(May 2012) The signature of the Medicare beneficiary is important. The HME provider needs the beneficiary’s signature on an AOB. Before an HME provider calls a prospective customer, the provider needs the beneficiary’s written permission. And the list goes on. Fortunately, technology and a federal statute have intervened to make it easier for the provider […]
(March 2012) Consignment Closets A consignment closet is also known as a loan closet or a stock and bill arrangement. An HME company may place inventory in an office or facility that is a referral source such as a physician, hospital, or sleep lab (collectively referred to as a “facility”). The inventory must be for […]
(January 2012) There are many reasons behind the decision to buy or sell an HME company. An entrepreneur may have built a business up “from scratch” and is now ready to cash out and walk the beaches of Cancun. At the opposite end of the spectrum, the owner may be tired of the daily regulatory […]