DME
LIVINGSTON, Tennessee & WHITMORE LAKE, Michigan—Encore Healthcare, a software company specializing in home medical equipment (HME) management, announced a partnership with Trace Medical, a ventilator rentals company, to launch the “Vent360+,” a solution aiming to simplify and streamline the provision of ventilator services for HME providers.
SALT LAKE CITY—Matia Mobility, a durable medical equipment company, has been granted a health care common procedure coding system (HCPCS) code for their “Tek” robotic mobilization device (RMD) by the Centers for Medicare & Medicaid Services (CMS).
IRVINE, California—Masimo, a medical innovation company, announced its partnership with Google to develop a new reference platform for original equipment manufacturers (OEMs) building Google’s “Wear OS” smartwatches. The partnership will incorporate Masimo’s biosensing technologies and standardized smartwatch devices using the Masimo reference platform, enabling OEMs to build and bring Wear OS smartwatches to the market.
NEWARK, New Jersey—A Connecticut man has admitted his role in a multimillion-dollar durable medical equipment (DME) health care fraud and kickback scheme, announced U.S. Attorney Vikas Khanna.
TORONTO, Ontario—Therma Bright Inc., a developer and investment partner in proprietary diagnostic and medical device technologies, announced it's Venowave VW5 has received the permanent health care common procedure coding system (HCPCS) code from the Centers for Medicare and Medicaid Services (CMS).
ATLANTA – Nagaindra Srivastav has been sentenced on conspiracy and kickback charges for his role in selling fraudulent doctors’ orders to his co-conspirators who used the orders to obtain more than $48 million in fraudulent payments from Medicare.
OLD FORGE, Pennsylvania—Golden Technologies announced it launched two new lightweight foldable power wheelchairs, further expanding its current line of mobility products. Golden Technologies' new products include the GP301 Stride aluminum folding power wheelchair and the GP302 Cricket carbon fiber folding power wheelchair.
OLD FORGE, Pennsylvania—Golden Technologies announced it will showcase new products in both the power lift recliner and mobility divisions at Medtrade, the home medical equipment industry’s largest trade show, in Dallas, Texas, on March 29 and 30. The introduction of new technology and comfort features at the show will help retailers discover new ways to drive cash sales with profit-producing products.
LOS ANGELES— AppliedVR, an immersive therapeutics (ITx) company, announced the Centers for Medicare and Medicaid Services (CMS) established a unique Healthcare Common Procedure Coding System (HCPCS) Level II code (E1905) for its flagship product, the RelieVRx program.
ROCHESTER HILLS, Michigan (November 10, 2022)—InfuSystem Holdings, Inc., a national company that facilitates outpatient care for durable medical equipment manufacturers and health care providers, reported record revenue in the third quarter of 2022, based mostly on its integrated therapy services (ITS) business. Overall, net revenues totaled $27.3 million, an increase of 3% compared to the prior year.