Tag: Prochant

CHARLOTTE, N.C. - Prochant is applying its “existing capabilities” in the HME market to the pharmacy and home infusion markets, and charging Jon Love, its new vice president of business development, with leading the way.It's the first expansion into another market for the company, which got its start in HME in 1999, says Joey Graham.“We're leveraging the existing capabilities that we have, with full-service billing and staff augmentation, and the revenue models and specialized solutions...

CHARLOTTE, N.C. - Prochant now offers its billing and process outsourcing solutions to infusion pharmacies and current HME provider clients that administer infusion therapies. “We are excited to start our work with pharmacy providers,” said Joey Graham, general manager and executive vice president. “With the COVID-19 crisis, infusion pharmacies play a more important role in health care than ever before. Prochant is ready to help these overwhelmed providers manage their business...

CHARLOTTE, N.C. - HME resupply is a smart solution for operating in the new normal, according to a new best practices white paper published by Prochant. Key building blocks to a strong resupply program include engaging patients early, educating referral sources and partnering with outreach vendors, the company says. “Profitable and stress-free resupply programs are born out of opportunity and preparedness,” says Rachel Schools, senior consultant, who contributed to the white paper. “In...

The “social distancing” practice brought on by the COVID-19 pandemic presents HME providers with an opportunity to step out of their comfort zone and demonstrate how information technology can play a huge role in remote patient care. By strategically using their capabilities for telehealth, remote monitoring and coordinating with other professionals in the health care continuum, HME providers can assert themselves as valid partners in patient care, IT specialists say.“The HME industry...

WASHINGTON - CMS is allowing providers to submit surety bond riders and/or page two of their bid surety bonds to make sure they meet Round 2021 requirements.The allowance applies only to providers who uploaded a copy of a valid bid surety bond by the deadline for bid submission and have received noticed that the CBIC needs additional information to ensure the bond meets all requirements.“AAHomecare reached out to CMS last week to request that bidders be allowed the opportunity to make sure...

CareCentrix has extended its home telehealth platform at no cost to its network of more than 8,000 home health locations. It includes patient-to-provider and three-way virtual health capabilities to enable patients to include remote family members or caregivers in visits, remote monitoring, secure messaging and clinical analytics…Prochant has posted a blog, “Latest Updates: COVID-19 and HME,” to serve as a real-time information hub for the HME industry…VirtuOx, an independent diagnostic...

MADISON, Wis. - Rowheels has launched RehabPulse.com, an online marketplace for rehab equipment from the top manufacturers and brands.To start, the site will initially offer manual and power wheelchairs, ramps, braces and compression, and aids to daily living. It will eventually expand to include other products, as well as service and repairs.“We want RehabPulse.com to become the leading global technology platform to meet the complex demands of people with mobility challenges,”...

CHARLOTTE, N.C. - Joey Graham and Ty Bello have published a white paper “2021 & Beyond: From Surviving to Thriving.” Content includes: an overview of past industry struggles; outlook on future industry success; guidelines for success in a new era; and tips to create a robust 2021 budget. “HME providers have operated in one way over the last 16 years: survival mode,” says Graham, executive vice president and general manager at Prochant. “We can't expect providers to thrive...

A. When did you last check your HME company's metrics?This task might be last on your list (and with good reason): the day-to-day challenges of patient care and billing processes probably occupy your mind. You might focus on whatever it takes to keep the lights on.Tracking too many or too few metrics (or none at all) is more common among HME providers than you might think. Making the space to track the right HME metrics is easier than you might think, too.Key Performance Indicators (KPIs) Enter key...

A. HME providers are split on how best to measure and recognize revenue in their businesses. In general, measures are organized into four camps:Charge billing Charge billing is full “retail” pricing, not including payer contracts and fee schedules. For most providers, this measure inflates expected cash by 100%-200%. For example, if charge billing is $100, then the expected actual payment is $50 or less. Allowable billing Allowable billing is charge billing less the expected contractual...