The decision was made in response to sweeping changes to the number and type of items covered by Medicare and in particular HMO, PPO and other insurance providers.
The company was split-up on the basis of primary method of reimbursement, with one of the new entities focusing on retail sales from its Covington, LA storefront, and the other entity focusing on the Medicare and insurance/HMO/
Egan Medical: Retail Medical Equipment & Supplies
One of the two newly created companies, Egan Medical Equipment and Supply [ Link = http://www.eganmedical.com/
Egan Medical now only accepts credit cards (Visa, Mastercard, AmEx, Discover), debit cards, e-checks and PayPal, as well as cash and checks for in-store purchases. Any patients/customers who call or show up at the store in search of any medical equipment item covered by insurance or Medicare will be referred to Egan DME.
Egan DME: Medicare, Insurance (HMO/PPO)
The other entity, Egan DME, will base its business entirely around products that are covered by most common HMO, PPO, VA, other insurance or Medicare. Any items for which the company will not be reimbursed by the aforementioned payers will be referred to Egan Medical.
While there will be some small degree of overlap in terms of products that both of newly created DME companies will carry, it is not expected to exceed a miniscule percentage of the total number of products offered by each entity. One of the main reasons for this has to do with the fundamental restructuring of Medicare that is taking place as part of the new federal healthcare overhaul. The majority of the products now on Egan Medical's retail medical equipment store shelves were covered by medicare and/or insurance just a few short years ago. However, under the new billing codes, the vast majority of the products are not covered at all by Medicare and most insurance.
Some products like bedside commodes and transport wheelchairs [Link: http://www.transportwheelchairs.net/
Egan DME will carry items such as hospital beds, manual and electric wheelchairs, mobility scooters, bedside commodes and other heavy DME equipment.
Egan Medical offers a more extensive selection of medical equipment and medical supplies. Their retail offerings include products such as the following: Mobility Equipment, Bathroom Safety Equipment, Personal Aids, Diabetic Supplies, Soft Orthopedic Braces & Supports, Nursing Supplies, Monitoring Equipment, Compression & Anti-Embolism Stockings, Vitamins & Supplements and many others.
For more on this story, please visit the Medical Equipment Store Blog [ Link = http://medicalequipmentstore.org/
Egan Medical Equipment and Supply (retail division)
1419 S. Tyler St.
Covington, LA 70433
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Egan Medical is a retail vendor of durable medical equipment, medical supplies, orthopedic braces and supports, compression socks/stockings, mobility equipment and bathroom safety equipment. The company is a subsidiary of Egan Healthcare Services, Inc.
Egan Medical has a physical, walk-in storefront in Covington, Louisiana near St. Tammany Parish Hospital, and also offers shopping via the web through the company's online store at EganMedical.com. Egan's online operation currently offers shipping to all 50 U.S. States and hopes to soon offer shipping to Canada and the UK.