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Impact of Obama, New Congress a Question Mark for HME

Published Monday, November 10, 2008

ATLANTA — Last week's election of Sen. Barack Obama as the next president of the United States and a stream of new Democrats in both the House of Representatives and the Senate could bode well for the home medical equipment industry—or not. With the 9.5 percent reimbursement reduction set to strike 10 product categories Jan. 1 and implementation of the 36-month rental cap on oxygen the same day—not to mention the continuing threat of competitive bidding—the lives of many HME businesses and the fate of thousands of beneficiaries hang in the balance, advocates said. Who Obama names ...

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