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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
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SOURCE MetroStar Home Health Products
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