The durable medical equipment supply industry is growing rapidly. But success in this field has been elusive for many DME/HME businesses because making it in this sector requires in-depth industry knowledge. Having been in the market for decades, the information we share about how to succeed in the DME industry is based on our struggles and successes.
Online shopping trends now show that speed of delivery is a significant consideration for up to 77% of shoppers. So, the 5-7 business day delivery is no longer feasible. In this article, we explain how to shorten the delivery process and period for your home care business.
The coronavirus pandemic is a wake-up call to governments and healthcare systems regarding emergency preparedness. What can business in the healthcare industry do from his side?
If you work in the home/durable medical equipment industry, you know that it’s important to have a smooth workflow that can ensure reliable supply and predictable patient outcomes. The best way to achieve this is to perfect your process and automate it as much as possible.
Organizations like yours are looking for ways to improve operational efficiencies and reduce costs while at the same time meeting increased demand for home medical equipment and supplies from patients.
You can exceed 95% clean claims rates and speed up patient payments. Learn more how in our white paper.
Many of the DME products are disposables or require replenishment at recommended frequencies in order for the patient to maintain effective use. In many cases, HME/DME providers wait for the patient to inquire before fulfilling orders
The medical billing outsourcing market is on the surge. According to the research by Reportlinker, it is expected to grow from $2.17 billion in 2021 and reach 20 billion by 2026 with an annual growth rate (CAGR) of 11.5%. But is there any alternative for attracting third-party providers?
Following the recent announcement by the Centers for Medicare & Medicaid Services (CMS), starting with claims with a date of service on and after 01/01/2023 will drop the need for certificates of medical necessity (CMNs) and DME information forms (DIFs).
So, what does this mean for DME suppliers?
Healthcare is continuing to go home. The trend of moving care from the hospital to the patient’s home is undoubtedly impacting the home medical equipment industry. HME/DME providers are faced with increased demand from an aging population in the US for home medical equipment and supplies. These significant tailwinds continue to lead to increased patient volume and continued growth opportunities.
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