Brief: Infusystem completeS initial assessment of potential impact of SE1609 on business

Infusystem Holdings

02/06/2016 22:21

June 2 (Reuters) - Infusystem Holdings Inc  INFU.A : 
    * Company interprets se1609 as no longer permitting durable 
medical equipment suppliers to submit billings to DME medical 
administrative contractors 
    * Medicare accounted for 20% and 19% of company's total 
revenues for three month period ended march 31, 2016 
    * Estimates transition to temporary alternative billing 
arrangement will have a net reduction to its operating income of 
about $1 million annually 
    * Completed its initial assessment of potential impact of 
SE1609 on company's business 
    * As a result of SE1609, company will now submit the 
billings directly to physicians or hospitals will seek 
reimbursement from Medicare 
    * Currently expects that SE1609 will have no direct material 
impact on majority of patients of company's customers 
 
Source text - (http://1.usa.gov/1r4m1z1) 
Further company coverage:  INFU.A  
 
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