Category Archives: MarketMechanics

Current issue Market Mechanics section

July 2019

DME MAC Issues Reminder about RT and LT Modifier Usage

CGS, the Durable Medical Equipment Medicare Administrative Contractor (DME MAC) for Jurisdictions B and C has issued a reminder regarding billing right (RT) and left (LT) modifiers on separate claim lines. There are 6 device categories related to lower extremity care: ankle-foot/knee-ankle-foot orthoses, knee orthoses, lower limb prostheses, orthopedic footwear, surgical dressings, and therapeutic shoes for persons with diabetes. Continue reading

July 2019

CMS Issues DMEPOS Proposed Rule

The Centers for Medicare and Medicaid Services (CMS) has released a proposed rule containing updates to the Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) regulations. CMS also published a fact sheet outlining several major provisions in the rule, which are summarized… Continue reading

July 2019

Robotic Cane Improves Stability in Walking

A team of researchers at Columbia (University) Engineering have added electronics and computation technology to a walking cane to transform it into a robotic device that can provide light-touch assistance in walking to the elderly and individuals with impaired mobility. A team led by Sunil Agrawal, PhD, professor of mechanical engineering and of… Continue reading

July 2019

Adapttech Gears Up for US Launch

Biomedical startup Adapttech, Birmingham, England, announced that it has appointed Stuart Mead as chairman ahead of the company’s launch in the United States later this year. Mead is the former CEO of Touch Bionics, Livingston, Scotland, and has been appointed for his insight and leadership in the prosthetics sector. Touch Bionics was acquired by Össur, Reykjavik, Iceland, in 2016. Continue reading

July 2019

Össur to Acquire College Park Industries

Össur, Reykjavik, Iceland, has signed an agreement to acquire College Park Industries, Warren, MI, a global provider of lower- and upper-limb prostheses and supporting services. College Park has over 140 employees and shows 2018 total sales of $22 million. Continue reading

July 2019

SIGVARIS GROUP North America Appoints New President/CEO

SIGVARIS GROUP North America, Peachtree City, GA, has appointed Barbara Osborne as president and CEO, effective May 30. She has over 30 years of diverse business experience in the medical device field with focused capacity in general commercial and management roles. She started her career in accounting and has since held roles such as president and… Continue reading

May 2019

Website Helps DMEPOS Suppliers Prepare for Competitive Bidding

A new website, DME CBP Education, brings together publicly available information from government sources to help suppliers of durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) prepare for Round 2021 of the Centers for Medicare & Medicaid Services’ (CMS’) Competitive Bidding Program (CBP). The DMEPOS CBP was established by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA). Continue reading

April 2019

FDA Approves New Osteoporosis Treatment for Postmenopausal Women

The US Food & Drug Administration (FDA) has approved a new treatment for osteoporosis in postmenopausal women presenting with a high risk of fracture or who are intolerant to or have not had success with existing therapies. The drug, EVENITY (romosozumab-aqqg; Amgen), was approved April 9 and became available for shipment to wholesalers in the US on April 15. Continue reading

March 2019

SPS Promotes Weger to VP and General Manager

Hanger, Inc., Austin, Texas, announced that Regina Weger has been promoted to VP and general manager of its subsidiary SPS, Alpharetta, Georgia. Weger has been with SPS for over 20 years, having started her career within the customer service function and taking on additional roles and responsibilities throughout the years. Continue reading

March 2019

APTA, ACSM Formalize New Partnership

The American Physical Therapy Association (APTA) has partnered with the American College of Sports Medicine (ACSM), under the APTA Partnerships program, which seeks to enhance relationships and develop mutually beneficial partnerships with other organizations that share common goals. Continue reading

March 2019

Renowned Orthopedic Surgeon to Lead Foot and Ankle Division at NYU Langone Health

John G. Kennedy, MD, renowned for his work in the surgical treatment of foot and ankle injuries, has been appointed the new chief of the Foot and Ankle Division in the Department of Orthopedic Surgery, and Director of the Foot and Ankle Center at NYU Langone Health. He joined NYU Langone in January, where he holds the… Continue reading

March 2019

$11 million NIH Grant Creates New Center for Musculoskeletal Research

Clemson University, South Carolina, received an $11 million grant from the National Institutes of Health’s Center for Biomedical Research Excellence to launch a new research center that will bring together scientists from across the state to change the way musculoskeletal disorders are diagnosed, treated, and studied. Continue reading

March 2019

CMS Includes 7 OTS Knee Orthoses in 2021 Competitive Bidding Program

The Centers for Medicare & Medicaid Services (CMS) announced that the Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program for dates of service beginning January 1, 2021, will include 7 off-the-shelf (OTS) knee orthoses. Continue reading

