Introduction
I was honored to present at the 2020 HME News Business Summit Sept. 15–17, held, due to COVID-19, in a first-time “virtual” format. My session, “The 14th Annual HME News/VGM Group Financial Benchmarking Survey,” included a series of data, trends, and analysis as to the state of the industry from 2010 to the present, as well as financial and operational highlights from supplier submissions applicable to their 2019 results. One hundred and twenty-five unique HME suppliers responded to the survey request. These entities ranged from smaller, single-location operations to major regional players. We compiled the raw data in a (de-identified) Excel spreadsheet, created a summary PDF “visual” file of the responses, and, in many instances, tracked trend lines from 2010 to 2019 via a PowerPoint slide presentation. Note: You can access this presentation, along with the other 2020 sessions, at hmesummit.com. This report summarizes that presentation, and I encourage readers to contact me with specific questions or requests for additional information/clarification at any time.
Mark J. Higley, MBA Vice President, Regulatory Affairs, VGM Government Relations Mark.Higley@vgm.com 319-504-9515
HME Past, Present, and Future
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