The result of this embarrassing defeat for Bush is that National Competitive Bidding is delayed for 18 – 24 months. The homecare industry will however concede 9,5% in price reductions on previously awarded NCB products.
When the rollback of awarded contracts will happen has yet to be determined, as will be the numerous law suits that are / will be issued as a result of companies having been awarded, and now denied contract awards.
What a mess.
More from CNN here
About Frank Barlin
Frank is the founder and managing partner at Sibaya. He provides recognized leadership in homecare consulting and has advised firms ranging in size from those listed on the NYSE and the LSE to early stage startups.
Frank’s international experience is broad-based, having spent his professional life based in Europe, the United States and South Africa. Prior to founding Sibaya in 2002 he was European Vice President for a publicly traded healthcare company.
In addition he has held various country general management positions and directorships. Recent home healthcare projects include European business development, acquisition strategy and advice, competitive benchmarking, Asian outsourcing and turnaround management. He works out of the Paris office.