My projection is that all companies within the Round 2 competitive bidding territories will eventually look at the viability and unsustainable economics of the program and terminate their Medicare participation. The impact of this program ultimately will fall on the shou
The overwhelming question that came to everyone’s mind after the latest single payment amounts (SPAs) were released for Round 2 of competitive bidding was: “What do we do now?” Pundits and providers alike were shocked that the SPAs came in so low.
If you read most business journals or newly released business books, you will see “employee engagement” as a prominent topic. It has become the newest in a long line of business expressions regarding the work environment. What does engagement mean?
I would consider this a logical argument: 1.) Our population is aging. 2.) That population would prefer to stay in the home as long as possible. 3.) Because of this, the demand for home medical equipment will increase.
As a small business owner in the DME industry, I for one think it is about time CMS and Congress recognize the enormous disparity between mail order and non-mail order reimbursements (“Diabetes payments pushed off a cliff,” HME News, February 2013).
A top priority for the complex rehab industry in the new year and new Congress will be the reintroduction of the legislation “Ensuring Access to Quality Complex Rehabilitation Act,” which strives to create a separate benefit category for complex rehab technology.
The first thought that ran through my head when I learned that the payment amounts for Round 2 were, on average, 45% below the current fee schedule, was, “Providers really shot themselves in the foot this time.”