Tag: Binding Bids

WASHINGTON - Industry stakeholders took a quick victory lap last week, after binding bids language was passed as part of the “doc fix” bill, but then got back to work. “This is a big step, finally, to have this legislation passed,” said Tom Ryan, president and CEO of AAHomecare. President Obama signed the “doc fix” bill, which prevents a 21.2% cut to physician payments, into law on April 16. In addition to binding bids, the bill requires providers to provide...

WASHINGTON - Reps. Pat Tiberi, R-Ohio, and John Larson, D-Conn., have introduced a bill that would require providers to obtain bid bonds as part of future rounds of competitive bidding. H.R. 4920, the Medicare DMEPOS Competitive Bidding Improvement Act of 2014, would also require providers to prove they meet licensure requirements before they submit bids. “AAHomecare is putting the full weight of the industry behind this practical piece of legislation,” stated Tom Ryan, president and...

WASHINGTON - Reps. Pat Tiberi, R-Ohio, and John Larson, D-Conn., have introduced a bill that would require providers to obtain bid bonds as part of future rounds of competitive bidding.H.R. 4920, the Medicare DMEPOS Competitive Bidding Improvement Act of 2014, would also require providers to prove they meet licensure requirements before they submit bids.“AAHomecare is putting the full weight of the industry behind this practical piece of legislation,” stated Tom Ryan, president and CEO...