PHOENIX (March 29, 2022)—Fisher & Paykel Healthcare (F&P) will be showing off its wares at Booth #621 at Medtrade West, scheduled to begin on Monday, April 4 at the Phoenix Convention Center. The Auckland, New Zealand-based F&P recently reported that the company expects full year operating revenue for the 2022 financial year to be in the range of $1.675 billion to $1.70 billion.
BOSTON (March 29, 2022)—Massachusetts Attorney General Maura Healey announced that home health agency Compassionate Homecare, Inc. has agreed to pay $6.53 million to MassHealth to resolve allegations that it billed MassHealth for services that were not authorized by a physician. In addition, up to $375,000 will be set aside for payment of unpaid wages for former Compassionate employees.
AUSTIN, Texas, (March 29, 2022)—CareFlash and Snowline Hospice announced that the organizations have entered into a collaborative partnership that leverages togetherness, empathy and nostalgia to enhance healing and aging journeys, chronic and cognitive illness, even in celebrating a loved one's memory. This agreement provides patients, families and communities access to CareFlash's signature platform, "The Careopolis, A Metropolis of Love and Empathy."
EDEN PRAIRIE, Minn. and LAFAYETTE, La. (March 29, 2022)—UnitedHealth Group has announced plans to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for about $5.4 billion cash value. The acquisition plan calls for LHC Group to combine with Optum Health, an information and technology-enabled health services business. The agreement calls for the acquisition of LHC Group’s outstanding common stock for $170 per share.
WASHINGTON, D.C. (March 25, 2022)—The bipartisan Hospital Inpatient Services Modernization Act is new legislation introduced in both the Senate and House of Representatives that would extend the acute care hospital at home waiver program. Initially introduced in November 2020, during the height of the COVID-19 public health emergency (PHE), the program provides an alternative setting of care for certain conditions, such as asthma, pneumonia and COPD.
SKILLMAN, N.J. (March 24, 2022)—Curasev, a provider of electronic medical record (EMR) solutions for durable medical equipment (DME), home medical equipment (HME) and home health providers, will be launching its academy-style training videos and integration with CardConnect at the Medtrade West 2022 show.
With the planned launch of the academy-style training videos, Curasev seeks to make it easier for HME and DME suppliers to transition from legacy systems.
ST. LOUIS, Mo. (March 24, 2022)—Responsive Respiratory is pleased to announce that Steven Bannon has been named as the company’s president and owner.
Bannon brings a wealth of expertise to this role, having served Responsive Respiratory in a leadership and business development capacity over the last six years since his return to the organization. An experienced business professional, Bannon succeeds Thomas Bannon who will continue to serve as a business consultant for the company.
ELYRIA, Ohio (March 24, 2022)—Invacare Corporation announced the appointment of Aron I. Schwartz, age 51, to its board of directors, effective March 21, 2022. Schwartz currently serves as managing partner of ACON Investments, a private equity firm based in Washington, D.C. Schwartz has a wide range of financial experience in managing and overseeing companies across multiple industries, including companies undergoing strategic transformation.
PHILADELPHIA (March 24, 2022)—Philips was hit with a potential class action last week by a medical device retailer claiming it and others are owed a refund due to lost money because they were unable to resell Philips' CPAP and BiPAP breathing machines, which contained PE-PUR foam.
WASHINGTON, D.C. (March 22, 2022)—The National Association for Home Care & Hospice (NAHC) and a coalition of long-term and post-acute care (LTPAC) and health information technology (HIT) groups have submitted comments to an important congressional task force exploring ways to accelerate innovation in the health care system.