Navigation Links
MetroStar Home Health COO Comments on the Effect of the Newly Instituted Competitive Bidding Program from the Centers for Medicare & Medicaid Services on Beneficiaries
Date:2/21/2013

NEW YORK, Feb. 21, 2013 /PRNewswire/ -- Fall-out continues as a result of the competitive bid program instituted by the Centers for Medicare & Medicaid Services (CMS). Durable Medical Equipment companies from across New York have aligned in their effort to Protect Medicare Beneficiaries.

The plunging reimbursement rates set by Medicare for Durable Medical Equipment (DME) illustrates why its system for the purchasing of home medical equipment is clearly a flawed one, expected to produce troubling results. The new bidding program allows the Centers for Medicare & Medicaid Services (CMS) to determine the pricing on durable medical equipment such as oxygen and wheelchairs, as well as other vital home medical products for Medicare beneficiaries.

The Centers for Medicare & Medicaid Services (CMS) has announced that in Round 2 of its bidding process, which is expected to begin on July 1, suggests that 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 test prices dropping an average of 72 percent. 

"CMS' new competitive bidding system, while it does seem to involve bidding, is anything but competitive," stated Isaac Newman Chief Operation Officer at MetroStar Home Health Products, a New York City-based medical supply company. "Like all bids there are winners and losers; however, it is transparent to all that the winners are based on their readiness to cooperate with the bid process rather than their cost competitiveness." 

The process is set by the bidders in a convoluted manner, which CMS erroneously refers to as "competitive bidding." Many industry experts suggest that CMS has deviously created a process where it can arbitrarily 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.

"Competition in the market place increases the need for companies to provide excellent service with extraordinary products," noted Newman.

To date Centers for Medicare & Medicaid Services (CMS) suggests that the implementation of the program thus far has yielded few complaints from Medicare beneficiaries. However, many advocacy groups are hearing from senior citizens and people living with disabilities who are worried about the substandard care they are now receiving. People for Quality Care, which is gathering stories from seniors and people living with disabilities who are adversely impacted by government healthcare policies, has heard from many Medicare recipients concerned about the limited access to much-needed homecare.

The CMS competitive bidding system is destroying the Medicare program and its network of neighborhood providers, who have always focused on delivering quality care even during emergencies, as seen during super-storm Sandy. This change will ultimately endanger patients, and it will no longer be a health safety net for seniors and people living with disabilities. Congress has not taken action as of yet.

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
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. MetroStar Home Health Products Holds Sandy Relief Holiday Toy Drive
2. MetroStar Home Health Medical Equipment Steps Up Its Recovery Efforts to Aid Victims of Hurricane Sandy
3. MetroStar Home Health Medical Equipment Holds Seven-Day Disaster Relief Drive
4. Medical Equipment Suppliers in Good Health - Research Report on Bruker Corporation, Agilent Technologies Inc., General Electric Company, Becton, Dickinson and Co. and Thermo Fisher Scientific Inc.
5. Actavis, Inc. to Present at the Cowen & Company 33rd Annual Health Care Conference
6. The Female Health Company Executes On Commitment Made At London Summit On Family Planning
7. Boston Scientific to Participate in the Citi 2013 Global Healthcare Conference
8. Alimera Sciences Participating in Credit Suisse London One-on-One Healthcare Conference
9. PAREXEL International To Present At Citi Global Healthcare Conference
10. PipelineRx Completes Acquisition of Healthcare Connectivity Solutions Company Evolute Consolidated Holdings
11. Silver Lining Textiles, Manufacturers of Anti-microbial Under Scrub Garments for the Healthcare Industry, Announces Their Availability Through Amazon.com
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/18/2017)...  Two Bayer U.S. Pharmaceutical leaders received top awards ... 28 th Woman of the Year ... longstanding mission of furthering the advancement and impact of ... Cindy Powell-Steffen , senior director of brand activation and ... Libby Howe , a regional business manager for New ...
(Date:5/15/2017)... Inc., a privately-held CNS pharmaceutical company based in ... disease (PD), has enrolled the first patient in the RASMET ... study involving patients with PD and taking place at 12 ... period. The first stage is open label and involves single ... Denver , Boca Raton ...
(Date:5/10/2017)... Inc. (Nasdaq: HOLX ) announced today the ... April 1, 2017 .   GAAP diluted earnings per ... prior year period as the sale of the blood ... diluted EPS of $0.50 increased 6.4%.  Revenue of $715.4 ... Excluding the effects of blood screening and the acquired ...
Breaking Medicine Technology:
(Date:5/26/2017)... ... May 26, 2017 , ... ... CareFusion NOX-T3 portable sleep monitor with its Somnoware Sleep Device Interface (SDI). Somnoware ... for diagnostic device operations. With this platform, initializing devices and importing studies are ...
(Date:5/26/2017)... Sparks, Nevada (PRWEB) , ... May 26, 2017 ... ... to produce the first ever copper, antimicrobial, mesh back 24/7 task chair specifically ... and conference applications. “We are thrilled to partner with Cupron® to provide ...
(Date:5/26/2017)... Texas (PRWEB) , ... May 26, 2017 , ... Yisrayl ... a new publication this week that is focusing on the Peace Agreements being discussed ... his Middle East sprint in a race to try to speed up peace talks ...
(Date:5/26/2017)... Francisco, CA (PRWEB) , ... May 26, 2017 , ... ... Francisco, is proud to announce a new, informational blog post on insurance options. If ... surgery, checking insurance plans may help save time and money. Visiting an in-network provider ...
(Date:5/26/2017)... ... 26, 2017 , ... Centennial-based BluSky Restoration Contractors announced that ... Annual Clays for Kids fundraiser, to be held Friday, Sept. 22, at Kiowa ... part of BluSky’s partnership with The Adoption Exchange, BluSky will also share sponsorship ...
Breaking Medicine News(10 mins):