All practices are facing the fact their professional services reimbursements are shrinking from all insurance companies & especially from Medicare. Patient loads are smaller due to the economy and operating costs are skyrocketing. Everyone needs to look at additional revenue opportunities with their own patient base while they maximize patient clinical outcomes. Practitioners for years have been referring the DME business to O&P shops, manufacturers or 3rd parties because they have been told and believe it is illegal to bill Medicare patients and it is not profitable. It is not if legal but how to do it legally. Learn how to get a DME PTAN license to bill Medicare and how to deal with their legal guidelines to prevent audits. Come to understand how to comply with Federal Guidelines such as the Stark Act & Anti-Kickback Statue. These are your patients so it should be your monies all while you provide great patient convenience and maximize their clinical outcomes.
In this Durable Medical Equipment webinar you will learn to develop a DME revenue program while protecting your senior patients from unnecessary surgeries, improve their quality of life and help lower healthcare costs. With as little as 1 patient per day you could develop $10,000+ revenues per month.
Then explore the strategy of accreditation that would allow you to draw the same revenues from other practices.
Business Opportunities, Legality, Myths vs. Reality, Operational Necessities Guidelines
Learn how to provide your Medicare patients with Durable Medical Equipment to maximize patient clinical outcomes while developing a great revenue stream. The key is how to maintain legal compliance. Understand the process in how to get the proper licensure called DME PAN # and know the Federal & State Guidelines on healthcare industry DME program. Then learn how to get fully Accredited that can grow your business dramatically!!
Doctors or Administrators of these general practices or these specialties:
Years of Experience: 20+ years
Areas of Expertise: Legal Compliance, Billing, Coding Operational Management, & Inventory for Durable Medical Equipment Revenue Programs
Gregory J. Simms, President & CEO founded DME Advantage, LLC. in 2006 where he developed this revolutionary new Durable Medical Equipment Revenue Program in the Healthcare Industry. He has provided this DME Revenue Program model successfully across the country for hundreds of medical practices in numerous practice specialties. Gregory J. Simms has over twenty years of experience at the executive level in the medical, healthcare and consulting industries. His expertise is in the area of Legal Compliance, Billing, Coding Operational Management, & Inventory for Durable Medical Equipment revenue programs. He also assists physicians to get their Medicare DME license and provides a comprehensive Legal Compliance Program to be compliant with the Anti-Kickback Statue and Start Act. He has experience in the Orthotics & Medical Devices industries for the Orthopedic, Neurological, Chiropractic, Podiatric and Pain Management marketplaces, as well for Hospitals and Ambulatory Surgical Centers.
He is an industry expert who has been selected as a speaker at numerous industry annual meetings, has had published articles in Orthopedic industry periodicals, and provided numerous educational webinars.View all trainings by this speaker