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Home > SMT Wrapper

Round One Rates Add Up to Trouble, HME Stakeholders Say

Published Monday, March 24, 2008

ATLANTA--The fees are in, but the jury's still out when it comes to the impact competitive bidding will have on the home medical equipment market, according to industry stakeholders who got their first look last week at Medicare's reimbursement rates for round one of the program. Late Thursday, CMS revealed its new allowables for the items included in the first round, with average savings across the 10 product categories at 26 percent. The agency also said 64 percent of the winning bidders fell into the small business category, surpassing its original 30 percent contract target for small suppliers, ...

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