HME News

AUG 2015

HME News is the monthly business newspaper for home medical equipment providers. This controlled circulation publication reaches 17,100 home medical equipment services providers, including traditional HME dealers & suppliers, hospital- and pharmacy-o

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M W W W . H M E S U M M I T . C O M CFO school: Decoding your fnancial statements What should you be looking for in your fnancial statements and how should they infuence your business decisions? For example, is it a red fag when your EBITDA looks good, but there are changes in your cash fow? Using a case study format, we'll look at fnancial statements through the veteran eyes of a panel of fnancial experts. You'll be surprised at what they see—and what it could mean for your businesses. The future is coming. Who's going to pay? Everyone knows that mobile technology and real-time telematics are coming to health care. The big question: How will the cost for the technology be covered or shared? Will consumers or caregivers pay out of pocket? Will providers pick up the tab to improve their outcomes and increase their referrals? Will payers eventually pay because it reduces long-term costs? Dave Gilbert, who developed a technology that allows families to monitor aging relatives remotely, knows the opportunities— and challenges—frsthand. The rise of the disrupters Dan Afrasiabi has served Alaska and other rural states with an integrated and holistic approach to home care. Rich Roberts has grown his company 1,000% in three years by rolling up the assets of more than 100 businesses and creating effciencies of scale. Dan DeSimone has put his clinical staff above "the suits" and has still found a way to come out on top. Chris Cheever has made it his job to be a "disrupter" through various Lean improvement efforts. What do these providers have in common? They're redefning what they do, and in the process, redefning the industry. Find out from these disrupters what it takes to do things differently. Challenge conventional sales methods Are HME providers responding to the changing needs of referral sources? In this new twist on his "Referral Source Speaks" sessions, Mike Sperduti interviews more than 100 referral sources and more than 100 HME providers to fnd out. "I'm seeing a misalignment between the two," he said. "Providers are still doing the same things and the market is

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