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Reverse calculators added to industry's bid website

Reverse calculators added to industry's bid website

WASHINGTON - The industry stakeholders behind www.dmecbpeducation.com have added three reverse calculators to the website to help HME providers formulate their bids for Round 2021. They've added “non-lead item calculators” for CPAP and RAD, enteral nutrition and standard power mobility devices to allow providers to enter their bid rates for non-lead items to get bid rates for lead items. “If your rate for the non-lead item results in a bid rate that is above the bid ceiling, you will be alerted that your rate is too high and that you will need to re-enter a lower rate for your non-lead item,” the instructions read. “If your non-lead item bid rate is at or below the bid ceiling, you will not be alerted of any issues.” Stakeholders urge providers to use these industry developed calculators because they include information on bid ceilings, and the percentage and dollar changes from the submitted bids to the average 2019 fee schedule amounts. CMS plans to open the bid window on July 16.

 

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