delay reimbursement cuts that went into effect in rural areas on July 1.Because so many other payers base their reimbursement on Medicare's, shouldn't they also have to allow providers to recoup six months of payments, from July 1, 2016, to Dec. 31, 2016, as outlined in the 21st Century Cures Act?“When CMS dropped the fee schedule across the board on July 1,...

AAHomecare, Atlantic Coast Medical Equipment Svc Assn (ACMESA), TRICARE, Tycon Medical


Read Full Articlered right arrow icon

News

Trickle-down effect: Tricare rates nosedive

August 26, 2016Theresa Flaherty, Managing Editor

YARMOUTH, Maine - HME providers were caught off-guard when Tricare, the healthcare program for uniformed services members and their families, began ratcheting down its reimbursement rates to below Medicare's new reduced rates.“Tricare has typically been one of the better payers, so to see the rates fall as drastically as they have put a shock to us,” said Chris Smythe, vice president at Tycon Medical, which has locations in Norfolk and Portsmouth, Va., which has a large military community....

AAHomecare, TRICARE, Tycon Medical


Read Full Articlered right arrow icon