Features
The Ultimate Crossword Puzzle
Anyone who has spent a Sunday afternoon struggling to decipher The New York Times' crossword puzzle understands the challenges that HomeCare's editors face each year as we compile the home medical equipment industry's latest statistics. Like crossword aficionados everywhere, we know that the answer to No. 2003 Across — “The HME industry is _____” — exists. We read the clues all around us in news stories, market reports and health care studies. We hear the clues when we interview HME experts, attend trade show conferences and receive letters from our readers.
To crack The New York Times' puzzle, one must have a breadth of knowledge. No individual can be an expert in every field, but if he wants to solve the puzzle, then he had better know a few experts — or at least be on a first-name basis with the local librarian. The same is true for HomeCare's annual Facts & Figures feature. In a market that covers everything from sleep-disordered breathing to pressure ulcers, oxygen conservers to compression hosiery, no individual can have all the answers. And of the firms that track general health care trends, only a few attempt to keep up with HME. Even then, the industry's defining statistics often are fragmented or lumped into more general reports.
So to solve No. 2003 Across, this year we tapped all our resources. Pulled from the federal government, industry associations, private research firms, company financial records and our own extensive files, the hard numbers in this HME snapshot offer providers the baseline they need to determine business goals, set strategies and measure performance.
In compiling the following pages, HomeCare's staff found many answers to this year's puzzle. Our research confirms that the HME industry is …
growing
vital
resilient
creative
tenacious.
In 2002, CMS spent a total of $7.7 billion on durable medical equipment, prosthetics, orthotics and supplies.
Source: Centers for Medicare and Medicaid Services
