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HOme medical equipment

AdaptHealth hits the NASDAQ

‘They came up with a buy-and-build strategy and executed on it’
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11/15/2019

PLYMOUTH MEETING, Pa. – In the nearly 10 years that the HME industry has grappled with competitive bidding, AdaptHealth has found a way to grow, leading up to the provider becoming a public company last week.

Providers struggle with TPAs

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11/15/2019

YARMOUTH, Maine – The resurgence of third-party administrators for HME is bad news for the industry, according to the large majority of respondents to a recent HME Newspoll.

Medi-Cal drops drastic rate cuts

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11/14/2019

SACRAMENTO, Calif. – Medicaid officials in California have agreed to implement a fee schedule for DME based on 80% of Medicare’s rural rates, VGM reports.

AdaptHealth posts first earnings report

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11/14/2019

PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $136.5 million and net sales of $83.1 million for the third quarter ended Sept. 30, an increase of 33.6% and 44.5%, respectively, from the same period last year.

Invacare targets convergence in 2020

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11/08/2019

ELYRIA, Ohio – Invacare’s not done cost cutting, but it’s now in a place where it can also focus on increasing revenues through new product launches, says Matt Monaghan.

Wendy Russalesi, HME’s relationship builder

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11/01/2019

PLYMOUTH MEETING, Pa. – In her two decades in the HME industry, HME Woman of the Year Wendy Russalesi has held a variety of positions—from consultant to accreditation surveyor to executive director of the Jersey Association of Medical Equipment Suppliers.

CMS issues final ESRD rule

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10/31/2019

WASHINGTON – CMS on Thursday afternoon released an ESRD final rule that establishes a permanent home infusion therapy benefit in 2021 and establishes a methodology for establishing fee schedules for new DMEPOS items.

Rotech taps $50M for acquisitions

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10/31/2019

ORLANDO, Fla. – Rotech Healthcare has obtained a $315 million credit agreement to, in part, fuel strategic acquisitions.

Take advantage of Medtrade Spring SmartSaver rates

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10/31/2019

LAS VEGAS – SmartSaver Rates are in now in effect for Medtrade Spring, March 3-5 at the Mandalay Bay Convention Center in Las Vegas. The spring show offers more than 160 exhibitors, educational programming, networking and the New Product Pavilion.

Reporter’s notebook: When Adapt goes public, industry will be watching

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10/28/2019

PLYMOUTH MEETING, Pa. ­–­ When AdaptHealth goes public later this year, other large players in the industry may consider doing the same, says Brad Smith, managing director/partner at Vertess.

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