Among the patient population with chronic illnesses, diabetes is the most common catalyst and comorbidity, which makes it one of the most complex and important disorders facing providers. And its growth, gradually rising for decades, continues unabated.
Before jumping into the pediatric market with both feet, HME providers need to make some important considerations about what it takes to be at the top of this difficult, but ultimately rewarding field.
With reimbursement dollars drying up for standard power chairs under Medicare, it’s no surprise that the category is becoming more retail-oriented in scope for mobility providers.
Greater public awareness of obstructive sleep apnea, ongoing technological advancements and stronger patient compliance are all contributing factors in the continued viability of the sleep therapy industry, market specialists say.
The term “billing system” is becoming archaic. The technology that once served as automated claims processing for HME providers has evolved into a virtual control center with multi-dimensional capabilities.
There is no consensus among manufacturers about whether bariatrics should continue to be its own category or whether it should be incorporated into other HME segments.
As the reimbursement landscape becomes more difficult, HME providers committed to the wound care market are apparently turning to cash sales as a way to boost to sagging revenues.
