NEW YORK (November 23, 2020)—In the wake of several private treaty bulk sales and an initial single-facility auction, Tiger Group will be conducting online auctions in December for the remaining $7 million in inventories plus other assets from two East Coast facilities operated by American Medical Depot (AMD), a major distributor of medical equipment and supplies that is now winding down its business.
WASHINGTON, D.C. (November 23, 2020)—Today, the Centers for Medicare & Medicaid Services (CMS) finalized changes to outdated federal regulations that have burdened health care providers with added administrative costs and impeded the health care system’s move toward value-based reimbursement.
WASHINGTON, D.C. (November 23, 2020)—Beginning on Jan. 1, 2021, through the VBID Model, participating Medicare Advantage Organizations (MAOs) can voluntarily participate in the Hospice Benefit Component of the Model, according to a November 13 transmittal (10458/CR 12045) from the Centers for Medicare & Medicaid Services (CMS).
WASHINGTON, D.C. (November 23, 2020)—The Home Care Association of America (HCAOA) is excited to announce a new membership benefit called Agency Momentum, a monthly webinar series designed to help agency owners focus on growing their businesses. This new benefit will be available to existing 2020 members and new 2021 members.
DALLAS (November 20, 2020)—Homecare Homebase (HCHB) and eMDs announced an exciting new partnership that will further enhance HCHB’s mission to increase efficiency and empower exceptional patient care. As part of the partnership, HCHB will offer the eMDs Aprima 2015 Certified EHR solution to providers working with patients in hospice and palliative care settings.
CHESHIRE, Conn. (November 20, 2020)—Assisted Living Services, Inc. (ALS) has been honored as an outstanding national workplace by the Great Place to Work Institute, an independent research and consulting firm.
RICHMOND, Va. (November 20, 2020)—Governor Ralph Northam has signed Virginia’s 2021-2022 budget containing an amendment requiring Medicaid Managed Care Organizations (MCOs) to reimburse home medical equipment (HME) providers at a minimum of 90% of the State’s Medicaid fee schedule effective July 1, 2021.
ASHEVILLE, N.C. (November 19, 2020)—Aeroflow Healthcare, a nationwide provider of durable medical equipment (DME), announced a donation of $10,000 to assist in the buildout of a local inclusive playground. This donation will help to fund a local Eagle Scout project aimed at revamping the current playground at Lake Tomahawk Park in Black Mountain, North Carolina.
WASHINGTON, D.C. (November 18, 2020)—The American Association for Homecare (AAHomecare) urged government officials to include DMEPOS suppliers in the Phase 1 Distribution of COVID-19 vaccine for front-line health care personnel.
DALLAS, Texas (November 18, 2020)—Dallas-based AccentCare and Rosemont, Illinois-based Seasons Hospice & Palliative Care (Seasons), along with Advent International, one of the largest and most experienced global private equity investors and owner of AccentCare, announced they have signed a definitive agreement to combine their two robust organizations.