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Medicare DME: Documentation, Billing and Collections
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Provider:
Cross Country Education, LLC
Topic(s):
Health Care
Who Should Attend?
DME Company Owners and Managers, DME Intake Personnel, DME Billing/Reimbursement Personnel, Office Managers of DME companies, Pharmacy Personnel interested in or currently providing home medical equipment, New/experienced Billers
Full Seminar Description
Participants will receive in-depth information on the latest changes affecting the home medical equipment industry along with hands-on instruction of the entire reimbursement process from patient intake and insurance verification through claim processing, accounts receivable management and denial response. The instructor will share billing techniques acquired from more than 27 years in the industry along with a proven method of managing your Accounts Receivable which will result in a dramatic decrease in your Days Sales Outstanding (DSO). Each seminar will include the very latest changes to Medicare Part B reimbursement guidelines along with strategies to react to them while maintaining a viable and profitable DME company. 6 CEUs. Fee per person EARLY BIRD 10 days before seminar: $199, $189 each for two to four people, $179 each for five or more. Fee per person REGULAR less than 10 days before the seminar: $219, $209 each for two to four, $199 each for five or more.A seminar for all personnel involved in the management and reimbursement of DME companies
With the nation's population growing older each year, the home medical equipment market is projecting a 14 percent annual growth. However, DME providers are being tested and challenged every day with a looming national COMPETITIVE BIDDING environment, MANDATORY ACCREDITATION, changes to the Power Mobility Device (PMD) benefit, cuts in reimbursement, increase program compliance, the Health Insurance Portability and Accountability Act (HIPAA), and increased pre/post payment audits and new guidelines requiring more detailed documentation.
The HME provider's challenge is to provide low-cost, high-quality services while maintaining compliance with all government, state and corporate regulations. In this comprehensive program you will learn strategies for responding to the constant changes in HME/DME reimbursement, how to avoid simple (but costly) mistakes in billing and techniques for improving cost efficiency, productivity, collections and profitability.
Participants will receive in-depth information on the latest changes affecting the home medical equipment industry along with hands-on instruction of the entire reimbursement process from patient intake and insurance verification through claim processing, accounts receivable management and denial response. The instructor will share billing techniques acquired from more than 27 years in the industry along with a proven method of managing your Accounts Receivable which will result in a dramatic decrease in your Days Sales Outstanding (DSO). Each seminar will include the very latest changes to Medicare Part B reimbursement guidelines along with strategies to react to them while maintaining a viable and profitable DME company.
WHO SHOULD ATTEND
- DME Company Owners and Managers
- DME Intake Personnel
- DME Billing/Reimbursement Personnel
- Office Managers of DME companies
- Pharmacy Personnel interested in or currently providing home medical equipment
- New and experienced Billers
- Customer Service Managers and Personnel
- Accounts Receivable Managers and Personnel
What You Should Bring: Participants may bring a current supplier manual to the program, if desired; however, it is not a prerequisite for the seminar.
"The information I learned could literally mean the difference between my business succeeding or failing. Very important information that I’ve been unable to find anywhere else." - John Kelly, President, Peoria Specialty, Inc.
"Bruce's DME knowledge and billing expertise combined with his passion for getting the job done right makes him an invaluable extension of our business." - Steve Votto, President, Beirne's Home Medical
"I learned many billing tips which I am anxious to take home and incorporate into our intake and billing departments." - Debbie Jackson, Office Manager, Adaptive Equipment Company
WHAT YOU WILL COVER
- Stay on top of industry changes affecting your bottom line
- Techniques that streamline the reimbursement process
- Complying with state/federal regulations
- Strategies for managing Accounts Receivable
- Examine new Medicare regulations and requirements
- Develop an effective patient intake system
- Seek, find and review new Medicare documentation
- Demonstrate effective coding and claim submission strategies to reduce denials
- Respond to denials and requests for additional information
- Implement an effective Accounts Receivable strategy to reduce DSO
Sponsor Background:
Leading the Way in Professional Development.
Cross Country Education is a national leader in high-quality educational products and services for the entire health care industry. Our seminars and training programs are designed to help health care providers achieve improved performance and results in all areas of clinical, financial and operational management. Our faculty of more than 150 instructors are the "best of the best" in their field of expertise and know how to provide programs that really make a difference to participants.
Since 1995, we have trained over 1,000,000 providers, managers, nurses, behavioral health professionals and other key personnel throughout the entire healthcare industry. We produce over 5,000 seminars and conferences annually for the health care industry. Plus, we coordinate in-house training for health care facilities. Let us provide your training and professional education needs!
Our Mission Statement
“CCE exists to identify and provide opportunities for relevant continuing education in a timely and geographically friendly manner that will meet and exceed the needs and expectations of targeted professionals.”
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