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Surety Bond

A column covering DMEPOS surety bond requirements and related compliance topics for medical equipment suppliers.

  • Marketing Limitations in Health Care

    Some HME providers utilize creative marketing strategies to gain a greater market share in the industry, attempting to distinguish themselves from competitors. Unfortunately, some creative marketing and advertising methods are also noncompliant, leading to severe penalties because of the many complex laws that regulate the health care industry. HME providers must comply with applicable fraud and abuse laws, specifically the federal anti-kickback statute (AKS), along with issues surrounding direct patient contact or telemarketing activities. Further, HME providers should consider the application of information privacy laws and telecommunications laws, which can vary from state to state. This article is intended to provide a broad overview of the legal considerations associated with marketing activities by HME providers, including the AKS and the physician self-referral prohibition (Stark Law)….
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  • Acquiring Financing for Your Health Care Business

    According to a study conducted by the Wells Fargo Small Business Index, the average small business owner puts up about $10,000 startup capital. Most businesses will eventually need to take on additional capital—having business debt helps small business owners mitigate cash flow issues and increase creditworthiness as the debt is repaid over time. For health care companies, cash flow issues can cause major headaches. Many medical businesses rely on patient payments and Medicare/insurance reimbursements that are subject to delays due to new coding implementation. Health care professionals increasingly turn toward alternative forms of financing to pay their bills. But how does one go about acquiring financing for their small business? Below are some of the criteria lenders take into consideration. Lenders look at factors such…
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  • Rethink Employee Retention

    7 guidelines for engaging and accommodating your older staff
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  • A Roadmap of Business Manners

    How to achieve successful communication from coast to coast
    Read More →: A Roadmap of Business Manners
  • The PLUSH Sales Process

    Follow these principles to achieve a successful, value-added transaction
    Read More →: The PLUSH Sales Process
  • The 4 Cs of Brand Management

    Take control of your company’s reputation with these tips
    Read More →: The 4 Cs of Brand Management
  • Attracting On-the-Go Mobile Shoppers

    Today’s best practices to drive customers to your website and, ultimately, your store
    Read More →: Attracting On-the-Go Mobile Shoppers
  • A Guide to Getting Paid

    The new generation of billing technology is sleeker, more intuitive and vastly more efficient
    Read More →: A Guide to Getting Paid

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