Just Say ‘No’ to Medicare
Shifting your enrollment status may help reimbursement rates across the industry
The home medical equipment (HME) industry has dealt with a variety of issues during the past few years: staffing shortages, skyrocketing overhead expenses—including payroll expenses at record highs—and supply chain shortages. Delivery charges, meaning delivery to the patient’s home for equipment setup, have increased more than 50% on average. In addition, suppliers have faced an increase in acquisition costs and surcharges ranging from 20% to 30%. With a standard business model, higher overhead expenses and acquisition costs are passed onto the end user. HME suppliers, however, have a business model that limits them from passing increased costs onto patients when fee schedules don’t adjust with changing industry circumstances.
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