Details
June 9, 2020
2:00PM - 3:00PM
Webinar-Calculating the Financial Impact of Round 2021 Competitive Bidding on Your Non-Medicare Business
Hosted by: VGM & Associates
Presenter: Craig Douglas, VP of Payer and Member Relations, VGM Government
Without question, Round 2021 of Competitive Bidding (CB) will be the single largest force that will shift and shape the reimbursement landscape for DMEPOS suppliers in the foreseeable future for almost any DMEPOS supplier in the United States. Whether you conduct your business in a Competitive Bidding Area (CBA), a non-CB area, or a rural area, this upcoming round of CB will impact you, for better or worse. For many providers, these changes will not only impact their Medicare business, but their business with third-party payers as well. Providers need to review and familiarize themselves with the contract language of their existing payer agreements, and to see which contracts have reimbursement rates that are tied to the Medicare fee schedule, how they are tied to Medicare, etc., so they are better prepared for the changes that are coming in 2021.
In this webinar, we’ll outline the tools VGM has developed that will help providers better prepare their business for these upcoming changes.
Learning Objectives:
- Learn how to identify and understand the structure of your existing contracts.
- Understand how Round 2021 can/will impact your non-Medicare business, including changes coming next year and what is driving the changes.
- Learn how to predict the revenue impact Round 2021 will have on your commercial and Medicaid contracts.
- Learn how to use VGM’s revenue tools to model different scenarios and determine at what price point(s) additional action may be required on your part regarding your third-party payer and Medicaid contracts.
To Register: Click Here
Printer-Friendly Version
Add to Calendar
aCLuDhaqizCaPxAftmqF167204
06/09/2020 02:00 PM
06/09/2020 03:00 PM
false
Webinar-Calculating the Financial Impact of Round 2021 Competitive Bidding on Your Non-Medicare Business
Presenter: Craig Douglas, VP of Payer and Member Relations, VGM Government
Without question, Round 2021 of Competitive Bidding (CB) will be the single largest force that will shift and shape the reimbursement landscape for DMEPOS suppliers in the foreseeable future for almost any DMEPOS supplier in the United States. Whether you conduct your business in a Competitive Bidding Area (CBA), a non-CB area, or a rural area, this upcoming round of CB will impact you, for better or worse. For many providers, these changes will not only impact their Medicare business, but their business with third-party payers as well. Providers need to review and familiarize themselves with the contract language of their existing payer agreements, and to see which contracts have reimbursement rates that are tied to the Medicare fee schedule, how they are tied to Medicare, etc., so they are better prepared for the changes that are coming in 2021.
In this webinar, we’ll outline the tools VGM has developed that will help providers better prepare their business for these upcoming changes.
Learning Objectives:
Learn how to identify and understand the structure of your existing contracts.
Understand how Round 2021 can/will impact your non-Medicare business, including changes coming next year and what is driving the changes.
Learn how to predict the revenue impact Round 2021 will have on your commercial and Medicaid contracts.
Learn how to use VGM’s revenue tools to model different scenarios and determine at what price point(s) additional action may be required on your part regarding your third-party payer and Medicaid contracts.
To Register: Click Here
----
