How Doctors of Chiropractic Can Bill Medicare Legally for Durable Medical Equipment

Why Should You Attend:

Treating one patient per day can generate a revenue of $10,000+ per month. Doctors of chiropractic practices are now facing the fact their professional services reimbursements are shrinking from all insurance companies and especially 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 last 5 years have been referring the 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. Medicare also took away their direct ability to get a Medicare DME PTAN number. For DME Medicare is one of the best payers in the country but you must understand how to get a DME license to bill them and how to comply with their legal guidelines such as the Stark Act and Anti-Kickback Statue. This webinar will impart strategies to get back in the game.

Areas Covered in the Webinar:

• How to set up your corporation to get a Medicare DME PTAN #
• Understanding the Anti-Kickback Statue and Stark Act
• Developing a legal compliance program
• How to get a Rx Script that will get paid
• Understanding how to bill Medicare
• Understanding the prevention of and protection from audits
• The three keys to Medicare billing
• What every DC needs to do to become a Medicare DME provider
• How to become a DME supplier for your practice and dozens of other practices through full accreditation

Who Will Benefit:

This webinar will provide valuable info for Doctors of Chiropractic and their staff intending to dispense and bill for Durable Medical Equipment in their practice.

• Doctors of Chiropractic
• DC assistants
• Administrators
• Billing personnel
• Compliance officers

Instructor Profile:

Gregory J. Simms, is President and founder of DME Advanta, LLC. In 2006, he developed the revolutionary new Durable Medical Equipment Revenue Program for the Healthcare Industry. He has provided this DME Revenue Program model successfully across the country. 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 for Durable Medical Equipment dispensing programs assisting Doctors of Chiropractic to get their Medicare DME license and providing a comprehensive Legal Compliance Program to be compliant with the Anti-Kickback Statue and Stark Act.

His experience includes the Orthotics & Medical Device industries for the Orthopedic, Neurological, Chiropractic, Podiatric and Pain Management marketplaces, as well for Hospitals and Ambulatory Surgical Centers. He has vast knowledge in the areas of Managed Care and Insurance Reimbursement. He has been selected as a speaker at several industry annual meetings, has had published articles in Orthopedic industry periodicals, and provided numerous educational webinars.

Topic Background:

Doctors of Chiropractic are looking anxiously for a new revenue stream with existing patients. Operational costs are rising but professional reimbursement from insurance companies is going down while patient loads are getting smaller. By providing Durable Medical Equipment to their patients rather than referring it out, they can develop a new revenue stream while improving patient care. However the laws are very strict and dangerous and you must have a Legal Compliance Program in place to stay out of harm’s way from the laws such as the Anti-Kickback Statue and Stark Act. Ignorance is not held as a valid excuse by the government and a practice can easily be shut down for not having the right Legal Compliance Program in place. It is very easy to get confused and proper guidance can help you avoid these regulations. Fines can be up to $15,000 per patient incident & Felony charges and be given.

Follow us :