Tag: Cost Plus
'I am so happy I could cry'
June 28, 2010Liz Beaulieu, Editor
In the July issue, I wrote a story about how the New Hampshire Medicaid program had moved to a cost-plus 10% instead of a cost plus 30% method of paying for certain home medical equipment. The changes was particularly difficult for complex rehab providers. Jan Soderquist, CEO of Rehab Equipment Associates in Manchester, said of providing gait trainers under the payment rules, which the state put in place April 1:
"You'd have to be a mail order provider to be able to do these products at cost-plus...
New Hampshire
June 22, 2010Liz Beaulieu, Editor
CONCORD, N.H. - HME providers in New Hampshire are reeling from a change in the way the state's Medicaid program pays for products that require prior approvals and are manually priced.
Medicaid now pays cost plus 10% instead of cost plus 30% for these products-everything from hospital beds to CPAP devices.
"We're going to have to make some decisions as to whether or not we can continue to support their patient base," said Darryl Coplan, general manager of Keene Medical Products in Lebanon, N.H....