Issue link: https://read.dmtmag.com/i/36987
38 Databank Medicare Market Marker E1390: OXYGEN CONCENTRATOR HMEDATABANK.COM Region C 282,336 Region D Region B Region A 3/10 4/10 5/10 6/10 7/10 8/10 164,961 140,824 96,555 9/10 10/10 11/10 E0260: SEMI-ELECTRIC HOSPITAL BED 12/10 1/11 2/11 The HME DataBank has the latest Medicare reimbursement data for the top 1,000 HME providers nationally in 103 key product cat- egories, as well as for all of the products in the NCB program. You can determine your market share, look for new product opportu- nities and check out your competition using the latest available Medicare data. Go to hmedatabank.com to learn more. Region C 55,424 data! data! Region A 26,350 HME NEWS POLL “I was approached by a broker that said he had a buyer from another indus- try. He wouldn’t give me any details...nor was he interested in actually see- ing our operation.” —Lori Sears, Active Medical Supply “There is interest in acquiring companies that are small but still have a presence in the market- place.” —Bill Armstrong, American Oxygen Kompany NewsPoll based on 147 respondents. Region B Region D 3/10 4/10 E0601: CPAP 5/10 6/10 7/10 8/10 9/10 10/10 11/10 25,708 24,304 12/10 1/11 2/11 HMENEWS.COM Most viewed stories in June Region C Region D 67,401 40,784 2. CMS takes new approach to fraud Region B Region A 3/10 4/10 5/10 6/10 7/10 8/10 K0001: STANDARD WHEELCHAIR 9/10 35,720 23,741 10/10 11/10 12/10 1/11 2/11 3. OIG slams subcontracting, marketing practices 4. Medicare fraud: A hearing, an audit and a bill 5. Experts Region C 37,778 continue speaking out against bidding program Region D Region A Region B 3/10 4/10 5/10 6/10 7/10 8/10 K0823: POWER WHEELCHAIR Rehab (23.9, 20) Region C 5,411 9/10 10/10 11/10 22,555 19,121 18,976 12/10 1/11 2/11 6. Electric Mobility’s days are numbered OVERALL MARKET HME 1. CareCentrix deals are signs of the times The Braff Group Index HHA How would you describe the buyer? WWW.HMENEWS.COM / AUGUST 2011 / HME NEWS Has a buyer approached you to acquire your company? COMPOSITE HEALTH CARE The second quarter of 2011 was not kind to the TBG Composite Index, as it declined for the third consecutive month. It was down 9.4% for the month and 15.7% for the quarter. Our broad market index also fell in June by 1.6%. The eHealth sector continued its fast pace, posting its seventh consecutive monthly gain and another record index, while the six other sectors that we track declined. The Braff Group Index measures the stock performance of 38 companies in seven key healthcare service sectors — Home Medical Equip ment, Home Health Services, Specialty Phar ma cy, Hos pi tals, Long Term Care, e-Health and Health Care Staffi ng. The Com pos ite Index includes all of the sectors. All stocks were indexed to 100 on Feb. 29, 2000. Source: The Braff Group, 412-833-5733. The RemitDATA Denial Tracker Region D 2,451 Region B 1,889 Region A 1,190 3/10 4/10 5/10 6/10 7/10 8/10 9/10 10/10 11/10 12/10 1/11 2/11 *The Medicare Market Marker provides a monthy look at the number of Medicare benefi ciaries for whom the four MACs have allowed a claims payment. 6/10 7/10 8/10 9/10 10/10 11/10 12/10 1/11 2/11 3/11 4/11 5/11 6/11 Respiratory (14.8, 12.5) DME (17.6, 17.2) The RemitDATA Denial Tracker is an index of the percentage of Medicare and commercial claims rejected on a monthly basis. The most recent month’s data set represents an analysis of approximately 2,140,798 Medicare claims and 1,601,054 commercial claims adjudicated between June 1, 2011, and June 30, 2011. The index is a categorized and weighted analysis of claims fi led by RemitDATA customers. (number of allowed benefi ciaries) (number of allowed benefi ciaries) (number of allowed benefi ciaries) (number of allowed benefi ciaries) (Number of allowed benefi ciaries) SOURCE: PDAC SOURCE: REMITDATA: 901-767-9830 6/10 7/10 8/10 9/10 10/10 11/10 12/10 1/11 2/11 3/11 4/11 5/11 6/11