Stay informed with Medbill’s blog, where we share expert guidance, practical tips, and industry updates to help DME providers navigate the industry’s complexities.
Regularly reviewing the financial health of a business can help evaluate the success of the business. The best way to check a company's financial health is to assess the business's overall cash flow. When there is a positive cash flow, it will: Help fund company...
Every year the United States Treasury receives billions of dollars of unclaimed property. These funds go uncollected because of minor errors (misspelled names or out-of-date addresses). Specifically for the DME Industry, small balance payments from insurance...
Durable Medical Equipment (DME) payor medical policies and DME billing guidelines will change over time (some product lines change more often than others). Building and maintaining a process for all referrals will help you stay current on all changes, and will save...
Durable Medical Equipment (DME) billing is a complex and lengthy process requiring in-depth knowledge of the various types of HCPCS Level II codes. Understanding the billing steps will help you set up an effective billing process to ensure clean claims submission and...
Navigating the Durable Medical Equipment (DME) billing industry takes time and resources, which can become a distraction to other business tasks. Working with a trusted DME billing company can help you navigate the DME billing environment and free up your schedule for...
Durable Medical Equipment (DME) billing is a complex industry, which leads to many people asking the question, what is DME billing? DME billing is the process of submitting then receiving reimbursement for the purchase or rental of DME items from an insurance company....
Since the COVID-19 Public Health Emergency (PHE) began, the Centers for Medicare & Medicaid Services (CMS) temporarily suspended clinical indication of the Local Coverage Determinations (LCDs) and certain in-person encounters. The CMS's policy suspensions will...
After 5+ years of tireless work, the Medicaid Transformation is nearing completion. The new transformation will change the Medicaid plans from fee-for-service to managed care. This change should save the state money on rising health care costs. After a $2 million...
Home Medical Equipment (HME) suppliers continue to deal with higher product costs and increasing operational expenses since the start of 2020 (and have only increased since the COVID-19 pandemic began). HME supplier rates are still based on competitive bidding results...
Durable Medical Equipment (DME) billing is heavily inspected, and the payor policies are ever-changing. Creating, implementing, and maintaining an effective DME billing environment is critical to ensure minimal claim denials and streamlined revenue cycles. If you need...
On January 1, 2021, the new Medicare guidelines went into effect. It now requires that a Standard Written Order (SWO) must be communicated to a supplier before billing any durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) items. Before this new...
You've probably heard of the Office of Inspector General (OIG). You might have even read some of their reports, but do you know the OIG's purpose and how it relates to the Centers for Medicare & Medicaid (CMS)? This article will provide you with more information...
