Tag: Home medical supplies

Q. What is market access and what is the value to me?  A. Pharma and biotech have long recognized the value of investing in market access to enable consumer access to therapies. As of recent, HME manufacturers have begun to invest in internal teams to address coverage and reimbursement restrictions with an overall goal of improving access for end-users. The work may take the form of advocacy on the federal level with CMS or with individual state Medicaid programs to improve coverage or reimbursement...

WASHINGTON – So many payers don’t understand the day-to-day realities of providing medical supplies that it’s up to the HME industry to tell its story and ensure end users don’t lose access, say stakeholders.  AAHomecare in March launched two nationwide surveys – enteral (enteral nutrition, pumps, kits, and/or supplies) and supplies (wound care, ostomy, and/or urological supplies) – to gather information on the rising costs that providers face.  “If...

RICHMOND, Va. – McKesson Medical-Surgical Government Solutions has been awarded a five-year contract by the U.S. Department of Veterans Affairs for medical equipment and supplies.  The contract, used by the VA and other federal agencies, affords greater access to McKesson brand supplies, including respiratory accessories, disposable surgical instruments, hospital clothing, exam tables, adhesive bandages and hundreds of other products.  “Securing this contract represents...

NEWPORT NEWS, Va. – Cardinal Health will install a Swisslog Automation Solution within its new at-Home Solutions distribution center in Grove City, Ohio. The facility is part of the at-Home Solutions business' multi-year strategy to increase warehouse capacity to accommodate its rapid growth. The AutoStore solution, empowered by Swisslog, has 31,844 storage bins providing 83,000 cubic feet of storage for 14,154 SKUs. The solution operates on synchronized intelligence from Swisslog's...

ORANGEBURG, N.Y. – Dynarex Corp. is proud to announce the 2023 “We Care Like Family” Scholarship — Distributor Employee Program. Dynarex will award more than $5,000 to assist students pursuing educational opportunities in the medical field and other areas of study. The scholarship is open to the children of all employees of active Dynarex distributors. “This exciting scholarship program will help supplement tuition and other expenses associated with post-secondary education—such...

 WALTHAM, Mass. – Great Elm Group has sold its DME business, Great Elm Healthcare, to QHM Holdings, Inc., a wholly owned subsidiary of Quipt Home Medical Corp., for $80 million.  GEG has also announced it has sold a majority of its ownership interest in Forest Investments, Inc. to J.P. Morgan Broker-Dealer Holdings Inc., for approximately $18 million.  “The successful sale of our DME business and the recently announced Forest transaction are transformative for Great...

WASHINGTON – Stakeholders are urging the HME industry to press lawmakers to include reimbursement relief in any end-of-year legislation.  With the mid-term elections over, Congress is turning its attention to a year-end omnibus bill that will include language to extend the debt ceiling and keep the government funded.  As leadership on key committees of jurisdictions negotiate on what measures to include in the bill, it is critical that the HME industry make its collective voice...

SAN FRANCISCO – Better Health, a national chronic condition support and medical supply provider, is now in-network for Medicare Advantage customers of Cigna. "We are thrilled that Better Health is now available as an in-network provider for Cigna’s Medicare Advantage members,” said Naama Stauber Breckler, Better Health co-founder and CEO. “Identifying the unique needs of people with chronic conditions who are dependent on medical supplies, we modernized the entire process...

RICHMOND, Va. – Owens & Minor’s Patient Direct business saw double-digit organic growth across all categories in the third quarter, say company execs.   The Patient Direct segment includes sleep, diabetes, urology, ostomy, and continence and wound care products and supplies.  “The synergies we are generating within our Patient Direct business are tracking ahead of expectations,” said Alex Bruni, executive vice president and CFO, during a recent call to discuss...

RICHMOND, Va. – Owens & Minor reported revenue of $594 million for its Patient Direct segment, a 142% increase.   “I am very pleased with the performance and operational execution throughout all aspects of the Patient Direct Segment, including the capture of increased CPAP opportunities, and overachievement of acquisition synergies,” said Edward Pesicka, president and CEO. “This exceptional performance was supported by deep adoption of the Owens & Minor Business...