The HME Newswire Dec. 21, 2007
Congress grants HME industry a reprieve
WASHINGTON - The industry breathed a sigh of relief last week when a new Medicare bill contained no reimbursement cuts for home medical equipment. But it's going to take a ton of hard work to continue that winning streak in 2008.
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Philips acquires Respironics; Drive expands in Europe
MURRYSVILLE, Pa. - One of the HME industry's largest manufacturers changed hands last week, when Philips Electronics acquired Respironics for a whopping $5.1 billion.
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Home sleep testing gets preliminary green light
BALTIMORE - Coverage for home-based sleep tests inched closer to reality Dec. 13, when CMS recommended changes to its coverage criteria for CPAP.
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Rehab providers 'open up their eyes' to home modifications
WATERLOO, Iowa - U.S. Rehab helped about 70 rehab providers become certified environmental access consultants (CEACs) in 2007 and hopes to double that number in 2008.
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In brief: Fraud sentences, new NRRTS Web site and more
MIAMI - Five providers were sentenced to prison terms last week for billing Medicare $28.6 million for unnecessary home medical equipment and infusion therapy, according to the office of the assistant attorney general for the southern district of Florida.
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