CAPE CORAL, Fla. (December 5, 2017)—Merits Health Products—a manufacturer and distributor of durable medical equipment—has named Kirk Grau as Regional Rehab Sales Manager of central U.S. and Bret Tracy as Regional Rehab Sales Manager of east coast. Merits notes both will work directly with Chris Blackmore National Director of Business and Product Development to further the reach and growth of Merits Products in the United States.
WATERLOO, Iowa (December 5, 2017)—VGM & Associates has announced changes to roles within their leadership team.
Scott Owen will be transitioning from vice president of sales to vice president of contracting. Owen has been with VGM for three years and will now have oversight over its vendor contract division.
Technology improvements and rising costs of care play a factor.
CLEVELAND (December 5, 2017)—Through 2021, revenues for home health care are projected to increase 5.7 percent annually to $104 billion. Growth will be driven by a number of factors, including:
Anticipated savings and benefits to consumers may not result.
ALEXANDRIA, Va. (December 4, 2017)—In a statement, National Community Pharmacists Association CEO B. Douglas Hoey, Pharmacist, MBA, says the announced merger of CVS Health and Aetna may not create its purported cost savings, and that there may be detrimental effects on consumers and community pharmacy providers:
Don't get caught in changing industry standards.
—Via NAHC, WASHINGTON, D.C. (December 4, 2017)—Growth in the private duty homecare industry industry has led to calls for more oversight and regulation and more states are considering legislation to make accreditation for private duty homecare agencies mandatory.
PORT WASHINGTON, N.Y. (December 4, 2017)—Bob Gilligan, former CEO of GE Industrial Solutions, joined Drive DeVilbiss Healthcare as the new CEO today.
Harvey Diamond has assumed the role of Vice Chairman for Drive DeVilbiss Healthcare. In his new role, Diamond will serve as a senior advisor to the company and as a voice to customers, vendors and investors. He will continue to serve as a member of the Board of Directors.
LAS VEGAS (December 4, 2017)—SmartSaver registration rates (the most inexpensive you can get) for Medtrade Spring are officially in effect. SmartSaver rates are considerably lower than later and/or day-of-show rates. The last day to take advantage of SmartSaver rates is December 10, 2017. The spring version of the nation’s premiere HME trade show is scheduled for March 27–29, 2018, at the Mandalay Bay Convention Center in Las Vegas.
TUSCAN, Ariz. (December 1, 2017)—Health care M+A advisory firm VERTESS continues its strategic growth with the addition of Eric Hymes, a respected Durable Medical Equipment (DME) executive, as a managing director.