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.
The Qualified Medicare Beneficiary (QMB) program is a Medicare Savings Program (MSP) that assists low-income Medicare beneficiaries. This program makes it possible for these individuals to receive the medical services and devices they need that they might not usually...
Striving to gain an advantage in today's DME market takes considerable time and resources. And you might be wondering how to secure an edge over the competition. The answer – DME full-service billing! Outsourcing some (or all) of your billing needs can provide you...
You'll need to lay a solid foundation to operate a sustainable and profitable DME business. Part of a business foundation is developing a DME business model that'll define your company's plan for success. It involves several components, including the type of products...
The durable medical equipment (DME) market in the United States continues to grow, making it an excellent opportunity to become a DME provider. According to a market analysis report, in 2021, the DME market was valued at $56.3 billion, with an anticipated growth of...
In this blog post, we'll give you a brief look into some of the challenges encountered in the world of HME billing and hopefully offer a suggestion to help you get paid for the critical services you provide. HME Billing: It's What And Who You Know. Want to talk...
Becoming a durable medical equipment (DME) supplier and selling the items can be a profitable endeavor but also requires complying with several rules and regulations. Make sure that when you’re ready to sell DME, you’re working with a skilled staff to ensure success. ...
If you've been debating outsourcing accounts receivable and collections, you're not alone. It's a big decision that can significantly impact your business and your bottom line. However, there are many factors to consider before making a final decision. In this blog...
Are you contemplating opening a durable medical equipment (DME) company? The future of DME looks promising and could be a favorable decision if you’re prepared to do the work. However, the DME industry constantly evolves with strict regulations and ongoing policy...
The last few years may have been unexpected. Still, the durable medical equipment (DME) industry is now stable, with the potential for growth trending upward. And when you combine that with a growing elderly population, the opportunity for sales is exponential. That's...
Recovery Audit Contractors (RAC) are led by the Centers for Medicare & Medicaid Services (CMS). They are part of the Medicare Fee for Service Recovery Audit Program. The program aims to identify and correct improper payments made to Medicare. It looks explicitly...
People are living longer and healthier lives, thanks partly to advances in medical care. While this is good news for those who provide home health care and health services, it creates challenges from a billing perspective. As the population of baby boomers ages, more...
Detailed Written Orders (DWO) were necessary when you billed a claim to Medicare, but as of January 1, 2020, DWOs were replaced with Standard Written Orders (SWO)—making it essential to note that Medicare DWO requirements have been replaced with Medicare SWO...
