Medtech Insight is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

Competitive bidding rule takes effect

This article was originally published in The Gray Sheet

Executive Summary

Final rule implementing competitive bidding program for durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) goes into effect April 18 over the objections of suppliers and others who claim the program will put many providers out of work (1"The Gray Sheet" March 30, 2009, p. 16). Implementation of the Jan. 16 interim rule previously was delayed by the Obama administration to allow further review by CMS. "Based upon its review and on the need to ensure that CMS is able to meet the statutory deadlines contained in the Medicare Improvements for Patients and Providers Act of 2008, the administration has concluded that the effective date should not be further delayed," CMS says in an April 17 release. "However, there will be no immediate effect on the Medicare DMEPOS benefit and Medicare beneficiaries may continue to use their current DMEPOS suppliers at this time," CMS says. The agency plans to issue new guidance "in the upcoming weeks" on the timeline and requirements to re-do the first round of competitive bidding under the program. The program, expected to save $1 billion annually, was modified last summer under MIPPA (2"The Gray Sheet" July 14, 2008, p. 18)

You may also be interested in...



Durable Equipment Groups Continue To Seek Competitive Bidding Revamp

Durable medical equipment suppliers, wholesalers and retail outlets continue to push for major changes to how CMS administers its competitive bidding program for durable medical equipment, prosthetics, orthotics and supplies

Medicare Bill Passed By Congress Delays DMEPOS Bidding Program

An embattled durable medical equipment prosthetics, orthotics and supplies (DMEPOS) competitive bidding program that just got off the ground will likely come to a halt in the coming weeks now that Congress has passed a broad-based Medicare bill

US Q1 Consumer Health Earnings Preview: Label This One Historic And Challenging But Promising

US OTC drug and supplement firms’ reports of results for the first three months of 2024 began on April 19 with P&G. JP Morgan analysts say while “some retailers in the US in particular” are reducing consumer health inventories, for the overall sector they expect “a healthier balance of positive volume and lower pricing contribution.”

Topics

Latest Headlines
See All
UsernamePublicRestriction

Register

MT027336

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel