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Medical Equipment

Blue Cross of Illinois to pay Medicaid suppliers less

Blue Cross of Illinois to pay Medicaid suppliers less

Blue Cross & Blue Shield of Illinois plans to cut Medicaid reimbursement rates by 35% for medical suppliers—apparently in an effort to win back business after new enrollees were blocked from the state's revamped Medicaid managed-care program.

GAO calls on CMS to continue prior authorization experiments

GAO calls on CMS to continue prior authorization experiments

The Management of medicine Accountability Office urged the CMS to continue several experiments that require providers and medical equipment suppliers to prove they are meeting certain standards before being paid, as that could save the agency billions.

Providers expect Amazon to lower medical supply prices

Providers expect Amazon to lower medical supply prices

Sixty-two percent of health system executives support Amazon's growing presence in the medical supply sector and nearly the same amount said the company could successfully deliver supplies faster and at a lower price, according to a new survey.

Hill-Rom names new CEO

Hill-Rom names new CEO

Chicago-based hospital bed and medical device supplier Hill-Rom Holdings appointed John Groetelaars president and CEO, effective May 14.

First blood test to help diagnose brain injuries gets U.S. OK

First blood test to help diagnose brain injuries gets U.S. OK

The test doesn't detect concussions and the approval won't immediately change how patients with suspected concussions are treated. But it allows Banyan Biomarkers to commercialize its test, giving the company an early lead in the race to find a way to diagnose concussions.

Hill-Rom Holdings CEO to retire

Hill-Rom Holdings CEO to retire

Hospital bed supplier Hill-Rom Holdings said today that CEO John J. Greisch will retire. The Chicago-based company has begun a search for a new CEO and expects to complete it in the April-to-June quarter.

CMS moves to reduce Medicaid spending on medical equipment

CMS moves to reduce Medicaid spending on medical equipment

The CMS will ask the White House to allow it to evaluate whether states are overpaying for medical equipment in comparison to Medicare rates. Medical equipment providers say the crackdown comes as they are already struggling financially.

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