Navigation Links
MetroStar Home Health COO Asks Congress to Cease Round 2 of The Centers for Medicare Services' Medical Equipment Bidding Process
Date:2/25/2013

NEW YORK, Feb. 25, 2013 /PRNewswire/ -- Durable Medical Equipment companies across their country join in the effort to protect Medicare Beneficiaries from devastating changes as a result of new Medicare suggested by The Centers for Medicare & Medicaid Services (CMS).

With reimbursement rates already on the decline many experts are concerned that the new competitive bidding system will waste billions of dollars, bankrupt small medical supply businesses and leave America's most vulnerable population without essential equipment such as oxygen tanks and wheelchairs.

"CMS has effectively created a system that encourages the bidders to bid outrageously low which clearly suggests that it finds it acceptable for companies providing medical equipment to supply its patients with a sub standard product," stated Isaac Newman , Chief Operating Officer for MetroStar Home Health Products, who has taken an active role on this cause.

Centers for Medicare & Medicaid Services (CMS) has announced that in Round 2 of its bidding process, which is expected to begin on July 1, reimbursements for a wide range of home medical equipment will drop on average by 45 percent in New York City and Long Island, with diabetic tests' prices dropping an average of 72 percent.

"It seems that CMS suggests that the average Medicare recipient can be mistaken for a fool, they illustrate how much savings are projected but fail to mention the sacrifices involved with the program, it is simply deplorable how the Federal Government is taking advantage of Americans who worked for years to earn their benefits," continued Newman.

The competitive bid process is a process that allows the bidders to determine the pricing in an intricate manner; one that has failed to actually yield proven outcomes. Many industry experts warn that CMS has deviously created a process where it can capriciously select any price between the lowest and highest bids. Furthermore, many have referred to this process as having "no transparency whatsoever" because the factors that the Agency uses to determine the pricing levels are secretly set by CMS and not released to bidders or the public, and their only purpose is allowing CMS to fix the reimbursement prices.

Round 1 of the process has already eliminated thousands of businesses from providing equipment and services to Medicare beneficiaries. In turn, with fewer businesses providing products and services, there was a significant drop in utilization of DME equipment by Medicare beneficiaries, and many were forced to change providers.

Patient and community activists from across the nation have come together in an effort to fight the implementation of round 2 of the competitive bid process. The economics of the program are flawed and can have devastating effects on the elderly.

"MetroStar continued to operate throughout Hurricane Sandy and the subsequent recovery weeks, we are a company in the community, for the community, we have always been there for those in need and we are appealing to congress to be there for us," concluded Newman.

For more information on MetroStar Home Health Products, please contact Isaac Newman , (718) 838-3333 or visit us online at www.metrostardme.com.

Contact: Isaac Newman
MetroStar Home Health
Chief Operating Officer
Phone (718) 838-3333
IsaacN@Metrostardme.com

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.


'/>"/>
SOURCE MetroStar Home Health Products
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. MetroStar Home Health Medical Equipment Holds Seven-Day Disaster Relief Drive
2. MetroStar Home Health Medical Equipment Steps Up Its Recovery Efforts to Aid Victims of Hurricane Sandy
3. MetroStar Home Health Products Holds Sandy Relief Holiday Toy Drive
4. MetroStar Home Health COO Comments on the Effect of the Newly Instituted Competitive Bidding Program from the Centers for Medicare & Medicaid Services on Beneficiaries
5. Nutrilys Del Mar Joins Health Forces With LAPD Underwater Dive Unit
6. Clinical Trial at Evergreen Healthcare Shows Intestinal Gel Reduces Symptoms of Advanced Parkinsons Disease
7. Netsmarts Focus on Innovation to Help Health and Human Service Providers Span the Spectrum of Care in the Healthcare 3.0 Environment
8. Qmed, the Leading Global MedTech Industry Resource, Partners with Clarimed, to Provide the Medical Manufacturing and Healthcare Industry with FDA Reports on Adverse Events
9. Attendees Save Up To $800 on Global Healthcare Conferences in 2012 by Registering Through Global Information Inc.
10. Auxilium Pharmaceuticals to Present at the Deutsche Bank 37th Annual Healthcare Conference
11. University of Maryland BioPark Announces MedImmunes Dr. Bahija Jallal as Newest Member of Board of Directors for UM Health Sciences Research Park
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... SPRING, Md. , Dec. 2, 2016 ... new indication for Jardiance (empagliflozin) to reduce the risk ... diabetes mellitus and cardiovascular disease. "Cardiovascular ... with type 2 diabetes mellitus," said Jean-Marc Guettier ... and Endocrinology Products in FDA,s Center for Drug Evaluation ...
(Date:12/2/2016)... , December 2, 2016 ... global cardiac pacemaker market in its upcoming report titled, "Global Market Study ... a Declining CAGR of -1.4% between 2016 and 2024". The ... Mn in 2015 and this is likely to decline ... revenue, the global cardiac pacemaker market is anticipated to ...
(Date:12/2/2016)... , December 2, 2016 According to ... "Global Market Study on Automated Endoscope Reprocessors: Single Basin Automated ... of 8.6% Between 2016 and 2024 " the global automated endoscope reprocessors ... expected to expand at a CAGR of 7.2% during an ... US$ 1,367.6 Mn by 2024. ...
Breaking Medicine Technology:
(Date:12/2/2016)... CA (PRWEB) , ... December 02, 2016 , ... ... care journeys, announced today that it has raised $6.0 million in an initial ... by Clarify Health’s conviction that patients and their caregivers can receive far better ...
(Date:12/2/2016)... ... December 02, 2016 , ... Today CloudMine, ... connected applications, was named the best Sales Team of 2016 as part of ... made today by the Software & Information Industry Association (SIIA), the principal trade ...
(Date:12/2/2016)... ... December 02, 2016 , ... ‘Tis the season for giving! Today, 20 creative ... National Family Partnership and the Drug Enforcement Administration as part of the National Red ... 10 winning schools who decorated their campuses with this year’s Red Ribbon Week theme: ...
(Date:11/30/2016)... , ... November 30, 2016 , ... ... they now offer a comprehensive in-house dental plan for all patients. Understanding that ... a plan that gives patients a number of perks, including discounts on many ...
(Date:11/30/2016)... PALMYRA, Wisconsin (PRWEB) , ... November 30, 2016 ... ... inclusion in the 2016 Deloitte Wisconsin 75, an annual ranking and recognition of ... consecutive year on the list, having ranked from 2008-2016. In addition, Standard Process ...
Breaking Medicine News(10 mins):