Most people know him as Frank Margulis, a former home medical equipment provider, now a business consultant and owner of Margin Consultants in Opelika.
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It has been three months since the 36-month cap on the rental of oxygen equipment went into effect, and most providers have found a way to stay in business.
There is good news and there is bad news with the anti-fraud and Stark laws and other anti-referral rules. The good news is that these laws permit many
There have been countless hours of discussion in the HME industry of late regarding CMS' newly implemented oxygen policy and payment rules.
To ensure providers across the HME sector are able to recoup the fees for services rendered to Medicare beneficiaries, it takes collaboration among every
You keep reading the headlines: According to government projections, U.S. health care spending is estimated to have reached $2.4 trillion in 2008.
As the boomers age, people live longer and the elderly seek help with the activities of daily living, we are witnessing tremendous growth in the number.
With the many changes in our industry and all of the negativity you hear, I am sure you have asked yourself this question: Why do we do what we do?
Accredited providers, and those now becoming accredited, know that there are many requirements that must be met either to pass an initial survey.
Despite a 60-day delay of the competitive bidding interim final rule, the Medicare bidding project will move forward and Round One will be rebid this year.
Maybe it's an early Valentine's Day present from CMS: Late this afternoon, the agency announced a 60-day delay of the effective date of the competitive bidding interim final rule to April 18, 2009.
As previously reported, CMS has opened a comment period on delay of the effective date for the interim final rule on competitive bidding. All comments must be submitted by Feb. 12, 2009 — today.
Repeal the cap? Reform the benefit? Yes and yes, oxygen stakeholders say.
The opportunity is huge to maximize sales in a healthy cash market.
With elimination of the CMN came the KX modifier. With the KX modifier came the requirement for providers to prove medical necessity from documentation in the patient's medical record.
The timeline for oxygen reimbursement should be based on medical necessity and align more closely than it does today with the true costs of providing the equipment and services integral to the benefit.
As growing numbers of seniors enter the Medicare program, it is important that we take care to maintain an adequate number of qualified and capable providers to address demand for care in the home, especially in rural areas.
Kodak's history is replete with lessons for the HME industry, but one really sticks out: We can't hold on to the past. We must change with our environment regardless of why or how the environment changes.
Let's stop talking about selling medical equipment. Let's begin talking about what we really do — allowing people to live productive lives.
Intelligent equipment emerges to help you be smarter about business.