Durable Medical Equipment (DME) suppliers have seen an upward trend in the regulation market. The brief history of Home Medical Equipment (HME) federal rules will provide us with an insight to understand the future of equipment’s for the market. In 2016, with the passage of the 21st Century Cures Act, the suppliers will now receive […]
Read More.. Analyzing Home Medical Equipment (HME) Future Beyond 2018Analyzing Home Medical Equipment (HME) Future Beyond 2018
Recent Policy development for Durable Medical Equipment (DME) Billing
The US Healthcare industry in its true sense is passing through a transition period, where each medical specialty is waiting on the fence, to find out if there is any further development to their current regime. In those specialties, the Durable Medical Equipment suppliers are also looking for information and updates that would normalize their […]
Read More.. Recent Policy development for Durable Medical Equipment (DME) BillingCMS Relaxes the Date for CURES Act Changes for Durable Medical Equipment (DME) Billing
CMS has now backed off from the initial date of Dec 31, 2017, and stated that it will work with state Medicaid programs for a different compliance and reimbursement plans. CURES ACT related to Medicaid update was first released in early December. In a view of various physicians and surgeons, CMS has now revised the […]
Read More.. CMS Relaxes the Date for CURES Act Changes for Durable Medical Equipment (DME) BillingTips for Outsourcing (DME) Durable Medical Billing Services
Durable Medical Equipment is a profitable industry that includes only the income for the providers. Insurance companies/Medicare (payers) along with outsourcing medical billing companies act as the needed resources for the DME providers. As we see DME providers reaching out to the payers and regulators for a more transparent payment model we are here to […]
Read More.. Tips for Outsourcing (DME) Durable Medical Billing ServicesIncrease Collection of Durable Medical Equipment (DME) Provider’s
Medical billing and coding is an integral part of your revenue cycle management. It not only concentrates on posting accurate payments but invariable increase the collection of your facility as well. Today, most medical facilities, solo practitioners, healthcare units, and clinics employ dedicated medical billing and coding companies to optimize the entire income cycle. This […]
Read More.. Increase Collection of Durable Medical Equipment (DME) Provider’sA bid program for Durable Medical Equipment(DME)?
Recently the Medicare Payment Advisory Committee (MedPAC) made payment policy recommendations for non-competitively bid Durable Medical Equipment. And if internal reports are to be believed, MedPAC plans to recommend that CMS shift more products away from the excessive fee schedule to bid rates. Also, it plans to call for immediate reduced payment rates for certain […]
Read More.. A bid program for Durable Medical Equipment(DME)?Lacking in AR Management can Harm Your Durable Medical Equipment Revenue
Accounts Receivable (AR) is a key parameter in the financial division of every healthcare facility. It is defined as the money owed by the healthcare facility for the services rendered to the patients. Being a vital aspect of the revenue cycle management, the cash flow of the healthcare facility is directly proportional to the managing […]
Read More.. Lacking in AR Management can Harm Your Durable Medical Equipment Revenue