One of the keys to improving CPAP compliance is to understand where the challenges lie. To raise the static 55% compliance rate, providers need to learn about patient issues and set out to correct them, sleep vendors say.
Because billing is the lifeblood of the HME business, having an automated system that enables prompt claims payment and supports other key financial functions is of paramount importance.
As HME providers continually search for business segments outside the scope of Medicare competitive bidding, complex rehabilitation is an option that is being looked at with more interest than ever before.
The future of mobility equipment lies with wheelchairs and scooters and, based on their current situations, it could end up going in different directions, manufacturers say.
The shrinking HME piece of the Medicare pie requires providers to re-engineer their business models to continue serving the marketplace and they are increasingly looking at retail as a viable option.
After listening to the industry’s complaints about the difficulties with reimbursement, excessive paperwork and governmental red tape, HME providers considering adding diabetes to their business mix may think it’s not worth the trouble.
The age of baby boomer retirement and that generation’s need for homecare services is finally dawning and it offers great commercial potential for HME providers ready to expand into home accessibility.
