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:6/24/2016)... 24, 2016  Arkis BioSciences, a leading innovator ... more durable cerebrospinal fluid treatments, today announced it ... funding is led by Innova Memphis, followed by ... private investors.  Arkis, new financing will accelerate the ... market release of its in-licensed Endexo® technology. ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... "Dialysis Devices Global Market - Forecast to 2022" report ... is the treatment method for the patients with kidney failure, ... and excess fluid from the patient,s blood and thus the ... sodium, potassium and chloride in balance. Increasing ...
(Date:6/23/2016)... 23, 2016 Research and Markets ... Market by Type (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic ... Coating, Parenteral) - Global Forecast to 2021" report ... The global pharmaceutical excipients market is projected to ... of 6.1% in the forecast period 2016 to 2021. ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating in cancer care, and ... in the eye of the beholder, according to experts who offered insights and commentary ... of Managed Care. For the full issue, click here . , For the ...
(Date:6/26/2016)... ... June 26, 2016 , ... Many women are ... with endometriosis. These women need a treatment plan to not only alleviate symptoms ... can help for preservation of fertility and ultimately achieving a pregnancy. The specialists ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , the largest ... as the Medical Director of its new Mesquite-Samuell Farm facility. , “We are ... Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published ... unfamiliar with. The article goes on to state that individuals are now more comfortable ... less common operations such as calf and cheek reduction. The Los Angeles area medical ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that ... chosen by their peers for this recognition are considered among the top 2 percent ... special honors as members of this year’s Legal Elite Hall of Fame: Miami ...
Breaking Medicine News(10 mins):