He
compared the situation to a prize fight (not bad)! CMS is telling dealers they are getting too much money for what
they do and the industry is explaining how they perform to actually save CMS healthcare dollars. (And, let's not forget how much pro-bono work is done).
He
goes on to caution other providers to not make “suicide” bids. I couldn't agree more. I am
repeating his warning about bidding your services into a level that will be
fatal for your company.
There
is a great deal more to this problem, which must be considered. Let’s start
with CMS. They feel that the cost of the
services billed for is excessive, but that is completely incorrect. If CMS
could only eliminate 90% of the current fraud and abuse (F & A),
there will be sufficient cash available at the current reimbursement schedule.
Unfortunatley, we can never rid the system of all the F & A, but we can
really eradicate much of it.
The
one thing that I am very proud of is the very small number of DME/HME providers
who have been found guilty of any F & A! The basic problem CMS has is a lack of controls for the services they are billed. For example, what a hospital can bill by upgrading or for services not performed. The average patient does not know what CMS has been billed. I have spoken to many
of my peers and only found one who studied the monthly report they received and
found it difficult to understand. I am of that, but still questions should
always be asked.
What
can you do? This is something I have repeated over and over. Join your state
and national associations now. Your added dollars (their modest fees) will keep
you viable and in business. Don’t commit suicide! Get on the team and fight
back. Draw all of your customers into the fray. All of this will be discussed
at Medtrade in Las Vegas, so please be there. Do it NOW!
No comments:
Post a Comment
Share your thoughts with Shelly!