Archive for The Day of July 19th, 2005

Archive for the Day of July 19th, 2005

Welcome to the medical billing blog archive for the day of July 19th, 2005.

Here you will find links to every article added to the Outsource Management Group web site during July 19th, 2005.

You can browse this day's archives by clicking the "More" button from any of the excerpts below.

Is DME A Profitable Venture?

Is DME A Profitable Venture? Until recent years, not really. The cost of the products versus having to track claims, find re-imbursements, and keep up with claims status; made DME a very labor intensive venture. With the advent of specialized DME/HME software, secure internet connections, and standardized billing procedures; DME can now be a very profitable venture. In your practice, you will want to be sure that the product(s) you are dispensing are profitable. You need to watch the pricing of the product costs, in some instances, your product costs may be more than the carrier is willing to reimburse you for. When handling for Medicare patients, the process is

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