Saturday, February 16, 2013

68% Wouldn't Accept CMS Round 2 Contracts

If offered bidding contracts, 68% of providers say they wouldn't accept | HME News:

"In a recent HME NewsPoll, 68% of providers said they do not plan to accept a CMS contract for Round 2 of competitive bidding. . . .

“A 45% decrease is impossible,” said Jack Lentz, clinical director at Southampton, Pa.-based Respiratory Therapy Services. “In fact, it’s criminal and should be investigated.”

Of the respondents who said they would not accept a contract, 39% said they plan to shift their focus to non-Medicare payers.

“Let the people who made the suicide bids try to live with those rates and the increased audit exposure,” said Terry Racciato, president of San Diego-based SpecialCare."

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