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New Tennessee Law Prohibits PBMs from Owning, Operating Pharmacies
Tennessee joins Arkansas in setting down pharmacy benefit manager rules, as CVS sues.

A new bill signed by Tennessee Governor Bill Lee prohibits pharmacy benefit managers (PBMs) from simultaneously owning or operating pharmacies. Lee signed the Freedom, Access and Integrity in Registered Pharmacy (FAIR Rx) Act into law on May 22. A news announcement from the National Community Pharmacists Association (NCPA) noted PBMs and supporters “reportedly spent over…

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Resmed, ŌURA Partner on Sleep Health Education, Care Campaign
The Oura Ring is a wearable device that can track sleep patterns.

Resmed (NYSE: RMD) has partnered with wearables company ŌURA to provide greater patient access to sleep health education and care. “Sleep is increasingly recognized as a key pillar of long-term health, yet it remains widely underprioritized,” Resmed said in a May 19 news announcement. “Early signs of poor sleep are often dismissed, creating a gap…

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HME Business Webinar to Discuss Growth Opportunities, Balancing Risk
The Revenue & Risk webinar, May 27, is free to attend.

A May 27 webinar — HME Business Revenue & Risk — will discuss how home medical equipment suppliers can find expansion and growth opportunities while simultaneously managing reimbursement and policy risks. The webinar, which is free to attend, will feature panelists Gayle Devin (CEO, Home Care Delivered), Brian Bersano (business operations partner, VGM & Associates)…

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NCPA, NGA Launch Main Street Competition Coalition to Defend Small Businesses
The National Community Pharmacists Association and the National Grocers Association are the founding investors.

Small business organizations are sending a strong message to their much larger counterparts: We demand respect and fair treatment. In a May 14 news release, the National Community Pharmacists Association (NCPA) and the National Grocers Association (NGA) announced they’d joined the new Main Street Competition Coalition at a kick-off event in Washington, D.C. The event,…

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SOAR Tops 50 Cosponsors as Respiratory Care Act Continues Momentum
The Supplemental Oxygen Access Reform bill would improve patient access to respiratory therapists and liquid oxygen.

Supporters of respiratory care reform celebrated as the Supplemental Oxygen Access Reform (SOAR) Act (H.R. 2902/S. 1406) passed the 50-cosponsors mark in Congress. In a May 13 news announcement, 13 patient, physician and provider organizations praised the bipartisan support and “legislative momentum” of the bills, which now have 48 sponsors and cosponsors in the U.S.…

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3 Steps to Financial Success in HME Resupply

A sleep care medical equipment provider’s business might be performing well. But “performing well” is not the goal. What keeps business owners up at night is not how well they’re doing, but the dollars they aren’t capturing — and the patients who suffer as a result. “Simply put, there are many places where a provider…

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How HME resupply is evolving with AI

While historically it has been a mostly manual, paper-based business model, the home medical equipment (HME) industry is changing significantly. And artificial intelligence is driving the shift. From predictive patient billing preferences to adherence forecasting for CPAP devices, operational automation and revenue cycle management (RCM), AI is changing the business significantly for those providers that…

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Briefly: Medtrade Owner to Be Acquired; VGM Announces Heartland Keynotes
Featuring Emerald Holding, Apollo, and VGM & Associates.

Medtrade Owner to Be Acquired, Will Join Second Expo Company Emerald Holding Inc. (NYSE: EEX), the company that owns and operates Medtrade, has entered an agreement to acquired by Apollo (NYSE: APO) and will join a second expo company “with the intention to combine the businesses to create a leading North American B2B experiential events…

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