Tag: Value-Based Care
Walgreens, Pearl Health expand value-based care
September 13, 2023HME News Staff
DEERFIELD, Ill. & NEW YORK – Walgreens and Pearl Health, which offers technology and insight solutions that it says empowers clinical teams to provide holistic, personalized treatment, have formed a partnership to accelerate the expansion of value-based care in collaboration with community-based primary care physicians. Walgreens, a division of Walgreens Boots Alliance, will provide complementary services, including prescription fulfillment, medication adherence, immunizations, care gap closure...
In brief: Lincare settlement, value-based vs. fee-for-service, Beyond HME COO
August 30, 2023HME News Staff
SPOKANE, Wash. – Lincare has agreed to pay $29 million to resolve claims that it violated the False Claims Act by overbilling Medicare and Medicare Advantage, according to a press release from Vanessa Waldref, the United States Attorney for the Eastern District of Washington.
The settlement requires Lincare to refund wrongful payments made by Medicare beneficiaries and sets up accountability measures to prevent future fraudulent billing.
In the settlement announced Aug....
Study: Consumers unclear on value-based vs. fee-for-service
August 28, 2023HME News Staff
NEW YORK – Employers and consumers are unclear of the difference between value-based care and fee-for-service payments, but when given the definition of value-based payments, prefer it, according to a study from EmblemHealth, a nonprofit insurer.
"The survey data and information from our research demonstrate that both employers and consumers overwhelmingly prefer value-based care to fee-for-service payment models when they better understand the differences between each model,"...
Health care ‘transformation’ drives infusion marketÂ
June 2, 2023Theresa Flaherty, Managing Editor
YARMOUTH, Maine – As value-based care gains steam, home infusion companies are increasingly making moves to bulk up their size and offerings, say M&A analysts.
“All of these folks are positioning to be a solution for value-based care, and no one is sure how it will shake out, but they know they need to partner with someone to get bigger in order to be attractive to payers,” said Pat Clifford, managing director, home medical equipment, for The Braff Group.
The biggest,...
Allen Hunt on the shifting role of the HME provider
May 17, 2023Theresa Flaherty, Managing Editor
Allen Hunt is president of Hart Medical Equipment, a growing company with shared ownerships by several health systems throughout Michigan and Northwest Ohio. That gives him a bird’s-eye view into what’s happening within those health systems and where the HME provider fits in, he says.
“We have an opportunity when the time is right to have a seat at the table and talk about how DME can be part of the solution,” said Hunt. “If you’re talking about saving...
The ‘struggle’ is real: Where does HME belong in value-based care?Â
March 29, 2023Liz Beaulieu, Editor
DALLAS – Value-based care is a term that has been tossed around in health care for a while now, yet it’s still in the “early stages,” especially when it comes to the role of HME providers, said panelists during a session at Medtrade on Tuesday.
“You’re not the only ones struggling to define this,” said Allen Hunt, president of Hart Home Medical Equipment, a health-system owned, full-line HME provider based in Grand Blanc, Mich. “Health systems...
Viemed invests $2M in value-based care platformÂ
January 16, 2023HME News Staff
LAFAYETTE, La. – Viemed Healthcare has made a strategic investment in ModoHealth, a value-based care and patient management platform connecting payers, patients and post-acute providers.
ModoHealth expects to use the proceeds of the investment to fund the expansion of its proprietary patient management network, which combines clinical tools, remote patient monitoring, data analysis and patient-centric engagement.
“We are incredibly excited to partner with the team at...
Being an early adopter, betting on providers and taking a consultative approach
November 7, 2022Liz Beaulieu, Editor
The recent HME News Business Summit, Sept. 18-20 at the Westin in downtown Nashville, Tenn., was the best yet.
Here are some snippets from the event that I think are worth highlighting:
On hospital-at-home: Medically Home’s Doug Clarke, formerly of CMS, says the COVID-19 pandemic and the resulting transition of more care to the home has helped to eliminate a number of barriers to adoption. Previously, hospital-at-home didn’t take off at the agency because physicians were concerned...
Investment in Tomorrow Health demonstrates value of HME
July 8, 2022Theresa Flaherty, Managing Editor
NEW YORK – With a new $60 million investment under its belt, Tomorrow Health plans to “double down” on its partnership with the HME industry, says CEO Vijay Kedar.
“This funding is a demonstration of how valuable the HME industry is and will be toward transforming health care overall and that’s what investors are motivated by,” he said. “Our focus and our intention is to be the best possible partner to HME suppliers big and small and to enable them...
Porter creates roadmap for comprehensive home care
July 1, 2022Theresa Flaherty, Managing Editor
MIAMI – With his background in primary and urgent care settings, John Criswell saw firsthand how broken the health care system is, but when an injury in 2020 forced him to navigate it as a patient, he knew, “It has to be better.”
So, he created Porter, a technology platform to connect members with products and services to manage recovery at home, recently launching a website, www.helloporter.com.
“One of the first questions a patient asks is, ‘How soon...