WASHINGTON, D.C. (November 5, 2020)—The Department of Health and Human Services (HHS) issued a notice of proposed rulemaking requiring the department to assess its regulations every ten years to determine whether they are subject to review under the Regulatory Flexibility Act (RFA), which requires regular review of certain significant regulations.
FORT WORTH, Texas, (November 5, 2020)—VERTESS a health care mergers and acquisition (M&A) advisory firm, has facilitated 12 significant transactions to date in 2020 despite the many challenges posed by COVID-19. The successes were achieved on both the sellside and buyside within a variety of different healthcare verticals, including behavioral healthcare, durable medical equipment (DME), intellectual and development disabilities (I/DD), and pharmacy.
BIRMINGHAM, Ala. (November 4, 2020)—The DMEPOS competitive bidding program was designed to find competitive rates of reimbursement for DME items, not necessarily the lowest, said John Gallagher, vice president of government relations at VGM & Associates, during a presentation for the 2020 Medtrade Virtual conference.
WASHINGTON, D.C. (November 3, 2020)--The Centers for Medicare & Medicaid Services (CMS) announced that it has finalized policies that allow certain new equipment and supplies used for dialysis treatment of patients with End-Stage Renal Disease (ESRD) in the home to qualify for an additional Medicare payment. The final rule encourages the development of home dialysis machines that will give Medicare beneficiaries with ESRD more dialysis treatment options in the home.
WATERLOO, Iowa (November 3, 2020)—VGM Insurance Services, a division of VGM Group Inc., is celebrating 30 years as a recognized leader in providing specialty insurance programs for a variety of niche industries.
“We’re excited to celebrate such an important milestone,” said Mike Mallaro, VGM Group’s chief executive officer. “VGM Group as a whole has experienced significant growth over the past three decades, and VGM Insurance has been essential to that progress.”
EXETER, Penn. (November 3, 2020)—It began as a discussion, evolving into a reliable and durable product that changes the way mobility consumers see the world. Introducing the all-new Quantum backup camera. This camera has many uses and promotes safety with a rear viewing angle of 170 degrees.
CARY, N.C. (November 3, 2020)—National accreditor Accreditation Commission for Health Care (ACHC) announced the launch of its Distinction in Telehealth for health care providers. ACHC collaborated with Health Recovery Solutions (HRS), a national provider of telehealth and remote patient monitoring solutions, to develop the accreditation distinction.
Patty Mastandrea is CEO of MedCare Equipment Co., LLC, headquartered in Greensburg, Pennsylvania. She has more than 30 years of experience in health care and has demonstrated expertise in business development and health care operations throughout her career.
EL SEGUNDO, Calif. (November 2, 2020)—24 Hour Home Care, an in-home care organization, announced that Grace Care Management will become a part of the company this month. The merger strengthens operational support for clients in the Greater San Diego area and provides access to more caregivers and staff 24 hours a day, which is especially needed during this pandemic. Founded in 2001, Grace Care Management serves the elderly and those in need of professional care in San Diego County.