WASHINGTON, D.C. (January 26, 2016)—In order to effectively implement provisions of the Affordable Care Act, the Centers for Medicare and Medicaid Services (CMS) finalized a rule detailing reforms to the rebate and reimbursement systems for Medicaid prescription drugs, which will save federal and state governments an estimated $2.7 billion over five years.
WASHINGTON, D.C. (January 26, 2016)—Many suppliers have been waiting to learn when CMS will adjust the fee schedules for group 3 accessories for power wheelchairs as mandated by the Patient Access and Medicare Protection Act (PAMPA). Unfortunately, CMS has published that the adjustments to the fee schedule will not be available until July 1, 2016.
Industry pressures have required providers to pivot and adapt their businesses at faster-than-normal rates in an effort to counter reduced reimbursements and tougher regulatory requirements
LAS VEGAS (January 22, 2016)—Medtrade Spring is coming soon (about 40 days away), but it’s not too late to find reasonable airfare and book a hotel to Las Vegas. This year’s show is scheduled for February 29–March 2, 2016, at the Mandalay Bay Convention Center.
LENEXA, KS (January 21, 2016)—Mediware Information Systems, Inc. is hosting a free webinar for attendees on Tuesday, February 9, 2016, at 1:00 CT, 2:00 ET, to offer insights on the changing marketplace and the opportunities available to your organization in 2016. The webinar is entitled “The Parallel Avenues to Success, New Opportunities For Today’s Healthcare Entrepreneur.”
CARY, NC (January 21, 2016)—The Accreditation Commission for Health Care (ACHC) announced today that it will host its inaugural charity golf tournament at one of North Carolina’s top-rated golf courses, Brier Creek Country Club, on May 16, 2016. The tournament will offer a fun and challenging environment for players of all skill levers to support two local charity organizations: the Inter-Faith Food Shuttle and Big Brothers Big Sisters of the Triangle.
SAN DIEGO (January 21, 2016)—GreatCall Inc., the leader in creating usable technology for active aging, brings family caregivers peace of mind and older adults a new level of empowerment by combining the health benefits of an activity tracker with the safety advantages of a mobile emergency response service. The introduction of the Lively Wearable by GreatCall is the first step in the development of a wearable health hub for the active aging market.
LONDON, UK (January 21, 2016)—The suspension of the medical device excise tax, which was implemented in 2013 as part of the Patient Protection and Affordable Care Act (PPACA, also known as Obamacare), will have positive consequences for the US medical device market over the next few years, says an analyst with research and consulting firm GlobalData.
WINTER HAVEN, Fla. (January 20, 2016)—3B Medical has made a major commitment to allocate a significant portion of its profits to fund research into proof-of-concept studies in use of adipose derived autologous mesenchymal stem cells.