News
Respiratory/Sleep
4Q Revenue and Profit Up at Medtrade Exhibitor ResMed
August 8, 2020
SAN DIEGO – Revenue at ResMed Inc. increased 9% to $770.3 million; up 10% on a constant currency basis. The quarter ended June 30, 2020, also saw net operating profit increase of 84%, with non-GAAP operating profit up 24%. Revenue increased 13% to
News
General Healthcare
Stock vs. Asset Purchase: Pros and Cons
August 8, 2020
AMARILLO, TX – Assume that (i) John Smith owns ABC Medical Equipment, Inc., which is located on Main Street, (ii) Jim Johnson owns XYZ Medical Equipment, Inc., which is located on Elm Street, and (iii) Smith wants to purchase XYZ. Smith has two
Medtrade Exhibitor Prochant Expands Into Infusion Pharmacy
August 8, 2020
CHARLOTTE, N.C. – Medtrade exhibitor Prochant is expanding into the infusion pharmacy market. The company now offers its billing and process outsourcing solutions to infusion pharmacies and current HME provider clients that administer infusion ther
News
Legislative/Advocacy
PHE Extension Maintains Broad Range of Positive Impacts for HME
August 2, 2020
WASHINGTON, DC – The renewal of the COVID-19 Public Health Emergency (PHE) declaration for another 90-day term means that reimbursement rate relief delivered through the CARES Act and relaxed regulations/requirements granted by CMS, state Medi
News
Legislative/Advocacy
House CB Delay Sign-on Letter Garners 101 Signatures
August 2, 2020
WASHINGTON, DC – The Congressional sign-on letter urging CMS to delay the Competitive Bidding Program in light of the current COVID-19 Public Health Emergency closed with 101 House members endorsing a delay. The result is especially impressive
Closed Insurance Panel: Responsive Steps
August 2, 2020
AMARILLO, TX – The DME industry, as we know it today, began in the 1970s. Because DME suppliers primarily serve the elderly, the industry has always been dependent on Medicare. Historically, the DME industry was a Medicare fee-for-service (“F