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 lowe
'/>"/>

SOURCE MetroStar
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

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:6/29/2015)... June 29, 2015 Axxess , an ... the only software vendor accredited by the American Nursing ... helping home health agencies select the right revenue cycle ... and grow their business. Research by American ... providers should expect a decrease in productivity of 54.4 ...
(Date:6/29/2015)... , June 29, 2015  Arbor Solution ... workstation lineup. The high-powered, multi-functional M2150 ... Intel® Haswell Core i5-4402E 1.6 GHz ... significant data processing and computing performance. Integrated Intel® ... the unit well suited for graphics-intense applications in ...
(Date:6/29/2015)... SAN FRANCISCO , June 29, 2015 ... 47.54 billion by 2020, according to a new study by Grand ... II diabetes and the presence of high unmet needs in emerging ... China are expected to be two of the most ... lifestyle induced diseases such as obesity and growing global geriatric population ...
Breaking Medicine Technology:Axxess Releases eGuide for Home Health Agencies, Revenue Cycle Management: What You Must Do Now - to Succeed! 2Arbor Solution Introduces Multi-Function Medical Workstation with Large 21.5" True Flat Touch Screen 2Arbor Solution Introduces Multi-Function Medical Workstation with Large 21.5" True Flat Touch Screen 3Insulin Market To Reach $47.54 Billion By 2020: Grand View Research, Inc. 2Insulin Market To Reach $47.54 Billion By 2020: Grand View Research, Inc. 3Insulin Market To Reach $47.54 Billion By 2020: Grand View Research, Inc. 4
... Aung FootHealth Clinics &,Advanced Wound Care Center today ... foot ulcers to participate in the MATRIX clinical,trial. ... Excellarate(TM) (GAM501),(Ad5PDGF-B/bovine Type I collagen gel) for the ... ulcers. Excellarate is,an investigational product designed to stimulate ...
... participate in controversial debate over effects of ... Simvastatin vs. Ezetimibe/Simvastatin, ... medical professionals, will air on XM Satellite Radio Channel,157 ... a candid medical,discussion on the much talked-about ENHANCE (Effect ...
Cached Medicine Technology:Aung FootHealth Clinics & Advanced Wound Care Center Enrolling Patients With Chronic Diabetic Foot Ulcers for Matrix Clinical Trial 2ReachMD Broadcasts First-of-its-Kind Physician Peer-Peer Discussion on ENHANCE Trial 2
(Date:6/30/2015)... ... June 30, 2015 , ... Healthy ... enhance successful student outcomes. According to Dr. Theo Wubbels (Professor of Education, ... must be able to show “all kinds of behavior when the situation asks ...
(Date:6/30/2015)... ... 2015 , ... This Fourth of July, Peacock Alley celebrates the ... work, tenacity, perseverance, commitment to quality, honesty and love of friends and family. These ... Gabler's simple love of quilts, Peacock Alley was fully realized and grown while raising ...
(Date:6/29/2015)... ... June 30, 2015 , ... The National Association ... inductee into its VIP Woman of the Year Circle. She is recognized with ... organization exclusively for professional women, boasting more than 700,000 members and over 200 ...
(Date:6/29/2015)... ... June 30, 2015 , ... The United States ... Team (KORT) as it becomes the Official Physical and Occupational Therapists of the U.S. ... Rolex Kentucky Three-Day Event presented by Land Rover. , “The USEF is pleased ...
(Date:6/29/2015)... ... 2015 , ... Career Step, an online institution offering career-focused ... administrators with hospitals, healthcare providers, and insurance companies. The new website is intended ... comprehensive research and implementation of web design and marketing best practices. , ...
Breaking Medicine News(10 mins):Health News:Lessons On Leadership - Top 12 Global Teacher Bloggers Reveal the Best Strategies for Building Positive Leadership in Global Classrooms 2Health News:Luxury Linen Purveyor Peacock Alley Celebrates the Fourth of July 2Health News:National Association of Professional Women Inducts Melanie Richards, DMD, of Powdersville Pediatric Dentistry, Into its VIP Woman of the Year Circle 2Health News:KORT Physical Therapy Announces Partnership with The United States Equestrian Federation 2Health News:Career Step Launches New Website to Better Meet Needs of Partners, Clients and Others Searching for Corporate Training Solutions 2
... computed tomography (CT), magnetic resonance imaging and molecular imaging ... multi-modal contrast agent – Researchers // at the University ... these new agents may, in turn, significantly improve the ... a professor in the department of speech and hearing ...
... In the race for supremacy in the Indian biotech ... spot during the fiscal (2005-06) // by contributing ... (Rs.65 billion) as against 37 percent by the southern ... performance, Karnataka Biotech Vision group chairperson Kiran Mazumdar-Shaw told ...
... has been develooped to assess the risk of heart disease ... wrongly assessed. // ,ETHRISK is for everyday use ... has been developed by researchers at the University of Bristol ... British black and minority ethnic groups. ,Ethnic groups within Britain ...
... African union and aid organisations said on Wednesday, that, Africa ... years. // This is about three times as much as the ... pledge, in Beijing, made at a donors conference did not expect ... been reported in eight African countries since February, and this ...
... revealed that while the chances of surviving a heart attack ... unchanged. // ,The Canadian Institute for Health Information ... rate for people suffering a new heart attack fell to ... 1999-2000 whereas in the case of strokes, 18.8 per cent ...
... According to the recent report from the health authorities of central ... disease//. Statistics show that the disease is prevalent in the month ... ,The scenario was worse in 2002 were human deaths crossed 66. ... by the health authorities the number of deaths reduced to 12 ...
Cached Medicine News:Health News:New Multi-Modal Contrast Agents, A Boon For Medical Imaging 2Health News:New Multi-Modal Contrast Agents, A Boon For Medical Imaging 3Health News:New Multi-Modal Contrast Agents, A Boon For Medical Imaging 4Health News:Western Region Tops in Indian Biotech Growth 2Health News:New Web- Based Calculator to Assess Heart Disease Risk 2Health News:Survival Rates of Heart Attack Improving 2
... curtains or parting strip shields ... frame to form a free-standing, ... cleanliness to Class 10/ISO 3. ... lights, and ionizers are configured ...
Inquire...
Inquire...
Inquire...
Medicine Products: