Enter your keyword

Blog

Pharmacy Accreditation: Building Community, Building Credibility

Pharmacy accreditation is not just about revenue streams it’s also about being able to service your community. Many pharmacies are exploring the issue of accreditation. They wonder: What will it take?  Will it be worth the time, effort, and investment? Like other DME retailers, pharmacies that want to sell Medicare-reimbursable products first need to become […]

DME Suppliers: Reinvention Of Your DME

Reinvention is a transformation into a new form of yourself and your business that always requires changes in your approach. People have thrown around the words “re-invent,” “re-imagine,” and “re-purpose” in regards to their career, their life’s goals, their outlook, and their businesses quite a bit in the last decade.  It is considered chic to reinvent […]

How Do I Get Authorize to Sell DME and Bill Medicare?

As a Medicare approved DME supplier, you are in a better position to win sales over your competition. DME suppliers who are not Medicare approved will have difficulty receiving compensation and billing Medicare to help offset the costs of DME sales. According to the United States Department of Labor, employment in the medical equipment industry is […]

Medical Billing and Coding Trends to Look Out for in 2018

For anyone dealing with the medical billing and coding aspect of running any size of medical practice, it’s clear that information about medical billing, coding and financial administration is a powerful asset. Expert organizations like Deloitte projected that between 2015 and 2020, healthcare spending will increase from 2.4% to a whopping 7.5%. Even though the […]

DME Suppliers as the Whipping Boy Of The Medicare Industry

DME suppliers have a target on their backs. It is likely that they are subjected to the most frequent audits of any type of healthcare provider. The CERT (Comprehensive Error Rate Testing) audits seem to be the most frequent. Although DME represents a small percentage of expenditures on healthcare, in 2015 (the last year for which […]

TMA gets through Provider Stability Act Would Protect Healthcare Providers

The Tennessee Medical Association, which represents thousands of Tennessee physicians is pushing for a new state law that would add much needed predictability in contracts between health plans and health care providers. It is our top legislative priority this session and, if passed, will be the first law of its kind in the U.S. The […]

Medical Billing Increasing Collection Potential For DME Providers

Know What Role You Play In Your Providers Success which is specific to DME providers. Anecdotal evidence shows that up to 70% of claims submitted by a medical provider have either missing or incomplete information. These errors could be minor (think name mismatch) or more troublesome like missing Social Security or Medicare numbers that make […]

Everything You Need To Know About New Prepayment Audits

  New prepayment audits strike fear in Medicare providers. Many medical practices accept patients who are covered by Medicare or Medicaid. If you’re one of these practices, you need to know about some updates in these agencies’ auditing processes that can seriously affect your patients and your medical practice.  In 2017, the Centers for Medicare & […]