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According to the United States Department of Labor, employment in the medical equipment industry is expected to increase by 27 percent between 2008 and 2018. The demand for durable medical equipment is not going to slow down any time soon. Items you will need Taxpayer identification number National provider identifier…
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…
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 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…
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…
Are you worried about outsource Medical Billing? Medical billing is a tedious job and it requires a lot of time and efforts to get paid from an insurance company, however outsourcing it to a professional medical billing services provider firm can significantly reduce your burden and save much of your…
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,…
As a successful medical practitioner, If you want your medical practice to keep growing, you need to identify any problems that are preventing that growth and address those issues. That’s what a medical billing assessment is for. What Is a Medical Billing Assessment? A medical billing assessment includes a comprehensive audit that focuses…
A new CMS proposed rule would revise the national competitive bidding program with a blend of smaller, short-term tweaks and larger, more structural changes; provides longer relief for rural and non-competitive bid area providers; and addresses oxygen reimbursement. The Centers for Medicare & Medicaid Services took steps toward changing Medicare’s…
Dual Eligible Beneficiaries may face special obstacles when they try to access services, such as durable medical equipment, that is covered to varying degrees by both Medicare and Medicaid. The Integrated Care Resource Center recently released a briefing titled “Facilitating Access to Medicaid Durable Medical Equipment for Dually Eligible Beneficiaries in…
