Aetna increases share repurchase plan to $1 Billion
Hartford health insurer Aetna said its board of directors has authorized the company to purchase as much as $1 billion more of its common stock. The authorization grows the company’s …
Blogs
United Healthcare Advantage program cuts impacting seniors
Connecticut Congresswoman Rosa DeLauro led a fiery discussion on the ongoing impact of cuts in the United Healthcare Medicare Advantage program. More than 2,000 doctors and health care facilities were …
LCD and Policy Article Revisions Announced
On February 27, the Medicare audit contractors announced recent changes to local coverage determinations (LCDs) and policy articles on external infusion pumps, ostomy supplies, and pressure reducing support surfaces. External …
DME Provisions Included in President’s 2015 Budget
President Obama released his 2015 budget this week, and, as expected, provisions targeting DME were included. Two of the prominent provisions suggest using Medicare bid rates for Medicaid reimbursement to …
NC Medicaid Reform Plan Rules Out Privatization
After a nearly yearlong effort, state health officials presented their plan for overhauling the North Carolina Medicaid program, revealing a retreat from plans to offer the $13 billion program out …
Aeroflow Healthcare Expands Patient Base with Air-Care Acquisition
Southeastern-based durable medical equipment (DME) company Aeroflow Healthcare recently acquired Air-Care Home Health, Inc. of Easley, SC. Aeroflow will now be the primary oxygen supplies and service provider for Air-Care …
Highmark Independence merger failed in ‘09
Highmark Blue Cross tried to merge with Independence Blue Cross of Philadelphia in 2009, but concerns raised by the Pennsylvania Insurance Department caused the companies to withdraw the plan. According …
Medtrade Spring Attracting New Blood
Ron Resnick has seen the challenges mount for HME providers across the country. As president of Blue Chip Medical Products Inc, Resnick believes part of the problem is that too …