On February 26, 2014, CMS released a proposal to solicit public comment on how to apply the pricing and methodologies of the current competitive bidding programs to the remainder of the country. The proposal, located on the federal registry website, outlines the techniques being considered by CMS to adjust fee schedule payment amounts for DMEPOS items and services furnished in areas that are not included in the current competitive bidding programs. Among the considerations, CMS has explored the possible testing of a bundled payment system for certain items of DME which would completely transform the capped rental category as it is currently known. The proposal puts a few ideas on the table and reiterates CMS’s intent to move forward with its expansion of the competitive bidding program by 2016. Providers have a unique opportunity to affect the outcome of this dialogue by submitting comments electronically via regulations.gov. As of 11:59 PM on March 24th, only 13 comments have been documented as received by CMS. It is vital that providers understand what is being proposed, contemplate the impact and provide feedback to CMS.
The electronic comment period for this proposal closes March 28th, 2014 at 11:59 PM ET.
Much to the dismay of the DME industry, the Competitive Bidding initiative is pushing forward with no signs of slowing down. To protect reimbursement as this moves forward, CMS must hear from the DME suppliers that will ultimately be impacted by these proposed changes.
Not sure what this proposal means for your business?
Join the discussion as DME Consultant and Reimbursement Expert Andrea Stark dives into this proposal and discusses the major components during our March 27th webinar “CMS Sparks Conversation with DME – FTF, RAC Transition and Nationwide Competitive Bidding” at 3 PM ET. Register on our website at http://www.miravistallc.com.
Much to the dismay of the DME industry, the Competitive Bidding initiative is pushing forward with no signs of slowing down. To protect reimbursement as this moves forward, CMS must hear from the DME suppliers that will ultimately be impacted by these proposed changes.
Not sure what this proposal means for your business?
Join the discussion as DME Consultant and Reimbursement Expert Andrea Stark dives into this proposal and discusses the major components during our March 27th webinar “CMS Sparks Conversation with DME – FTF, RAC Transition and Nationwide Competitive Bidding” at 3 PM ET. Register on our website at http://www.miravistallc.com.
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