BioScrip Announces U.S. Congress Passage of Medicare Home Infusion Transition Benefit, Effective 2019
“The newly passed Medicare home infusion transition benefit is a real win for patients, the healthcare system and home infusion providers, including BioScrip,” said
Based upon the Company’s analysis of the reimbursement provisions included in the Medicare Home Infusion Therapy Access Act of 2017 (H.R. 3163/S. 1738) and the Company’s patient census,
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This press release includes statements that may constitute "forward-looking statements," that involve substantial risks and uncertainties. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. In some cases, forward-looking statements can be identified by words such as "may," "should," "could," "anticipate," "estimate," "expect," "project," "outlook," "aim," "intend," "plan," "believe," "predict," "potential," "continue" or comparable terms. Because such statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Important factors that could cause or contribute to such differences include but are not limited to risks associated with: the President’s ability to veto the legislation, the implementation of the legislation and regulations developed in connection with its implementation, other changes in governmental reimbursement, government regulation, the impact of any future health care reform, the Company's ability to grow its core Infusion revenues, the Company's ability to continue to experience positive results from its financial improvement plan to reduce operating costs; the Company’s ability to comply with the covenants in its debt agreements; the success of the Company’s initiatives to mitigate the impact of the Cures Act on its business; reductions in federal, state and commercial reimbursement for the Company's products and services; increased government regulation related to the health care and insurance industries; as well as the risks described in the Company's periodic filings with the
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