People get prescribed a lot of drugs. Then they usually don’t take them. Instead of throwing them away, what if they could get the drugs to people who need them? Talk about a disconnect. One-in-three uninsured Americans have difficulty paying for prescriptions. And...
Explore the Latest Resources from the Medbill Team
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.
Industry
Tenet Healthcare to buy Vanguard Health for $1.73 billion plus debt
Hospital operator Tenet Healthcare Corp will buy smaller rival Vanguard Health Systems Inc for about $1.73 billion plus the assumption of debt to expand into new geographies. U.S. hospital stocks have rallied this year as investors expect the companies to benefit as...
Reality Check: Competitive Bidding Program Myths Versus Facts
The Medicare DMEPOS Competitive Bidding Program Myths Versus Facts Reality Check Recently CMS released a document titled "The Medicare DMEPOS Competitive Bidding Programs: Myths vs. Facts". This document outlined what CMS described as "Myths" of the...
Express Scripts expanding HQ could bring 1,500 Jobs to St. Louis
Pharmacy benefits manager Express Scripts is planning a $56 million expansion of its corporate headquarters in the St. Louis area. Company officials said Wednesday St. Louis beat out several other states for the expansion, which is expected to create 1,500 new jobs by...
Medicare Coverage of Obesity Treatments on Horizon while Reimbursement for Sleep Therapy Shrinks
Just as Medicare and CMS are cutting reimbursement as much as 75% on Durable Medical Equipment Services and Products U.S. Rep. Bill Cassidy filed legislation to make some weight-loss prescription drugs and treatments available to residents through the federal Medicare...
AAHomecare and DME Provider File Suit Against CMS Official Over Competitive Bidding
The American Association for Homecare (AAHomecare), along with a home medical equipment provider from Maryland, announced today the filing of a lawsuit in U.S. District Court in Washington, D.C., asking that the scheduled July 1 expansion of the Medicare competitive...
CMS Disqualifies some Contract Suppliers in Tennessee
CMS has disqualified about one-third of the contract suppliers that planned to serve Medicare beneficiaries in Tennessee as part of competitive bidding because they don’t meet state licensure requirements, according to the Tennessean. CMS Administrator Marilyn...
WakeMed and Physicians Group Coordinate to Improve Care and Avoid Penalties
WakeMed Health & Hospitals and one of the state’s biggest physicians practices announced a partnership Monday designed to minimize federal penalties and maximize financial rewards under the national health care law. Under the arrangement, WakeMed and Key Physicians...
PAMS Response to Washington Post Editorial on Competitive Bidding
The Washington Post ran an editorial in the paper’s Sunday edition on June 16th encouraging CMS Administrator Marilyn Tavenner to implement the Round 2 program. The Article can be viewed at www.washingtonpost.com. PAMS Executive Director, John Shirvinsky, posted the...
Penn State College of Medicine Awarded $1 Million Grant
The Penn State College of Medicine is among 11 institutions that has been awarded $1 million in funding from the American Medical Association in a program aimed at changing the way physicians are trained. The other schools that were awarded grants include the Indiana...
Healthcare Delivered through PC, Tablet and Smartphone
Like telematics in auto insurance, telehealth in health insurance provides an opportunity for insurers to have a closer dialog with their policyholders and better manage their risk of loss. And it's growing at a similar rate: This week, three prominent insurers...
Krames StayWell Launches Patient Engagement Solution for ACOs
Krames StayWell has launched ACO 360™, a comprehensive patient engagement package for Accountable Care Organizations (ACOs) that includes marketing and patient education tools, and a new solution for ACO member health management. ACO 360™ is designed to...