Tag: Data Analysis

WASHINGTON - AAHomecare's latest analysis shows a 33% decrease in the number of unique traditional DME suppliers since the beginning of competitive bidding and a 31% decrease in the number of traditional DME supplier locations.The states with the biggest reductions in the number of unique traditional DME suppliers from November 2010 to January 2018 are Florida (52%), California (45%), Illinois (42%) and Texas (39%).AAHomecare says its analysis doesn't include big merchandisers like Walmart—only...

WASHINGTON - Claims submitted by providers that have the highest claim error rates or billing practices that vary significantly from their peers will soon face increased scrutiny, CMS has announced. As part of an expanding “Targeted Probe and Educate” program, the Medicare Administrative Contractors will identify these providers through data analysis. “TPE claim selection is different from that of previous probe and educate programs,” the agency stated in an Aug. 14...

A. Analytics can be a powerful tool in the DME space when leveraged properly, but the key to making implementation most effective is a complete understanding of analytics' capabilities and best practices.  A common misconception is that analytics is simply software, leading to data being loaded into a system, but not properly utilized. It is important to recognize that analytics is actually the systematic use of data and varied business assumptions, developed through the application of...

A. Analytics solutions give you the laser focus necessary to successfully understand consumer patterns. This positions HME organizations to execute programs that capture incremental revenues and gain a competitive advantage. When looking for analytics solutions, there are several things you should consider. � Resource requirements: Understanding your business requirements will allow you to choose a solution most compatible with the resources on hand. � Meeting your needs: Many companies...