Tag: Capacity
Understanding capacity and demand: Tips for bidding in Round 2021
August 28, 2019HME News Staff
As we head into the final stretch of bidding for Round 2021 of competitive bidding, suppliers across the country are realizing just how different the program is now compared to the past.
One question I hear a lot is: How does capacity and demand influence the payment rate that CMS sets? Since this is one of the most technical—but important!—pieces of the competitive bidding program, I'm here to break it down and help you feel more confident when you go to submit your bid.
In short, the...
Bidding update: Capacity, licensure
November 15, 2013Theresa Flaherty, Managing Editor
BALTIMORE - The financial capacities that contract suppliers submitted as part of their bids don't hold much weight, based on new guidance from the Competitive Bidding Implementation Contractor (CBIC).Contract suppliers must continue to provide equipment and services, even if they're beyond their submitted capacities, the CBIC now states.“If you are getting inundated and being asked to provide five times the products you said you could—there's an argument for that, but it's just not in...