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Showing posts with the label durable medical equipment suppliers

Price Transparency for Durable Medical Equipment

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Price transparency refers to the extent to which information is obtainable. It is when all parties in trading are aware of the product pricing i.e. awareness and knowledge of the bid price and asks price at various price levels, along with the quantities of any good or service involved. This also results in discrepancies in the billing and coding, thus affecting   revenue cycle management. DME refers to equipment such as oxygen supplies, wheelchairs, knee braces, etc. It has to be prescribed by a medical practitioner and the person buys this equipment from a DME provider or sometimes, the doctor himself calls a DME company for delivering it straight to the patient's home. This is where the price transparency has a catch. A knee brace could cost anywhere from a range of $250 to $1500 from two different DME companies. DME billing then gets erroneous due to double bills and unsuitable expenses. Effects of Price Transparency - DME billing takes a course on patients also as sometimes in

How to order DMEPOS items correctly?

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According to the Medicare Program Integrity Manual, Chapter 5 (Things and Administrations Having Special DME Survey Considerations), before you dispense any DMEPOS thing to a beneficiary, you need to have an order from the treating physician. Please note that this article is planned for providers billing Durable Medical Equipment (DME) MACs for Durable Medical Equipment Prosthetics, Orthotics Supplies (DMEPOS) provided to Medicare beneficiaries.  Verbal or preliminary composed orders: Providers may dispense most things of DMEPOS based on a verbal order or a preliminary composed order from the treating physician/practitioner.  Detailed composed orders needed before claim submission: A detailed composed order may be a photocopy, facsimile image, electronic, or pen-and-ink original document. For all things, the provider shall have a detailed composed order prior to submitting a claim.  It needs to have a description of the thing to incorporate all alternatives or additional features that

CMS announcement for durable medical equipment suppliers

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The Centers for Medicare and Medicaid Services (CMS) announced updated guidance regarding several emergency waivers identified with Medicare and Medicaid policies and regulatory updates during this pandemic for durable medical equipment suppliers. The CMS probably will continue to announce supplemental guidance on the sweeping waivers.  Here we have a definite summary of the significant waivers that will influence durable medical equipment suppliers, prosthetics, orthotics, and supplies (DME) and are projected to set up the American healthcare system with maximum adaptability to respond to the public health emergency. These brief changes will remain as a result across the U.S. healthcare system for the duration of the pandemic emergency declaration.  By enacting these waivers, CMS hopes to "put patients over paperwork" to give some relief from the vast documentation work, reporting, and audit requirements. Presently providers and regulators can focus on providing the required