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Durable Medical Equipment Billing

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Eight Ways DME Companies Can Thrive in Tough Times

How DME Companies can thrive in tough times?   Several years ago, durable medical equipment competitive bidding was instituted by Medicare and the impact has been dramatic. Competitive bidding was so disruptive to the healthcare market that over 40 percent of DMEs are no longer in existence. Many smaller DMEs that could not successfully compete […]

DME Companies: Cheer for Possible End to Medicare Competitive Bidding

Unless you’re a healthcare worker using durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) or are a home healthcare company, you probably have no idea what Medicare’s DMEPOS Competitive Bidding Program (CBP) is or how it affects healthcare equipment suppliers and patients. Frankly, it’s been a thorn in the sides of many DMEPOS companies for […]

World Diabetes Day 2018: Caring For Your Diabetes Supplies

Every year 14 November is marked as the World Diabetes Day. As we prepare to celebrate World Diabetes Day in November, ask what you can do to raise awareness, to get diabetics supplies and other related consumables to patients who find their lifeline cut off or disrupted as refuges and displaced people. Educate the patients about […]

Fiscal Year 2019: CMS Releases ESRD/DMEPOS Final Rule

CMS has released its final ESRD/DMEPOS rule, which contains some, but not all of the additional competitive bidding and reimbursement reforms for which HME stakeholders have been calling. On November 1, 2018, the Centers for Medicare & Medicaid Services issued a final rule that updates payment policies and rates under the End-Stage Renal Disease (ESRD) […]

Why Mergers and Acquisitions Provide Solutions for DME Suppliers

Mergers and acquisitions have become a reality in today’s increasingly competitive home medical equipment marketplace. This means smart providers need to understand How M&As work, and how they might ultimate fit into their business strategies? Times are tough for smaller DME suppliers, but the changing healthcare landscape is also impacting larger entities.  Rising costs and […]

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 […]

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 […]