WATERLOO, IA – Medtrade exhibitor VGM & Associates has partnered with HME360®, an inventory optimization platform leveraging RFID technology that was built for HME providers by HME providers. This partnership expands VGM’s portfolio of solutions aimed at helping members improve operational efficiency, strengthen financial performance, and gain greater control over inventory management.
Inventory remains one of the most critical and least optimized aspects of the HME industry. Many providers still rely on manual processes, disconnected systems, and limited visibility, leading to lost inventory, unnecessary purchases, wasted labor, and constant reconciliation. Across the industry, this chaos and inefficiency contribute to an estimated annual impact of $4 billion.
HME360 addresses these challenges by introducing real-time visibility and automation into the inventory lifecycle, enabling providers to track inventory across all locations and automate counts, transfers, reordering, and reconciliation, reducing manual work and improving accuracy. With a clear, trusted view of what they have and where it is, teams spend less time tracking down equipment and free up cash for growth. HME360 customers report reducing counting labor by up to 95% and lowering lost equipment charges by 83%, while strengthening partner relationships.
Through this partnership, VGM members will have access to HME360’s inventory optimization platform, providing a clear path to implement real-time visibility and automation across their organizations. This enables providers to move beyond reactive inventory management and begin using inventory as a lever to improve both operational performance and financial outcomes.as part of a broader effort to help providers move from reactive inventory management to a more strategic, performance‐driven approach. By improving visibility and control, providers can use inventory as a lever to support stronger cash flow, improved workflows, and more sustainable growth.
“Technology that simplifies and automates inventory management is essential for the modern HME provider,” said Nick Dideriksen, vice president of Technology for VGM Forbin. “HME360 enables fast inventory tracking and consistent reporting that will help our members improve efficiency and avoid over‐purchasing, ultimately reducing unnecessary costs while supporting better business decisions. This solution fills a key gap in our technology landscape within our GPO.”
“We’re excited to partner with VGM to bring inventory optimization to its members,” said Bryan Hines, president and co-founder of HME360. “Inventory is one of the largest expenses for HME providers, but it’s also one of the clearest opportunities to unlock growth and margin. When you bring real-time visibility and automation into the process, providers reduce waste, capture revenue that would have been lost, and free up cash to reinvest in the business. The margin is already there; it just needs to be realized.”
