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What's the polar vortex of HME?

January 9, 2014Liz Beaulieu, Editor

In the past few months, a number of people have emailed me suggesting an HME NewsPoll to get a pulse on the financial health of HME providers in 2013. A good way to do that, they said: Ask providers about their DSO, A/R and patient collection rates. So that's what we did. One of the people who emailed me noted that if a provider has 20+% A/R greater than 60 days old, that means trouble. And wouldn't you know it, so far, the majority of respondents to the poll say they have 20+% A/R...

Accounts Receivable (A/R), Days Sales Outstanding (DSO), Patient collection