CFO charged with meaningful use fraud
It was just a matter of time before the CMS EHR Incentive audit process uncovered alleged actions so severe that there was nothing left to do but issue Federal criminal …
Interest Rate Increase for Medicare Overpayments and Underpayments
On January 21, the new interest rate on Medicare overpayments and underpayments became 10.25 percent, a 0.125 percent increase. Interest on payments accrues from the date of the initial request …
Weiland Unveils Medicare Choice Act Plan in South Dakota
After traveling to nearly all of the South Dakota’s 300 towns and cities, Rick Weiland says people trust the Medicare system and says for the Affordable Care Act to really …
HME News: Acquisition gives investment firm global footprint
PBM Capital Group, a private investment firm that owns Human Design Capital (HDM), maker of the recently released Z1 Travel CPAP Machine, has acquired Breas, a Swedish maker of home …
HME News: OIG outlines work plan
The Office of Inspector General (OIG) has several new HME-related projects in the works for 2014, including a review of the reasonableness of the Medicare fee schedule. In its recently …
Independence Blue Cross Launching Health IT Incubator in Philadelphia
Health IT has a new homebase in Center City Philadelphia. Health insurance company Independence Blue Cross is opening a 5,000 square foot “Center for Healthcare Innovation” at 1700 Market Street, …
Allegheny Health part of Olympic medical network
Western Pennsylvania’s Allegheny Health Network is one of six health care providers nationwide that can be used by Olympic athletes under the U.S. Olympic Committee’s National Medical Network. The USOC …
Company turning smartphones into low-cost labs raises $1M
Biomeme, a Philadelphia company that has developed technology to turn smartphones into low-cost diagnostic labs, raised almost $1 million in a debt financing. Documents filed with the Securities & Exchange …