Hospital Loan Closet – Legal Basis to Bill Part B

January 23, 2017
AMARILLO, TX – It is a common practice for a DME supplier to enter into a loan closet arrangement with a hospital. This is also known as a “consignment” or “stock and bill” arrangement. In a typical loan closet arrangeme

Exhibitor Spotlight – Prometheus Group Offers Revenue Cycle Solutions and Much More

January 23, 2017
LAS VEGAS – Prometheus Group is on a mission to help HME providers prosper in a new era of value-based care. Medtrade Spring attendees looking to streamline their operations will get a chance to meet with the company’s representatives at Boot

Preference Payments in Bankruptcy and the DME Supplier

January 16, 2017
AMARILLO, TX – Fallout from a high-profile bankruptcy case in the DME world provides a lesson for suppliers on the basics of bankruptcy and what you can do to protect your company. Case in point:  the collapse of Florida-based Univita and

Baird Bonus – ALJ Backlog – Light at the End of the Tunnel

January 9, 2017
AMARILLO, TX – The current administrative appeals process is beyond unfair to DME suppliers. A supplier will get hit with a post-payment audit involving multiple patients. The auditing contractor will look for reasons to deny the claims and see

Consignment Arrangement with Hospital – Key Contract Provisions

January 2, 2017
AMARILLO, TX – It is common for a DME supplier to enter into a consignment arrangement with a hospital. This is also referred to as a “loan closet” or “stock and bill” arrangement. Under a typical consignment arrangement

They’re Here – CMS Issues Next Round of Recovery Audit Contracts

December 19, 2016
AMARILLO, TX – The Recovery Audit Program began as a required demonstration program in the Medicare Prescription Drug, Improvement, and Modernization Act of 2003. It was a three-year demonstration program that began in March 2005 and ended in M