What Healthcare Providers Should Know About Competitive Bid for PMD
Medicare’s competitive bidding program has been delayed until 2021, with the possibility of the open window extending even longer than the next two years.
Medicare’s competitive bidding program has been delayed until 2021, with the possibility of the open window extending even longer than the next two years.
As most healthcare suppliers know, Medicare’s competitive bid for all Durable Medical Equipment, Prosthetics, Orthotics, & Supplies (DMEPOS) ended January 1, 2019. CMS expects a new competitive bid process will be completed and rolled out by December 31, 2020. This reprieve gives suppliers a two-year window to gain market share, maximize effectiveness, and improve workflows. [...]
Few things are as critical to the operation of your healthcare business as compliance. Of course, every other facet of your business is important, but unless you’re meeting the required standards of regulatory compliance, you’re jeopardizing the very survival and existence of your entire operation due to the potential liabilities created when compliance takes a [...]
There is no hiding it....the Medicare criteria required for determining patient need for a power mobility device (like a scooter or power wheelchair) is both overwhelming, complex and requires a lot of documentation. The Problem: So Complicated! A power mobility device (PMD) is near impossible to prescribe due to the numerous steps in the [...]