Medtrade 2023 took place in Dallas for the first time since it was announced it would be held once, instead of twice a year.

DALLAS, Texas—The first “annual” Medtrade took place in Dallas from March 28 to 30. Before the Dallas edition of the show, the largest home medical equipment trade show in the U.S. was held twice a year at “East” and “West” shows. However, in 2023, the conference officially merged, becoming one large central show that will be held once a year.

Birmingham, ALABAMA—A new report released last month by the National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) found that Medicare spending for patients who received hospice care was some $3.5 billion less than it would if they had not gotten that care. HomeCare talked with NAHC President Bill Dombi about the report and why getting Americans on board with hospice is so important. 

Masimo Opioid Halo, an opioid overdose prevention and alert system, will be made available over the counter.

IRVINE, California—Masimo announced that Masimo Opioid Halo, an opioid overdose prevention and alert system, has been granted a De Novo by the FDA, making it the first and only FDA-cleared monitoring solution for detecting opioid-induced respiratory depression, the leading cause of death from opioid overdose. With the De Novo, Masimo also becomes the first winner of an FDA Opioid Innovation Challenge to have an authorized solution designed to help solve the U.S. opioid crisis.

CMS will phase in certain updates, and on average, CMS said it anticipates a payment increase for MA plans of 3.32%

The U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), released the Calendar Year (CY) 2024 Medicare Advantage (MA) and Part D Rate Announcement that finalized payment policies for these programs. According to HHS, the final policies in the Rate Announcement aim to improve payment accuracy and ensure taxpayer dollars are well spent.

CRT providers benefit from purpose-built billing and business management systems

AKRON, Ohio—ACU-Serve, an end-to-end revenue cycle management company, announced the company has signed an agreement with Nymbl Systems, software solutions that aim to deliver better business outcomes for those who enable better health and mobility. The two companies are working together to fill the void for purpose-built automation systems that meet the uniquely complex billing and business management requirements of complex rehab therapy (CRT) providers.    

NAHC critiqued CMS's attempt to communicate to stakeholders about the payment rates

Washington, D.C.—In response to a requirement of the Consolidated Appropriations Act (CAA), 2023, the Centers for Medicare & Medicaid Services (CMS) presented data used to determine Medicare home health payment rates for calendar year (CY) 2023, including the permanent and temporary rate adjustments calculated under the Patient Driven Groupings Model (PDGM) “budget neutrality” requirements.