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Tag: competitive bid pricing


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Providers hold back on products, services

January 22, 2016Theresa Flaherty, Managing Editor

YARMOUTH, Maine - January brought with it the cold, hard reality of reduced Medicare pricing nationwide and providers are bracing themselves for storms ahead.“We have reduced our footprint and we have reduced what we are offering in certain areas,” said Mike Calcaterra, northern zone vice president for Boise, Idaho-based Norco, which has locations in in Montana, northern Idaho, and central and eastern Washington state. “Liquid oxygen is something we are holding back on. Under the...

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Industry now has full view of bid pricing

November 25, 2015HME News Staff

WASHINGTON - CMS last week released revised fee schedule amounts for 11 product categories in non-bid areas as part of its upcoming national roll out of competitive bid pricing on Jan. 1, 2016.CMS has developed fee schedule amounts for non-bid areas in two ways: the average pricing in the competitive bidding areas in the region for regional areas; and the national weighted average plus 10% for rural areas.For oxygen concentrators, for example, that means a 24% reduction in reimbursement, on average,...

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