(Update below) Or perhaps, why has it taken so long. The homecare market has several business segments, ranging from care services to ambulatory home dialysis, lower value home patient aids, wheelchairs as well as higher margin and faster growing segments like respiratory and diabetic care. One of these segments is sleep therapy. Sleep apnea is [...]
Tag Archives | homecare
Why Invest In Homecare? – Revisited – Blackstone Bids For Apria
Blackstone group has bid a 33% premium to take homecare services and distribution company Apria private. The Blackstone investment is $920 million which is big in the homecare industry although relatively modest in Blackstone terms. All this despite the homecare industry cries of Medicare foul over the what is clearly the biggest pressure on pricing [...]
After Merits, Shoprider – It Is Now Kymco
Just a few days ago we referenced and commented on the changing face of the distribution channel in the homecare industry in the US and Europe. In that article we highlighted by way of example Merits (a general homecare manufacturer) and Shoprider (predominantly a scooter manufacturer). Kymco, a motor cycle manufacturer based out of Taiwan [...]
Pricing vs Reimbursement In The Homecare Industry – And The Competitive Bidding Solution
After all the trauma of the recent deep reimbursement cuts by Medicare, the Office of Inspector General in the United States has found that Medicare, in certain cases pays 35% to 45% more than internet advertised prices for certain power wheelchairs. The industry is quick to protest and will argue “the higher bar” that Medicare [...]
Homecare Industry Relooks at Medtrade and Rehacare
Following shortly on the heels of Sunrise CEO Mike Hammes statement that Sunrise was focusing resources elsewhere in terms of the traditional Medtrade “Spring” show, significant rumor abounds in Europe this week that some “big” companies are seriously considering their options to exhibit at Rehacare – traditionally the largest rehab exhibition outside of the US. [...]
Invacare Appoints Former NATO Commander To Its Board Of Directors
Invacare, struggling, like several of its competitors with reimbursement, Asian sourcing pressure and cost issues has just announced that it has appointed General James L. Jones, United States Marine Corps (ret.) to its board. General Jones has recently retired as Supreme Allied Commander of NATO (North Atlantic Treaty Organization) and Commander of the United States [...]
The Worldwide Homecare Industry Takes A Double Hit – USA And Germany.
Hundreds of millions of dollars (euros) are about to be shaved off the homecare market as new government heathcare restructuring is implemented in arguably the worlds largest and most profitable homecare countries – the United States and Germany. Several other countries also have programs to restructure (read save money) largely at the expense of industry. [...]
US Homecare Industry Update – Lots of News Today
New RAMP report and Invacare, Respironics and Apria announce latest quarter earnings: A new RAMP report has just been issued by the Power Wheelchair Industry: Here’s the headline: Government Data Refutes CMS Claims that Utilization of Mobility Benefit Is on the Rise – Utilization Sharply Declined Since 2003; No Support for CMS Claims of Increases. [...]
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