Brace Yourselves! Change is in the Wind

The next few months are going to bring some interesting changes to the mobility equipment acquisition process, and you may find some real savings if you bring a pile of cash to the table. In process for over a year now, the Centers for Medicare and Medicaid Services (CMS) new competitive bidding program for durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) is expected to slash CMS payments by as much as 45%. Mobility equipment providers had already been expecting cuts in the 32-35% range and even at that rate,  a number of the smaller companies had been considering closure. Right now, CMS payments in behalf of over 100 million beneficiaries makes them the largest consumer of durable medical equipment. This [...]