Dedicated Financing: Bringing Essential Equipment within Reach

With rising insurance premiums, increasing deductibles, and continual growth in out-of-pocket costs across the board, consumers today may face severely strained budgets when it comes to healthcare purchases. For the purchase of mobility devices, beds and support surfaces, oxygen, apnea devices, and other home medical equipment, this financial crunch can be especially troubling.

Sleep-related equipment providers in D.C. area had major win.

WATERLOO, Iowa (March 28, 2018)—VGM recently helped solidify an important win for providers of sleep-related equipment in Maryland, D.C. and Virginia.

VGM took action after members raised concerns over a letter received from CareFirst BlueCross BlueShield. In the letter, CareFirst notified providers of its intentions to reduce the number of durable medical equipment providers participating in the network authorized to dispense CPAP equipment.

Home health companies must comply with Conditions of Participation.

WASHINGTON (March 27, 2018)—The Centers for Medicare & Medicaid Services (CMS) announced the continued recognition of the Community Health Accreditation Partner (CHAP)'s home health accreditation for use by home health agencies to demonstrate compliance with the Medicare home health Conditions of Participation (CoP). The renewal of CHAP's recognition is effective through March 31, 2024. The announcement is published in the Federal Register Vol.83, No. 57/Friday March 23 2018 pp.

LAS VEGAS (March 27, 2018)—At Medtrade Spring in Las Vegas, Nevada (March 27-29), Royal Philips, a provider of health technology, announced the launch of DreamWear Full face, the third mask option available for its award-winning DreamWear mask system. Philips Respironics used the company’s proprietary design tools to analyze facial data from thousands of 3D scans to create a design that prevents red marks, discomfort, and irritation on the nose bridge.

NEW YORK and CAESAREA, Israel (March 26, 2018)—Digital health company DarioHealth Corp. received FDA pre-market notification (510(k)) clearance for the company’s Lightning-enabled (3.5mm headphone jack) version of the Dario Blood Glucose Monitoring System. This news opens a significant U.S. market opportunity and enables the use of the Dario app on iPhone 7, 8 and X smart mobile devices (SMD).