CORAL SPRINGS, Fla. (August 17, 2018)—VirtuOx, Inc., a health care IT company providing diagnostic tools and services to enable health care organizations and professionals to diagnose and treat a variety of disease states, announced the acquisition of Instant Diagnostic Systems (IDS). The transaction was facilitated by VERTESS, a health care M+A advisory firm. K&L Gates, led by attorney Joshua Skora and his team, provided legal counsel to VirtuOx in the transaction.
BRENTWOOD, Tenn. (August 16, 2018)—Compassus, a network of community-based post-acute care services focused on hospice, palliative and home health care, has been named to the Inc. 5000 list of fastest-growing private companies in America for the second consecutive year.
MINNEAPOLIS (August 16, 2018)—Best Buy Co., Inc., a technology products and services provider, announced it has signed an agreement to acquire GreatCall, Inc., for $800 million in cash.
Technology meets lifestyle with new generation of wearables
WATERLOO, Iowa (August 15, 2018)—VGM Group has released a new tool for suppliers to use as they assess where CMS has deemed rural, non-rural and competitive bidding areas to be. The interactive maps include all 50 states and allow providers to determine which category a ZIP code falls under.
(August 13, 2018)—Since inception in March 2007, the 10 Medicare Fraud Strike Force units have charged more than 3,700 defendants who collectively have falsely billed the Medicare program for more than $14 billion, according to the Department of Justice (DOJ). A new force in the Newark, New Jersey and Philadelphia, Pennsylvania region has just been added.
ASHEVILLE, NC (August 15, 2018)—Aeroflow Healthcare, a durable medical equipment provider, announced the acquisition of Med-Caire Inc.’s continuous positive airway pressure (CPAP) resupply program. This business line is designed to replace more patients’ CPAP supplies to support and maintain a high quality of life when relying upon much-needed medical equipment.
ATLANTA (August 15, 2018)—The Brightree Summit will be held once again in conjunction with Medtrade. The summit, Brightree’s one-day user conference will be held October 15 at the Omni Atlanta Hotel and will showcase many of the products and services Brightree offers the HME industry.
SHOREVIEW Minn. and MADISON HEIGHTS, Mich. (August 14, 2018)—Maxwell Healthcare Associates (MHA), a post-acute operational, financial, technological, clinical and regulatory consulting firm and Gateway Coding and Consulting (Gateway), a home health and hospice coding, recovery and appeals company, today announced their alliance.
SAN MATEO, Calif. (August 13, 2018)—Adherium, a digital health platform that focuses on improving medication adherence and patient outcomes, officially launched the Hailie solution in the United States, following its recent Food and Drug Administration (FDA) 510(k) over-the-counter clearance to enable sales direct to consumers.