Tag: Medicare business
80/20 rule turns upside down
April 14, 2016Liz Beaulieu, Editor
When I'm on the phone with someone from outside the HME industry—most likely from an investment firm—he or she often wants to know how big of a player Medicare is in the market.
Ten years ago, when I started working for HME News (who am I kidding, it's probably longer ago than that, actually), I would always cite the 80/20 rule. Traditionally, HME providers relied on Medicare for 80% of their business, and the remaining 20% was a mix of Medicaid, private pay, cash, etc.
Answering that...