CINCINNATI—Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S.-based home medical equipment provider, focused on end-to-end respiratory care, today announced its fourth quarter and fiscal year 2023 financial results and operational highlights. These results pertain to the three months and year ended Sept. 30, 2023, and are reported in United States dollars ("$", "dollars" and "US$") and have been rounded to the nearest hundred thousand.
HomeCare News
WASHINGTON—A new Workplace Wellness Survey (WWS) report published by the Employee Benefit Research Institute (EBRI) and Greenwald Research finds caregiving workers are slightly older on average, more likely to work part-time than non-caregivers, stressed about finances and are challenged to juggle work and caregiving responsibilities.
AUCKLAND, New Zealand—Fisher & Paykel Healthcare Corporation Limited (NZX:FPH, ASX:FPH) announced its results for the first half of the 2024 financial year.
LOUISIANA—A Louisiana man was sentenced to three years in prison for his role in a multi-year scheme to bill Medicare and Medicaid for medically unnecessary durable medical equipment (DME).
MIAMI—A federal grand jury in Miami returned an indictment charging a Texas man for his alleged role in a $60 million health care fraud, wire fraud and kickback scheme involving the submission of false and fraudulent claims to Medicare for medically unnecessary durable medical equipment (DME), genetic tests and foot bath medications.
LOUISVILLE, Kentucky—CenterWell Home Health, one of America’s largest providers of home health, has supplied more than a quarter-million meals in its latest drive to feed people in need in the communities it serves around the country.
Thanks to the generosity of individuals and organizations, CenterWell this fall collected food and financial donations equivalent to 289,490 meals, according to Susan Benoit, president of CenterWell Home Health.
KENTUCKY—A class action lawsuit filed in Kentucky on Tuesday, Dec. 12 alleged that Humana illegally used artificial intelligence (AI) to deny patients care owed to them under their Medicare Advantage (MA) Plans.
CHICAGO—The challenges and needs of rural care are well documented, but what too often goes overlooked is how in-home care models can provide proactive and urgent access to care for the frailest seniors. That's why WellBe Senior Medical said it is honored to expand its services into Oregon, including rural areas, to tackle that very issue.
BROCKTON and NORTHAMPTON, Massachusetts—Marking a significant milestone on its 43rd anniversary, family-owned and operated Best of Care, Inc., a Massachusetts’ homecare and care management provider, has acquired Northhampton, Massachusetts-based Barton’s Angels. Known since 1997 for its personalized homecare services in Massachusetts’ Connecticut River Valley, Barton’s Angels will now be part of Best of Care’s network, serving an expanded client base in the region.
OAKLAND, California—Blue Shield of California members now have virtual access to Ornish Lifestyle Medicine, an intensive cardiac rehab program designed to help prevent, treat and even reverse heart disease through lifestyle change.
Heart disease is the leading cause of death in California and across the nation, and the expansion of this program aims to help more Californians improve their cardiac health by providing a virtual access option to a successful in-person program.
SAN DIEGO—ResMed announced the results of a study on the global burden of Chronic Obstructive Pulmonary Disease (COPD) through 2050. Published in the Journal of the American Medical Association (JAMA) Network Open, the study found that COPD prevalence among those 25 years and older is expected to increase by 23% from 2020 to 2050, with the largest growth projected among women and within low- and middle-income countries.
IOWA—On Nov. 1, Iowa Medicaid began coverage of the Firesafe Cannula Valve, making it a reimbursable item with HCPCS code E0700.
WASHINGTON—Centers for Medicare & Medicaid Services (CMS) has published the Consumer Price Index for All Urban Consumers (CPI-U) adjustments for the Calendar Year 2024 DMEPOS fee schedule.
LOS ANGELES—A South Bay woman has been sentenced to 180 months in federal prison for billing Medicare more than $24 million by submitting fraudulent claims for medically unnecessary durable medical equipment (DME)—mostly power wheelchairs (PWC)—and PWC repairs, many of which were never performed, the Justice Department announced.
NASHVILLE, Tennessee—National Seating & Mobility (NSM), a North American provider of comprehensive mobility solutions, has named Crispin Teufel as chief executive officer (CEO). Chuck Bodner, who had been serving as interim CEO, will continue in his role as chief financial officer (CFO).
ESPOO, Finland—Finnish health tech company and remote patient monitoring platform provider Medixine has continued its growth by appointing two key senior personnel. The company’s ongoing expansion in the U.S. is strengthened by new VP of United States operations Josh Parkinson, who will provide enhanced support and facilitate the growth of Medixine’s U.S. customers and partners, with future plans to establish a U.S.-based subsidiary.
OMAHA, Nebraska—WorldView, a provider of health care workflow automation, and Care Coordinations, an advanced communication
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PAWTUCKET, Rhode Island—Ageless Innovation, a global company that aims to reimagining how we positively live and age together through the power of play, announced the promotion of Meghan Gamboa to the post of chief marketing officer, as well as the hires of Celica Costantino, who will lead the company’s retail division, and Khadijah Lewis, who joins the health care team.
SPOKANE, Washington—Vanessa R. Waldref, the United States Attorney for the Eastern District of Washington, announced that Thomas Andrew Webster, M.D., age 50, of Sylvania, Ohio, has been charged by Filing of Information on one count of Conspiracy to Violate the Anti-Kickback Statue in connection with a fraudulent medical supply scheme that targeted elderly Medicare and TRICARE beneficiaries throughout Washington and in other states.