Tag: Epic Health Services
In brief: CMS greenlights CGMs for coverage, Bain Capital makes bolt-on acquisition in pediatric market
January 20, 2017HME News Staff
WASHINGTON - CMS classified “therapeutic” continuous glucose monitoring systems as durable medical equipment in a Jan. 12 ruling.
CMS says CGMs are considered therapeutic and meet the definition of DME if:
. They are approved by the FDA for use in place of a blood glucose monitor for making diabetes treatment decisions (for example, changes in diet and insulin dosage);
. They are generally not useful to the individual in the absence of an illness or injury;
. They are appropriate...
Moneyline: Mega merger announced, Capital buys Epic Health Services, DME Express raises capital
December 23, 2016HME News Staff
MUNICH and DANBURY, Conn. - Linde and Praxair announced their intention to merge on Dec. 20, creating a company with revenues of about $30 billion and a current market value of more than $65 billion.
The two companies have been courting each other, on and off, for two years.
Linde, which bought Lincare for $4.6 billion in 2012 and American HomePatient in 2015, is currently the industrial gas industry's No. 2 player, followed by Praxair at No. 3. Air Liquide SA of France leads the industry.
Praxair...
Bain Capital acquires Epic Health Services
December 20, 2016HME News Staff
DALLAS - Epic Health Services has agreed to be acquired by Bain Capital Private Equity, it announced Dec. 19.
Epic Health Services offers a full continuum of home health services, including private duty nursing, enteral nutrition, medical supplies and behavioral health services for medically fragile children.
“Because of advances in technology and health care delivery, home health care has become a preferred alternative to remaining in a health care facility for children facing difficult...
Technology, need drive growth in enteral market
August 19, 2016Theresa Flaherty, Managing Editor
The enteral nutrition market is having a growth spurt, thanks to a combination of factors that show no signs of slowing down.“Home enteral nutrition is a steadily growing market,” said Noreen Luszcz, national director of the nutrition program for Option Care, one of the largest providers of home infusion therapy in the country. “It's a very large patient population, it is less costly, and it has fewer complications.”It's hard to put an exact figure on the size of the enteral...
Epic Health makes second buy in one week
August 4, 2016HME News Staff
DALLAS - Epic Health Services, a portfolio company of Webster Capital and a provider of pediatric skilled nursing, enteral and respiratory services, has acquired Las Vegas-based Spring View Home Health Care. Spring View offers private-duty nursing services, as well as therapy and skilled nursing services, to the greater Las Vegas area. The deal will add 115 employees. Moving forward, Spring View will be rebranded to Epic Health. Earlier this week, Epic Health announced it had bought Pediatric Special...
M&A: Cape Medical, Epic Health make buys
August 2, 2016HME News Staff
SANDWICH, Mass. - Cape Medical Supply has acquired New England Medical Homecare, a long-time provider of sleep therapy services in Auburn, Mass.
New England Medical's location in Auburn becomes Cape Medical's fourth full-service location and adds Worcester, Middlesex and parts of Norfolk counties to its service area.
“As we continue to explore our strategic options for succeeding in a changing and crowded healthcare market, bringing our industry-leading sleep therapy program to...
Epic Health starts building national pediatric presence
December 22, 2015Theresa Flaherty, Managing Editor
DALLAS - Fast-moving Epic Health Services further embraced the pediatric HME market in October when it acquired Medco in October.The deal allows Epic Health, which offers private duty nursing, to add a diverse array of home medical supplies, including incontinence, diabetes, urological, ostomy and wound care supplies, and further expand its enteral nutrition offerings. The Houston-based Medco, which serves Texas and Louisiana, also has a specialty pharmacy division and offers complex respiratory...
Epic Health makes second buy in two months
October 21, 2015HME News Staff
DALLAS - Epic Health Services, a provider of pediatric skilled nursing, therapy and enteral services, has acquired Medco.The Houston-based Medco is a provider of enteral therapy, respiratory equipment and supplies, including diabetes, urological and wound care, throughout Texas and Louisiana. It also offers specialty pharmacy services.“Medco's and Epic's priorities are aligned, with the patient's well-being and care as our top priorities,” said Chris Roussos, Epic president and CEO in...
Epic Health puts all eyes on enteral
October 21, 2015Theresa Flaherty, Managing Editor
DALLAS - Epic Health Services entered the HME market in a big way in September when it acquired Option 1 Healthcare Solutions and added enteral therapy.“About 90% of our children are actually receiving enteral therapy so it's a natural fit to partner with Option 1,” said Chris Roussos, Epic Health president and CEO. “We thought about how we could deliver a more (complete) service and become a more valued provider for the family, and bring together multiple services to ease the coordination...
In brief: Premiums for Medicare Advantage remain stable, complex rehab stakeholders launch petition
September 25, 2015HME News Staff
WASHINGTON - There won't be a cat-and-mouse game with premiums for Medicare Advantage plans this year.
CMS announced last week that premiums will decrease by about $0.31 next year, from $32.91 on average in 2015 to $32.60 on average in 2016. The agency says the majority of enrollees, 59%, will face no increase in premiums.
“Seniors and people with disabilities continue to experience stable premiums in Medicare health and drug plans,” said Sean Cavanaugh, CMS deputy administrator...