INDUSTRY NEWS
CMS Releases 2025 DMEPOS Consumer Price Index Adjustments Updates
The Centers for Medicare and Medicaid Services (CMS) released its consumer price index for all urban consumers (CPI-U) adjustment updates for calendar year 2025 durable medical equipment, prosthetics, orthotics and supplies fee schedules, the American Association for Homecare reported. Although the CPI-U will increase from 2.4% to 3% in CY 2025, the inflation adjustment will differ depending on whether the DMEPOS item has been included in the competitive bidding program and whether the patient’s zip code is in a former competitive bidding area... Visit Article
Nonin Medical Secures Fingertip Pulse Oximeter FDA Clearance
Nonin Medical, a manufacturer of wearable and noninvasive medical monitoring devices, announced its first Food and Drug Administration-cleared over-the-counter (OTC) fingertip pulse oximeter, the “TruO2.” The device intends to provide accurate readings on adults of all skin tones, empower patients and health care professionals with accurate measurements and allow for better informed health care decisions. .. Visit Article
HHS-OIG Report Reveals $7B in Expected Medicare Recoveries
The Department of Health and Human Services (HHS) and the Office of Inspector General (OIG) released their fall 2024 semiannual report to congress, which found more than $7 billion in expected recoveries and receivables from misspent Medicare, Medicaid and other health and human services funds. The report findings were the result of HHS-OIG investigations and audits conducted during fiscal year 2024... Visit Article
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