ELYRIA, Ohio (November 8, 2022)—Invacare Corporation will stop producing respiratory products by the end of the year and will focus instead on lifestyle and mobility and seating categories, the company announced Monday.
POCs
WASHINGTON, D.C. (March 19, 2021)—The Centers for Medicare & Medicaid Services (CMS) has published the April 2021 durable medical equipment, prosthetics and orthotics (DMEPOS) fee schedule with the new oxygen rates that excludes the application of budget neutrality. This new change shows 5% to 11% increase in oxygen products across the country.
ATLANTA (October 19, 2018)—Chart Industries, Inc., has signed a definitive agreement to divest its oxygen-related products business within its BioMedical segment to NGK Spark Plug Co., Ltd. (NGK Spark Plug) for $133.5 million. The sale is expected to close within the fourth quarter of 2018, following the satisfaction of customary closing conditions, including regulatory requirements.
CMS's proposed timeline will leave unprepared providers scrambling to catch up
More POCs and transfills plus fewer deliveries equals new possibilities on the horizon
Efficient products and sharp marketing aid retail growth
As reported by Ilene MacDonald with FierceHealthcare, although the Centers for Medicare & Medicaid Services (CMS) continues to tout the success of the Pioneer accountable care organizations, the agency confirmed in an announcement that nine will leave the experimental program. The agency confirmed that Pioneers are abandoning the program, saying that seven did not produce savings and intend to apply to the alternative ACO model, the Medicare Shared Savings Program (MSSP).
A new model is required to succeed in the oxygen delivery industry
A POC program is a great way to diversify your business and provide options to your patients