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VGM Gets Clarification on Credit Report Score for Competitive Bidding
From: VGM
IMPORTANT CREDIT REPORT/SCORE CLARIFICATION!!
Posted on: January 24th, 2012 by Mark HigleyMany HMEs have been expressing concern over recent fax receipts from third party consultants and others, which have been picked up by several state associations and distributed to their memberships. The issue is in regard to whether the Round 2 potential bidding companies must have a credit report dated before January 30. Somewhat directly stated — this is NOT true. A detailed explanation follows below.
But first, here is an example of the releases distributed during the past several days:
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Data from Round 1 show sharp decline in HME claims, and higher risks for death, hospitalization
From: Home Care Magazine
The American Association for Homecare reported last week that an analysis of data from Round 1 of the Competitive Bidding Program showed a sharp decline in claims for HME products in bidding areas. Data also showed a significant risk of death and hospitalization among Medicare beneficiaries not getting necessary home medical equipment.
“The startling and dramatic numbers from Round One underscore the fact that the current competitive bidding program is dangerously flawed and must be stopped,” AAHomecare reported.
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“Doc Fix” and Competitive Bidding
From: Health Insider
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Mergers and acquisitions: Will Round 2 make the big guys buy?
From: HME News
By Theresa Flaherty, Managing Editor
YARMOUTH, Maine – Competitive bidding expands to an additional 91 competitive bidding areas in Round 2, but it’s too early to tell whether national providers have their eye on acquisitions in those markets, say analysts.
“We see them putting their feet in the water a little bit, but they’re not aggressively chasing opportunities,” said Rick Glass, president of Tarpon Springs, Fla.-based Steven Richards & Associates. “And it’s not necessarily in Round 2 areas vs. not in Round 2 areas. I think to a large extent, a lot of them view it as they’ll wind up getting the business anyway.”
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Bidding in Round Two? These are the codes that COUNT!
From: VGM
As I have explained numerous times in conversations with VGM members and in seminar sessions, of the almost 400 codes available in the nine categories only a handful of codes actually affect your overall composite bid.
Simply stated, your composite bid compares you to your competitors that are also vying for a contract in your CBA. Assuming other qualifications are met (e.g., financial, licensing, accreditation et al) the program is purely a mathematical function.
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Now Available: New Webcast for Round 2 and National Mail-Order Bidders
From: CMS
A new educational webcast for the Round 2 and national mail-order competitions of the Medicare Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program is now available on the Competitive Bidding Implementation Contractor (CBIC) website at www.DMECompetitiveBid.com. This webcast, titled Program Rules, explains important rules detailed in the Request for Bids (RFB) Instructions that you should understand before you prepare your bids. The webcast also provides resources to assist you with bidding.
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Bid program to dominate conference
From: HME News
By Theresa Flaherty, Managing Editor
ALEXANDRIA, Va. – The HME industry needs all hands on deck if it wants to be heard during this year’s AAHomecare Washington Legislative Conference, association officials say.
“We can’t pass up an opportunity to make sure everybody knows what HME is about and why it’s important to preserve access to this type of care,” said Michael Reinemer, vice president of communications and policy. “Everyone else is here banging pots and pans and insisting their issues are the most important.”
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Now Available: New Webcast for National Mail-Order Bidders
From: CMS
A new educational webcast for the national mail-order competition of the Medicare Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program is now available on the Competitive Bidding Implementation Contractor (CBIC) website at www.DMECompetitiveBid.com. This webcast, National Mail-Order Competition for Diabetic Supplies, covers rules that apply specifically to this competition and provides resources to assist you with bidding.
This webcast is available on demand to view at your convenience – 24 hours a day, seven days a week. There is no charge to view the webcast, and a transcript is also posted on the website. To view the webcast, please go to the CBIC website, select Bidding Suppliers: Round 2 & National Mail-Order, and choose Education Events.
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Bid program: Providers go through the motions
From: HME News
By Liz Beaulieu, Editor
YARMOUTH, Maine – Their hearts aren’t really in it, but left with no choice, home medical equipment providers have set out to meet CMS’s timeline for Round 2 of competitive bidding.
The first deadline: CMS “strongly encouraged” registering for Round 2 of competitive bidding by Dec. 22. Some providers were in less of a hurry than others.
“We’ll do it first thing in 2012,” said Andy Simmons Jr., vice president of Cornerstone Medical in Atlanta. “We figured we’d let everyone else get past this imaginary target date and then we’d get in.”
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Competitive Bidding Round 2; Lessons Learned from Round 1
From: HomeCare
How the competitive bidding experience of Round 1 participants can help you succeed in Round 2
by Dave ParksChris Rice’s company, Diamond Respiratory Care of Riverside, Calif., was awarded eight contracts in Round 1 of competitive bidding in 2008, an impressive feat in itself. Then, two weeks into the three-year contract period, everything was thrown out because of wayward paperclips and staples, and the process started over.
Incredibly, in the 2009 rebid, Diamond repeated its sweep in all eight categories of HME products in which Rice submitted bids.
