"Our philosophy right now is to play it safe," said Richard Lerner, president of Allcare Medical in Sayreville, N.J. "We're keeping our expenses under control, paying down our debt, and watching to see what happens.
We want to be as financially responsible as possible."
Providers cite national competitive bidding; the healthcare reform bill, or "Obamacare" as more than one provider called it; and the possibility of additional cuts to HME as reasons for holding back.
, they're not looking to expand into a larger location even though "we're packed in like sardines," Lerner
"We have 26,000 square feet and we could easily use another 10,000," he
"But what happens if we lose our Medicare business?
Then, instead of 26,000 square feet, we're going to need 15,000."
not looking to spend money on technology, even though, in the long run, it would save them money, Lerner
"We were looking at a fax server, but for our needs, it would cost close to $20,000," he
summed it up this way: "Anywhere where there are capital investments involved, we're holding back where we can.