Medtrade

Conference: Oct. 15 - 18, 2012 l Expo: Oct. 16 - 18, 2012

news — manufacturer/provider

State Licensure Requirements for Competitive Bid Applicants
- Todd A. Moody, JD
AMARILLO, TX - Suppliers submitting a bid for a product category in a CBA must meet all state licensure requirements for the product categories being bid on. more »

Drive Medical Acquires Manufacturer of Independent Living Aids
SOUTH WALES, UK - Port Washington, NY-based Drive Medical has acquired Mountway Limited, a manufacturer and supplier of independent living aids. more »

HME Compliance Webinar Series Starts Jan 25
HARRISBURG, PA - The Pennsylvania Association of Medical Suppliers (PAMS) will begin an ambitious series of nine compliance webinars, with the first starting on Jan 25. more »

When Winning is Losing
- Greg Thompson
MIAMI - Despite winning a competitive bidding contract for oxygen, the financial equation did not add up. more »

Home Accessibility: A Business for the Future?
POTOMAC, MD - Think of the Lincoln Memorial. It's a beautiful building with so many steps. It was not designed to keep so many from enjoying it. more »

Analysis: Calling Medicare Beneficiaries in Response to Physician Orders
- Jeffrey S. Baird, JD
AMARILLO, TX - There has been confusion in the industry regarding whether or not an HME provider can call a beneficiary in response to receiving a physician’s order. more »

Rotech Acquires East Coast HME Companies
ORLANDO, FL - Rotech officials anticipate that these acquisitions will contribute approximately $11 million in projected annual revenue in 2012. more »

Sunshine Rule Casts Light on Provider/Manufacturer Relationships
WASHINGTON, DC - In an effort to increase transparency, CMS proposed a rule last week designed to boost public awareness of financial relationships between drug and device manufacturers and certain health care providers. more »

Medtrade Spring 2012: Registration is Open
LAS VEGAS - Registration for Medtrade Spring 2012 is open. Those who register before 2011 is over can take advantage of a $79 special holiday rate. more »

Hasco Medical Acquires Fla-based Certified Medical and Certified Auto
MOBILE, ALA - Looking to boost its DME business and expand into the wheelchair-accessible vehicle realm, Hasco Medical Inc has acquired Certified Medical and Certified Auto of Ocala, Fla. more »

FDA Consent Decree Likely for Invacare
ELYRIA, OHIO - Officials at the FDA have requested that the Invacare Corp negotiate and agree to a consent decree of injunction. more »

HME Provider is Small Business Person of the Year
CROWN POINT, IN - The Northwest Indiana Small Business Development Center has named George S. Kucka, president and CEO, Fairmeadows Home Health Center Inc, as its Small Business Person of the Year. more »

NCPA Aims to Boost Pharmacy Retail Sales
ALEXANDRIA, Va - Officials at The National Community Pharmacists Association (NCPA) are shining a light on the crucial retail business. more »

Apria and Rotech Post 3Q Reports
LAKE FOREST, CA – For the three months ended Sept 30, 2011, Apria Healthcare Group Inc reported net revenues of $584.9 million, compared to $526 million for the same period last year. more »

ResMed Reports Record Revenue
SAN DIEGO - Revenue for the quarter ended September 30, 2011, was a record $314.8 million, a 12% increase over the same period last year. more »

Maine Provider Gets Boost from Marketing Manager
- Greg Thompson
PORTLAND, ME - Double digit sales growth over the last 3 months has Maine-based HME veteran Jim Greatorex wondering why he didn't hire a retail marketing manager sooner. more »

Retail: Lemonade From Lemons
- Jim Greatorex
PORTLAND, ME - Our company would rather seek alternative revenue opportunities then try to survive with terrible HMO contracts and round two of competitive bidding. more »

Invacare 3Q: Net Sales Up, Organic Sales Down
ELYRIA, OHIO - Gerald B. Blouch, president and CEO of Invacare, told investors last week that the Ohio-based company had delivered a 5% increase in adjusted earnings per share over the third quarter of last year to $0.59. more »

Net Revenues Up, Net Income Down at Lincare
CLEARWATER, FL - Lincare Holdings Inc reported third quarter revenue of $478.8 million, a 13.4% increase over net revenues of $418.7 million for the third quarter of 2010. more »

Drive Medical Acquires Inovo/CHAD
PORT WASHINGTON, NY - Drive Medical has acquired Inovo Inc/CHAD Therapeutics, a manufacturer of oxygen conserving devices, regulators, and other respiratory products. more »

Hill-Rom Agrees to Pay $41.8 million to Resolve Fraud Investigation
BATESVILLE, IN - Indiana-based Hill-Rom Company Inc, known in DME circles as a national manufacturer of beds and support surfaces, has ended a 6-year-old lawsuit by agreeing to pay $41.8 million to settle alleged violations of the federal False Claims Act. more »

Invacare Forges Distributor Alliance with Nonin Medical
ELYRIA, OHIO - Invacare Corp and Nonin Medical Inc have formed a strategic distributor alliance to complement Invacare’s oxygen therapy products through the addition of Nonin’s pulse oximetry solutions. more »

AAHomecare Offers Medtrade Specials
The Medtrade Conference & Expo runs from October 24-27 at the World Congress Center in Atlanta, and AAHomecare members are receiving a discount. more »

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Conference:
Expo:
April 10-12, 2012
April 11-12, 2012

Sands Expo & Convention Center
Las Vegas, NV

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