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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Post by besttobeon Dec 02, 2021 12:19pm
173 Views
Post# 34190574

reimbursement cuts HME article

reimbursement cuts HME article

AAH: ASK LEGISLATORS TO STOP 4% MEDICARE CUT

WASHINGTON – AAHomecare is calling on stakeholders to contact their members of Congress this week to ask them to prevent broadly applied “deep” Medicare cuts for 2022. 

The potential cuts stem from the application of pay-as-you-go (PAYGO) legislation that was enacted in 2010. 

“If not addressed, PAYGO provisions would trigger automatic cuts across a range of federal programs to cover recent deficit spending increases – in this case, red ink incurred via the $1.9 trillion American Rescue Plan relief package,” the association wrote in a bulletin. “Under the current scenario, the broadly applied Medicare reimbursement cut for health care providers would be 4%, starting in FY2022.” 

AAHomecare has been part of coalition efforts to address this issue since early 2021. 

Specifically, the association is calling on stakeholders to ask their members of Congress to join efforts to include language waving the PAYGO requirements in continuing resolution legislative packages that could move as early as this week. 

It’s also calling on stakeholders to ask them to support extending the current pause to the 2% Medicare sequester cuts that was originally granted in April 2020 and is currently set to expire at the end of this year. 

“It was surely not Congress’ intent to finance COVID-19 relief measures through deep Medicare cuts for health care providers who are currently going all-out to protect patients and prevent a resurgence of the virus nationwide,” AAHomecare wrote.


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