WASHINGTON, D.C. (August 8, 2016)—A new national poll of nearly 2,000 registered voters over age 65 sponsored by Bring the Vote Home (BTVH) found that a large majority of U.S. seniors oppose a Medicare policy requiring a government contractor to approve claims for physician-prescribed home health care services, which are often recommended by doctors for elderly patients following hospitalization to ensure a smooth transition from the acute setting to the home.
HILLSBOROUGH, N.J. (08/09/2016)—The IRS has extended the date to file for the Work Opportunity Tax Credit (WOTC) Program to September 28, 2016. WOTC is a program that allows companies to get a tax credit for hiring individuals from certain targeted groups as defined by the Federal Government.
SAN FRANCISCO (August 8, 2016)—Honor, one of the fastest growing companies offering high-quality homecare for older adults, announced today it has raised $42 million in Series B funding led by Thrive Capital. Additional investors include 8VC, Andreessen Horowitz, and Syno Capital.
After announcing $20 million in funding in April of 2015, Honor launched service in the San Francisco Bay Area and Los Angeles.
DALLAS (August 4, 2016)—Epic Health Services Inc., a portfolio company of Webster Capital and Dallas-based provider of pediatric skilled nursing, therapy, developmental, enteral and respiratory services, announced today that it has acquired Las Vegas-based Spring View Home Health Care, which offers private duty nursing services for both children and adults, as well as therapy and skilled nursing services for adults.
DALLAS (August 4, 2016)—Epic Health Services Inc., a portfolio company of Webster Capital and Dallas-based provider of pediatric skilled nursing, therapy, developmental, enteral and respiratory services, announced today that it has expanded into Michigan with the acquisition of Pediatric Special Care Inc. Based in Southfield, Michigan, Pediatric Special Care is the only pediatric-focused nursing and home medical equipment company in Michigan.
WASHINGTON, D.C. (August 3, 2016)—Medicare announced that the average basic premium for a Medicare Part D prescription drug plan in 2017 is projected to remain relatively stable at an estimated $34 per month. This represents an increase of approximately $1.50 over the actual average premium of $32.56 in 2016.
CLEVELAND, Ohio (August 3, 2016)—Compass Health Brands is pleased to announce the acquisition of Meridian Medical, a leading manufacturer and supplier of gel overlays, seating/positioning cushions, therapeutic support surfaces, lymphedema systems and respiratory products. Terms of the purchase are not being disclosed.
BRENTWOOD, Tenn. (Aug. 3, 2016)—Numotion has announced a new partnership with SoftWheel to be the exclusive distributor of its in-wheel suspension technology for wheelchairs in the United States. The innovative technology enhances user-ride capabilities, providing extraordinary rigidity and stability for manual wheelchair users, effectively reducing the level of daily pain and discomfort that can result from wheelchair use. SoftWheel by Numotion products will be available to U.S.