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Egan Medical Equipment & Supply Logo

Covington Medical Equipment Firm Splits Up Into Retail, Non-Retail Entities

Covington, Louisiana Medical Equipment firm Egan Medical Equipment has split into two different companies that operate independently of each other and no longer share a location. Egan Medical is now strictly retail, and Egan DME is purely non-retail.

 
PRLog - Jul. 16, 2011 - COVINGTON, La. -- Covington, Louisiana-based Durable and Home Medical Equipment provider Egan Medical Equipment has split up into two completely separate companies that operate independently of each other and no longer share a location.

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/PPO reimbursement side of the business.

Egan Medical: Retail Medical Equipment & Supplies

One of the two newly created companies, Egan Medical Equipment and Supply [ Link = http://www.eganmedical.com/ ] is now strictly a retail entity. Egan Medical does business both from its Tyler Street storefront across from St. Tammany Parish Hospital in Covington, as well as on the web at 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/ ] will be offered by both new entities. Other items such as the soft orthopedic braces will be exclusive to Egan Medical, whereas hospital beds will be offered only by Egan DME.

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/ ]. The Medical Equipment Store Blog is a new weblog covering news and developments from the world of medical equipment and devices. The site also offers product reviews and tutorials, as well as reflections written by the manager of a medical equipment/medical supply store.

CONTACT INFORMATION

Egan Medical Equipment and Supply (retail division)
1419 S. Tyler St.
Covington, LA 70433
985-635-4875
info@eganmedical.com

Egan DME
985-893-8005

# # #

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.

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Source:Egan Medical Equipment and Supply
Phone:985-635-4875
Zip:70433
Location:Covington - Louisiana - United States
Industry:Medical, Insurance, Retail
Tags:medical equipment, medical supplies, insurance, Healthcare, Health, medicine, retail, Business, government, hmo, ppo
Shortcut:prlog.org/11587363
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