Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS)
The Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program has been fundamental in helping Medicare set market-based payment rates for DMEPOS items, save money for beneficiaries and taxpayers, and limit fraud and abuse in the Medicare Program. “Round 1” of the program started in 2017 and “Round 2” (also known as “Round 2021”) starts in 2021. In Round 2021, CMS is implementing the lead item pricing methodology for all items included in the product categories (16 total product categories.) Items in the product categories include walkers, back braces, knee braces, wheelchairs, hospital beds, oxygen equipment, nebulizers, and more. For the full article, click here
Speaking of, bid bonds cost as low as $350 and can be instant issued! As your leading writer, we have supported the Nation’s DME bonds since 2008. To get a DME Bond through American Surety Bonds with super discounted rates, fill out our DME application.