Significant Provider Relief Fund Updates: Expanded Eligibility and a Reporting Update
August 15, 2020
AMARILLO, TX – As has often been the case throughout this pandemic, HHS has continued to work behind the scenes to implement the Provider Relief Fund (“PRF”) and its many requirements. After a period of relative quiet since the introduction
News
Legislative/Advocacy
HHS Extends Application Deadline for Medicare General Distribution Funding and Medicaid-Only Funding Until Aug 28
August 8, 2020
WASHINGTON, D.C. – HHS announced Provider Relief Fund changes reopening applications for Medicare-based relief funding and extending Medicaid-based relief application deadline. The new announcement is particularly welcome news for suppliers
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