Bethesda, Md. (May 15, 2017)—Capital One announced today that it served as the agent, joint lead arranger and sole bookrunner for a $250 million senior credit facility—consisting of a $125 million cash-flow-based revolver, a $45 million term loan and an $80 million delayed-draw term loan, for Addus HomeCare.
ATLANTA (May 9, 2017)—New exhibitors are joining familiar names as exhibitors sign on to Medtrade, scheduled for Oct. 23–26, 2017, at the Georgia World Congress Center in Atlanta. “Attendees want new products on the show floor,” said Kevin Gaffney, group show director, Medtrade. “We are attracting those companies—small, medium and large—and there are more to come.”
—Via AAHomecare, WASHINGTON, D.C. (May 10, 2017)—On Monday, CGS, the DME MAC Jurisdiction C and B contractor announced that they are prepared to begin reprocessing claims that are subject to the CURES-mandated fee schedule adjustment. The mass adjustments will be conducted in batches. They will be processing claims five days a week and it is expected to take 24 weeks to complete. Jurisdiction C has approximately 4.7 million claims and is planning to reprocess 40,000 claims per day.
—Via AAHomecare, WASHINGTON, D.C. (May 10, 2017)—AAHomecare continues to press the case for longer-term relief for rural and non-bid area providers, as well as for significant structural improvements to the Competitive Bidding Program with Federal regulators.
NEWPORT BEACH, Calif. (May 9, 2017)—Cure Medical has unveiled the new 16-inch Cure Ultra Intermittent Catheter for men who are seeking an easy-to-use, pre-lubricated catheter that will not kink when it is bent.
The sterile, single use Cure Ultra intermittent catheter for men offers the following features: