With 247 MBS, DME Billing Services will enable the Medical Industry to get increased in Revenue

The Durable Medical Equipments play a vital resource in saving many human lives. It is s necessary to have all the medical equipments in a medical industry. Without proper equipments the total scenario will get collapsed. Since we are best in the industry we can provide better services with affordable cost.

In 2019, CMS released the proposed rule that included potential changes to the DME payment rates. This long-awaited proposed rule is being considered positive because it includes vital improvements for payment in non-bid areas along with improvements to the CBP (Competitive Bidding Program).

The DMEPOS fee schedule has been updated by the CMS for 2019 and several new codes have been added to the HCPCS file. For instance, DMEPOS fee schedule file includes fees for three home infusion G-codes - G0068, G0069 and G-0070. For other new CY2019 codes, the fee schedule amounts will be established under the July 2019 DMEPOS fee schedule update.

Fees have also been added for new HCPCS code (E0467). Fee schedule amounts are also being adjusted for shoe medication codes and mail order DTS. For CY2019, update factor of 2.3% has been applied to few DMEPOS fee schedule amounts. CMS is also implementing monthly fee schedule payment amounts for stationary oxygen equipment.

It has been published by the CMS in order to drive innovation in DME and also to modernize it. Here are some of the highlights of this proposed rule:

•      CBP contracts has been proposed that the beneficiaries will be receiving DME items from any Medicare enrolled DME supplier.

•      For DME furnished, CMS has proposed traditional fee schedule amounts.

•      For non-CBAs that are non-contiguous or rural areas, items furnished from January 2019 to December 2020 will be paid at 50/50 rates and for non-CBAs, items furnished will be paid at current payment rates.

•      CMS has proposed new payment classes for portable oxygen and oxygen equipment, new payment rules for ventilators and has improved payment rates for new DMEPOS items.

DME coders will have to be prepared for coding changes coming their way. For DME providers, the only way to survive will be through hiring experienced coders or by letting a reliable third party handle the challenges of DME billing. 

About 247 Medical Billing Services:

We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses.

Contact: 
247 Medical Billing Services
Tel: +1 888-502-0537
Email: info@247medicalbillingservices.com