Providers
Synapse Health looks to ‘create forward progress’Â
October 11, 2023Theresa Flaherty, Managing Editor
EVANSTON, Ill. – Synapse Health recently added a CTO to its executive team to leverage technology, including a medical rules engine, to streamline the HME ordering process.
The company, which launched in its current form in 2021, currently serves patients in 44 states, processing thousands of orders per day.
“It’s a challenging environment,” said Tony Kilgore, CEO. “From a documentation standpoint, there’s still a lot of manual processes....
Home Care Specialists ramps up accessibility division
October 6, 2023Theresa Flaherty, Managing Editor
HAVERHILL, Mass. – After slowly rolling out a new division, Accessibility Solutions, throughout this year, Home Care Specialists has begun ramping up the business.
The division offers ramps, stairlifts and grab bars, along with installation and permitting services.
“We wanted to get some experience and we did a lot of small jobs – a lot of low and no-profit jobs – and we learned a ton and now we’re starting to click,” says Brian Desmarais,...
Avera Health, OM to open Integrated Service CenterÂ
October 2, 2023HME News Staff
SIOUX FALLS, S.D. – Avera Health, an integrated health system based here, is partnering with Owens & Minor on plans for a 330,000-square-foot commercial building for supply distribution and other services.
The new Integrated Service Center will consolidate eight different locations.
“Serving over 72,000 square miles for our health system comes with logistical complexities, redundancies and challenges,” said Sara Henderson, vice president for supply chain at Avera...
M&A and HME: Down but not outÂ
September 29, 2023Theresa Flaherty, Managing Editor
YARMOUTH, Maine – It’s been a challenging year for M&A in the home medical equipment sector, as broader economic conditions have put many buyers on standby, say analysts.
For buyers – both strategic and investors – higher employee wages and increased delivery costs have made them take a closer look at bottom lines and have decreased their appetite for acquisitions, says Pat Clifford.
“After years of acquisitions, the buyers are kind of taking...
AdaptHealth, Teufel part ways
September 20, 2023HME News Staff
PLYMOUTH MEETING, Pa. – AdaptHealth and Crispin Teufel have agreed to terminate Teufel’s employment contract.
The company had appointed Teufel as CEO in June, with a start date of Sept. 1, but he was sued in August by former employer Linde, which was seeking to block his appointment for an unspecified time. In the lawsuit, Linde alleged breach of contract, breach of duty of loyalty and misappropriation of trade secrets.
In a filing in late August with the U.S....
Best Buy Health, Geisinger partnership ‘makes difference,’ execs sayÂ
September 18, 2023HME News Staff
MINNEAPOLIS and DANVILLE, Pa. – Best Buy Health and Geisinger will expand their work together to bring in-home care for patients with chronic conditions.
Beginning in July 2022, Best Buy Health and Geisinger began deploying specially trained Geek Squad Agents to deliver, install and activate remote care management devices in a program that now involves 300 Geisinger patients. While in the home, agents educate patients on the technology in their care plan, answer questions about...
JB Medical, StrongBow Strategies bring health care to Native Americans
September 13, 2023HME News Staff
WIXOM, Mich. – JB Medical and Strongbow Strategies, a Navajo Native American and women-owned company, have formed Strongbow Health, a new partnership aimed at servicing the health care needs of more than 4 million Native Americans in the United States. 
To start, the companies will deliver affordable DME, diabetes and pharmaceutical products and services to the homes of Medicaid recipients in New Mexico and the Mountain West regions.
"We are creating an ecosystem...
Quipt reaches tipping point with new acquisitionÂ
September 11, 2023HME News Staff
CINCINNATI – Quipt Home Medical has acquired a business with operations in Mississippi, Texas and Louisiana reporting unaudited annual revenues of about $ 9 million and adjusted EDITDA of $2 million post-integration.
The company says the acquisition adds scale with 10 locations, 17,500 active patients, 1,900 unique referring physicians and important insurance contracts.
“The completion of this transaction demonstrates our ongoing patience and discipline as it relates...
Lake Superior feels 'bullish' following fire
September 8, 2023Tracy Orzel
DULUTH, Minn. - Lake Superior Medical Equipment is making a comeback in a new Duluth location after a fire razed the business last year.
When President Tom Jamison bought the company seven years ago after working 25 years as a business litigator, he knew it would be a daunting transition.
“I was somewhat prepared for that,” he said. “But nothing really prepares you for a fire; there's no rulebook out there.”
Everything seemed normal when employees...
As natural disasters increase, so do out-of-pocket costs
September 1, 2023Theresa Flaherty, Managing Editor
WASHINGTON – With weather-related disasters seemingly more frequent and extreme, the HME industry remains frustrated that CMS doesn’t acknowledge the increased costs to DMEPOS suppliers, stakeholders say.
A day after Hurricane Idalia made landfall in Florida, CMS announced flexibilities for affected residents needing HME; it followed the same pattern in the days after wildfires devastated Maui in August. But providers – who go above and beyond – often do so at their...