In brief: Bidding study
From: HME News
WATERLOO, Iowa – Home medical equipment revenues in Iowa could drop by $99.4 million once competitive bidding prices are implemented in 2016, according to a new study. The number of HME providers will also fall, says Ken Brown, a professor at the University of Northern Iowa, who put together the study for The VGM Group. The study also found that, as HME providers go out of business, the impact of competitive bidding will have a ripple effect. Companies that provide services to HME providers, including VGM and Medline, both of which are located in Iowa, will see their … Continue Reading