Competitive Bidding Round 2 is in full swing. Providers in the affected areas of the country are in the bidder registration process if they are going to submit a bid. Rock-Pond Solutions recently gathered with a group of home care providers at the Mediware Conference to discuss the impact on their organizations and offer some strategies for working through this process. Rock-Pond has assisted providers in Round 1 with CMS reporting requirements and has expanded our reporting offering to assist in the round 2 process as the number of services covered has expanded.
The following are some questions to ask during the process. Our Rock-Pond Reports product has the reports you’ll need to get the answers to these questions. As always, you’ll be able to pull these answers directly from the data in your CPR+, HomecareNet, Ascend or Caretinuum software.
Pre-Bid questions
- Should I register to submit a bid?
- What is the financial impact if I do not get the bid?
- What price should I bid
- What is my mix of Medicare patients in the CBA’s I service for the services covered by Competitive bidding?
- What other services (non-competitive bidding) are these patients being provided?
- What referral sources will be impacted
Post-Bid questions
- Changes to the intake processes
- Changes in the pricing and billing processes
- Reporting requirements to CMS
- Ongoing business analysis on the impact of competitive bidding
Find out what Rock-Pond Solutions can do for your organization. Click on the link below, or call 501-450-6446, and one of our representatives will follow up with you to schedule a demo of our reporting solutions.
[...] you’ve got! For more information about questions to ask before and after you bid, review this post from September 2010. ….. Most Commented PostsPECOS Database AuditRock-Pond Information CenterNHIA [...]