BALTIMORE, Maryland (July 8, 2015)—CMS released the first proposed update to the physician payment schedule since the repeal of the Sustainable Growth Rate through the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
The proposal includes a number ofprovisions focused on person-centered care, and continues the Administration’s commitment to transform the Medicare program to a system based on quality and healthy outcomes.
LENEXA, Kansas (July 6, 2015)—Mediware Information Systems Inc., a provider of comprehensive post-acute care health care software, announced the immediate availability of an integrated patient pay solution for users of their CPR+ pharmacy software.
PITTSBURGH, Penn. (July 9, 2015)—Rotech Healthcare Inc. (Rotech) announced it has purchased the respiratory equipment assets of Alert Medical in Ft. Myers and Naples, Florida.
“The momentum continues,” said Tim Pigg, CEO of Rotech. “We are thrilled to be expanding our footprint in these service areas.”
Duckridge Advisors served as the M&A adviser to Alert Medical.
BOSTON, Mass. (July 7, 2015)—Think Global recently recognized Brownmed as one of six "Exporter of the Year" award winners in its most recent issue of Exporter USA magazine. Among other factors, winners were selected based on “total number of documented export deals completed, the company’s commitment to exporting and the company’s innovation and originality in marketing products or services.”
RICHMOND, Virginia (July 6, 2015)—Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of TIDI Products, LLC (TIDI) a portfolio company of J.H. Whitney Capital Partners (J.H. Whitney) to RoundTable Healthcare Partners (RoundTable).
DAVISON, Michigan and ATLANTA (July 6, 2015)—Universal Software Solutions announced a partnership with Prometheus Group, an outcomes-based billing services provider. The partnership will benefit health care providers using Universal Software Solutions’ Healthcare Data Management System (HDMS) in the home health care markets of DME, home infusion, pharmacy and mail order.
PHOENIX, Ariz. (July 9, 2015)—Vantage Mobility International (VMI) recently honored Tiger Desmarais with a Lifetime Achievement award for his 20 years of service to the organization and the mobility industry. Along with a key to the company, VMI surprised Tiger with a new silver 2015 Toyota Sienna with their patented Northstar Access360 conversion.
WASHINGTON, D.C. (July 6, 2015)—With less than three months remaining until the nation switches from ICD-9 to ICD-10 coding for medical diagnoses and inpatient hospital procedures, The Centers for Medicare & Medicaid Services (CMS) and the American Medical Association (AMA) are announcing efforts to continue to help physicians get ready ahead of the October 1 deadline.
WASHINGTON, D.C. (July 9, 2015)—The newest version of the 21st Century Cures bill now includes language to extend the CMS power wheelchair prior authorization demonstration. With the current demonstration ending this August, the new provisions would extend the demo through at least Aug. 31, 2018, and add more states, power mobility devices and accessories.
