Author: Terense Kemp
Insurance rate review law saves consumers $1.2 billion
A provision of the Patient Care and Affordable Care Act that requires insurance companies to seek approval before increasing premiums more than 10% saved 6.8 million consumers an estimated $1.2 billion on health insurance premiums in 2012, according to a…
Calhoun announces resignation from Amputee Coalition
The Amputee Coalition announced that its president and chief executive officer, Kendra Calhoun, will be resigning effective August 31, according to a news release. In her new role, Calhoun will serve as senior vice president of marketing and public at…
Study: higher standards of care for O&P services could save CMS money
Medicare patients who received necessary O&P care and services had lower costs in the long term and experienced more independence compared with patients who did not receive O&P care, according to a study commissioned by the Amputee Coalition. The study,…
Researcher receives grant to study amputees in virtual world
A researcher from Nova Southeastern University College of Health Care Sciences. Ft. Lauderdale-Davie, was recently awarded a grant to study how amputees respond in a virtual world. Sandra Winkler, PhD, faculty researcher and assistant professor, received a 3-year grant of…
Ottobock acquires half of Pohlig shares
Ottobock announced that it has acquired 51% of the shares of Pohlig, an O&P provider in Traunstein, Germany. The acquisition continues a longstanding relationship between the two family-owned businesses, and is expected to further strengthen their leadership positions in the…
Össur releases second quarter report
Össur has announced a 3% sales growth, measured in Icelandic currency, for the second quarter of 2013, according to a press release. Sales totaled US $106 million, compared with $103 million in the third quarter of 2012. Gross profit totaled…
Therafirm opens new manufacturing plant
Therafirm, a Knit-Rite company, announced the opening of its new textile manufacturing facility in Hamlet, N.C., according to a company press release. The Hamlet facility, which was relocated from Ellerbe, N.C., offers expanded capabilities and capacity for Therafirm, which specializes…
AOPA and SLACK Incorporated announce AOPA’s purchase of O&P News
WASHINGTON — The American Orthotic & Prosthetic Association has signed a purchase agreement with SLACK Incorporated to purchase O&P News, a longtime media presence in the orthotics and prosthetics community. Peter N. Slack, president and CEO of the Wyanoke Group,…