VGM & Associates and HME News are working together again to administer the HME Financial Benchmarking Survey, they announce.

This partnership brings the two entities together to offer one survey for providers to share their business data for benchmarking purposes.

“This is the fourteenth annual survey,” Mark Higley, vice president, regulatory affairs for VGM Government, says in a media release.

“While yearly survey results provide a ‘snapshot’ of the current state of the industry, more importantly, we are able to observe trends and patterns, which are so valuable to those in the industry considering potential growth opportunities and perhaps a change in direction. This valuable information provides a baseline to measure and establish benchmarks from which to compare results.”

The survey is available online and is open only to providers of home medical equipment. Survey results will be available for free to participating providers and will be presented and analyzed during the virtual HME News Business Summit later this year, per the release.

The deadline to complete the survey is July 15, 2020.

[Source: VGM & Associates]