Tag: Calculator
VGM enhances bid calculators
June 4, 2019HME News Staff
WATERLOO, Iowa - The VGM Group has released enhanced competitive bidding calculators that allow providers to input their own books of business and desired bid prices to reflect changes in revenues. There is an individual calculator* for each of the 16 product categories that CMS plans to include in Round 2021. The calculators build on existing calculators available at www.dmecbpeducation.com. Stakeholders urge providers to use these industry developed calculators because they include information...
In brief: Stakeholders launch bid website, Simply Home sues HHS
April 19, 2019HME News Staff
WASHINGTON - A group of HME industry stakeholders has officially launched dmecbpeducation.com, a website for providers to learn about the changes in Round 2021 of competitive bidding and to prepare their bids.“Informed bidding will help sustain DME businesses, ensuring that patients' access to life-changing medical equipment remains steady, stable and secure,” said Tom Ryan, president and CEO of AAHomecare.Stakeholders had already loaded the website with bid calculators that allow providers...
Road to Round 2021: New calculator highlights 'bid ceiling,' comparisons
March 29, 2019Liz Beaulieu, Editor
WASHINGTON - Stakeholders have updated an industry website dedicated to competitive bidding information with a calculator to help HME providers formulate their bids for the next round of the Medicare program.
The calculator, which can be found at www.dmecbpeducation.com, is part of a larger effort by stakeholders to educate providers about Round 2021, an effort that will also include webinars.
“Lead-item pricing can look simple, but it's not,” said Cara Bachenheimer, chair of...