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Durable Medical Equipment Business Start Up Guide

Author : Kelly Bates

Publisher :

Page : 323 pages

File Size : 18,37 MB

Release : 2017-02-27

Category :

ISBN : 9781520707167

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Book Description

A medical equipment business is a good venture particularly because of the booming healthcare industry. Getting into a business that supplies home medical equipment and hospital medical equipment can be very profitable. This Durable Medical Equipment Business Start-Up Guide provides the necessary know- how to navigate the complicated state and federal requirements for the start-up process, licensure, and accreditation. This user-friendly book was written specifically to help with the startup process of the business. It provides a detailed overview of the business, step-by-step directions to complete each section of the start-up and licensure process, credentialing, medical equipment purchasing recommendations, marketing strategies, management tips, quality assurance, vendor contracting and much more.



Medical Equipment and Supply Business

Author : J.S. Spratley

Publisher : Xlibris Corporation

Page : 49 pages

File Size : 14,73 MB

Release : 2012-04-24

Category : Medical

ISBN : 1469187221

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Book Description

This book was written for those with a passion for business, but lacks the knowledge or understanding of the process of getting started. It is written to give its readers a comprehensive view of the medical equipment and supply business and what it takes to be successful in this very profitable field. This book was written as a step by step medical equipment and supply business guide for those in pursuit of a business venture to start. The book is structured to give its readers the exact steps to follow as they are written in the book. It is very important to follow these steps in the order that they appear. This book is to give those with very little to no knowledge of business, let alone the medical equipment and supply field. Its intent is give the reader an insight of starting and successfully operating a medical equipment and supply company. Our goal is to teach everyone (who is interested in starting a business in the medical field) the same knowledge as those who have been in the business for years. This book gives you the same information that the large corporations had when they started out as a small one person operation, just as you are today. It gives the readers only the necessary information needed, and not a lot of useless word to only fill a book. On each page there are different topics, which cover information necessary for the growth of your business. It also gives the reader contact information on where you will go to complete whatever it is that that section may call for. For example; the zoning section (called zoning requirement), this will have directly under it location of where to go to register. This book also list medical supply and equipment companies with phone numbers and web addresses of each company. This book is very user friendly, and very informative. This book also covers what products to sell, who do you sell to, and finding the person you need to contact when calling on these businesses. Enjoy this valuable information, and much success in your business endeavors.



Medicare: Issues for Manufacturer-Level Bidding for Durable Medical Equipment

Author : Kathleen M. King

Publisher : DIANE Publishing

Page : 29 pages

File Size : 24,10 MB

Release : 2012-10-19

Category : Medical

ISBN : 1437988490

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Book Description

In 2009, Medicare spent approx. $8.1 billion on durable medical equipment (DME), prosthetics, orthotics, and related supplies for 10.6 million beneficiaries. DME includes items such as wheelchairs, hospital beds, and walkers. Medicare beneficiaries typically obtain DME items from suppliers, who submit claims for payment for these items to Medicare on behalf of beneficiaries. The Centers for Medicare & Medicaid Services (CMS), an agency within the Dept. of Health and Human Services (HHS), has responsibility for administering the Medicare program. Medicare and its beneficiaries -- through their out-of-pocket costs -- have sometimes paid higher than market rates for various medical equipment and supplies. To achieve Medicare savings for DME and to address DME fraud concerns, Congress required CMS to phase in a competitive bidding program (CBP) for DME suppliers in selected competitive bidding areas (CBA). In CBP, suppliers submit bid prices in the amounts they are willing to accept as payment to provide DME items to Medicare beneficiaries. CMS then enters into contracts with select DME suppliers to provide DME items at the prices determined by CBP. In contrast to CBP's supplier-level approach, some health care purchasers use a manufacturer-level approach to buy DME items directly from DME manufacturers to obtain savings by leveraging their purchasing power. CMS has not been required to develop a manufacturer-level approach. This report provides information on health care purchasers that currently use a manufacturer-level approach and on issues that would need to be addressed if CMS implemented such an approach. It describes (1) efforts used by some non- Medicare purchasers to reduce DME spending by contracting with DME manufacturers or using purchasing intermediaries, and (2) issues that CMS might face if required to implement a DME manufacturer-level approach with broad authority to do so. Figures and tables. This is a print on demand report.













The Healthcare Imperative

Author : Institute of Medicine

Publisher : National Academies Press

Page : 852 pages

File Size : 11,70 MB

Release : 2011-01-17

Category : Medical

ISBN : 0309144337

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Book Description

The United States has the highest per capita spending on health care of any industrialized nation but continually lags behind other nations in health care outcomes including life expectancy and infant mortality. National health expenditures are projected to exceed $2.5 trillion in 2009. Given healthcare's direct impact on the economy, there is a critical need to control health care spending. According to The Health Imperative: Lowering Costs and Improving Outcomes, the costs of health care have strained the federal budget, and negatively affected state governments, the private sector and individuals. Healthcare expenditures have restricted the ability of state and local governments to fund other priorities and have contributed to slowing growth in wages and jobs in the private sector. Moreover, the number of uninsured has risen from 45.7 million in 2007 to 46.3 million in 2008. The Health Imperative: Lowering Costs and Improving Outcomes identifies a number of factors driving expenditure growth including scientific uncertainty, perverse economic and practice incentives, system fragmentation, lack of patient involvement, and under-investment in population health. Experts discussed key levers for catalyzing transformation of the delivery system. A few included streamlined health insurance regulation, administrative simplification and clarification and quality and consistency in treatment. The book is an excellent guide for policymakers at all levels of government, as well as private sector healthcare workers.