WASHINGTON, D.C. (July 15, 2016)—AAHomecare has received confirmation that H.R. 5210, the Patient Access to Durable Medical Equipment Act, did not successfully clear through the Senate before adjournment last night thanks to a hold placed by an unidentified Senator. This means the July 1 round of cuts for rural and non-bid area suppliers will remain in effect unless Congress takes action when they return in September.
MORRISVILLE, N.C. (July 13, 2016)—Blood pressure technology expert SunTech Medical has received FDA approval for U.S. distribution of its next-generation spot-check vital signs device, the SunTech CT40.
Responding to Reimbursement Cuts: Billing Non-Assigned and Other Options (An AAHomecare webinar)
Presented by: Jeff Baird, Brown & Fortunato
Wednesday, July 27, 2:30-4 p.m. EST
We now know what Medicare reimbursement is…and it is not pretty. The bottom line is that Medicare will pay as little as possible for DME. And yet, with 78 million baby boomers retiring at the rate of 10,000 per day, the demand for DME will dramatically increase.
WASHINGTON, D.C. (July 14, 2016)—Last year, AAHomecare began meeting with CMS’s CERT contractor oversight team to discuss efforts to lower the DMEPOS industry’s CERT error rate. In 2010, the DMEPOS CERT error rate was at an all-time high of 73.8 percent. As of 2015, the error rate has decreased to 39.9 percent. In an effort to better understand the driving force of the error rate, AAHomecare submitted a FOIA request for detailed data on the denial reasons.
PADME Act Stalled in Senate July 15, 2016. Read the update here.
Business Executives Concerned About Overtime Rule, Survey Finds
Business executives are bracing for the ramifications of the Department of Labor's (DOL) new overtime rule. (Lydia Wheeler/The Hill)
NASHVILLE, Tenn. (July 8, 2016)—Val J. Halamandaris, president of the National Association for Home Care & Hospice (NAHC), announced that Jim Comer has been selected as one of the speakers at the 2016 NAHC Annual Meeting, to be held October 23-26 at the Gaylord Palms Resort & Convention Center in Orlando, Florida.
ATLANTA, Ga. (July 6, 2016)—Provider Web Capital announces its continued growth in monthly origination numbers, with June 2016 far outpacing the same period in 2015. Transactions of note are highlighted below.
The MED Group is hosting a workshop, titled, "Taking a Deep Dive to Understand Payer Development Opportunities for the HME Provider," at Medtrade 2016 in Atlanta.