March 2019

SIGVARIS Is now SIGVARIS GROUP

SIGVARIS, Peachtree, Georgia, has changed its corporate name and logo from SIGVARIS to SIGVARIS GROUP. SIGVARIS, a 155-year-old Swiss company, manufactures medical compression socks and hosiery with a wide assortment of inelastic wraps and lymphedema garments. Continue reading

March 2019

Wound Healing Clinical & Translational Research Team Receives Grant to Join Diabetic Foot Consortium

The clinical and translational research team at the University of Miami (UM) Miller School of Medicine’s Department of Dermatology and Cutaneous Surgery received a 4-year, $1.7 million grant to become 1 of 6 Clinical Research Units (CRU) in the US to help improve outcomes for patients with diabetic foot ulcers. Continue reading

March 2019

CMS Launches “What’s Covered” App to Guide Beneficiaries

The Centers for Medicare & Medicaid Services (CMS) launched a new app that gives consumers direct access on a mobile device to some of the most-used content on Medicare.gov. The new “What’s Covered” app lets people with Original Medicare, caregivers, and others quickly see whether Medicare covers a specific medical item or service. Continue reading

March 2019

UniSA Creates Recipe for Realistic Foot Ulcers

Podiatrists at the University of South Australia (UniSA), Adelaide, have blended icing sugar, chicken stock, and flexible resin to create realistic-looking foot ulcers as part of a world-first podiatric training initiative. Helen Banwell, DPM, and Ryan Causby, DPM, concocted the mixture, which is being added to 3D-printed feet and is designed to mimic infected and non-infected diabetic foot wounds. Continue reading

February 2019

Bauerfeind, NBA Enter Global Licensing Partnership

Bauerfeind, a provider of sports and medical knee supports, and the National Basketball Association (NBA) have entered into a new, multiyear, global licensing partnership, making Bauerfeind’s GenuTrain NBA an officially-licensed knee support of the league. The knee support became available at sports retail locations and through the company’s website in December. Continue reading

February 2019

Algeos Named Exclusive Distributor for Voxelcare in the UK, Ireland

Algeos, Liverpool, England, a distributor in the orthopedic, orthotic, and prosthetic markets, has been named the exclusive distributor for software and engineering company Voxelcare, Elche, Spain. Voxelcare has 18 years of experience developing industrial applications ranging from special purpose CAD/CAM systems for shoe lasts and custom orthotics, contact and non-contact 3D- and 2D- scanning devices, industrial vision, and CNC systems. Continue reading

February 2019

PDAC Contract Transitioned to Palmetto GBA

The Pricing, Data Analysis, and Coding (PDAC) contract transitioned from Noridian Healthcare Solutions to Palmetto GBA, effective January 15. All transition-related communications are being provided by Palmetto GBA via its website, palmettogba.com/PDAC. The website URL, dmepdac.com, will remain unchanged. While the website design has changed, the same types of information available have remained on this website. Continue reading

February 2019

FDA Approves Knee Implant IDE, Clears Bio-Integrative Bone Fixation Implant

The US Food & Drug Administration (FDA) has approved an Investigational Device Exemption (IDE) application for Swedish-based Episurf Medical’s Episealer personalized knee implant and has granted 510(k) (premarket submission) clearance to Israeli-based OSSIO Ltd.’s bio-integrative material indicated “for maintenance of alignment and fixation of… Continue reading

February 2019

Cybersecurity Takes Top Spot on ECRI’s Annual Health Technology Hazards List

ECRI Institute (formerly the Emergency Care Research Institute) has published the “2019 Top 10 Health Technology Hazards” report as a free service to inform healthcare facilities about generic hazards that may arise from the use of medical devices and systems — all of which can be minimized or avoided. Continue reading

February 2019

Alliance PT Sells LTC Division

Alliance Physical Therapy Management (Alliance PT) , which is backed by GPB Capital, sold its long-term care (LTC) division to HealthPRO® Heritage, a portfolio company of the private equity firm Beecken Petty O’Keefe. The terms of the sale were not disclosed. Continue reading

February 2019

Reinforcement Learning Expedites Tuning of Robotic Prostheses

When an individual is fitted with a robotic prosthetic knee, a practitioner works with that person to modify parameters to specifically accommodate their gait, a process that can take hours. Now, a multidisciplinary team of researchers from Arizona State University (ASU), Tempe; North Carolina State University (NC State), Raleigh; and the University of North Carolina at… Continue reading

February 2019

2019 DMEPOS Fee Schedule Available

The Centers for Medicare & Medicaid Services has made available the 2019 fee schedule for durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS). The fee schedule is effective for dates of service beginning January 1. A 2.3% increase has been applied to DMEPOS items that are not part of the Competitive Bidding Program. Continue reading