The demand for durable medical equipment (DME) is rapidly increasing. With a devastating increase in people living with chronic conditions, the healthcare industry is embracing technological advancements to improve their quality of life.
For businesses and organizations that provide DME services to their patients, accreditation is incredibly important. Here’s a brief guide on DME accreditation, who needs it, and what are its benefits:
What is DME Accreditation?
DME accreditation certifies the quality and safety of durable medical equipment suppliers and providers, which can include:
- Clinics
- Hospitals
- Home health agencies
- Long-term care facilities
Healthcare facilities that bill Medicare for DME services are mandated to become accredited. Several state laws and private insurance companies also require DME service providers to become accredited.
Centers for Medicare and Medicaid Services (CMS) is a government organization that verifies if your business meets standard safety regulations. However, keeping up with the strict CMS guidelines can be challenging. Consider seeking help from third-party DME accreditation solutions to speed-track the process. They will help you comply with state regulations and boost your healthcare business.
Benefits of DME Accreditation for Healthcare Businesses
Here are some reasons DME accreditation is necessary for your healthcare business:
Compliance with Medicare
As mentioned earlier, all DME providers are supposed to follow CMS guidelines. By following these health and safety guidelines, you can ensure compliance with Medicare. Accreditation allows you to show your compliance and avoid penalties in the long run.
Increased Reimbursement Rates
Medicare is a U.S. government healthcare insurance program that covers various aspects of healthcare, including hospital stays and medical equipment. Many suppliers receive reimbursement for durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS).
Accreditation can help you gain higher reimbursement rates from Medicare. This will allow you to focus on improving the quality of care and boost revenue.
Improved Patient Satisfaction
The DME accreditation process is long and aggressive. It checks whether the healthcare business is qualified and has stringent policies to ensure patient safety. It also analyzes staff training, the use of proper equipment, and equipment maintenance.
When patients realize that you prioritize patient safety, they are more likely to form long-term connections.
Competitive Advantage
Given how cut-throat the field of medical supplies is, businesses need targeted strategies to rise above the competition. DME accreditation can help you do that!
It will demonstrate your commitment to safety and help you gain a competitive advantage.
Risk Management
Managing a healthcare organization means dealing with legal risks and malpractice claims. The process of accreditation is thorough and enforces policies that can help DME service providers avoid paying penalties and fines. You will have clear evidence of taking safety protocols, allowing you to fight lawsuits.
Peace of Mind
With DME accreditation, you can have peace of mind knowing your operations and equipment are not exposed to any risks. Moreover, with dedicated DME accreditation solutions, you can take some load off your shoulders. This will allow you to focus on what truly matters: Providing unmatched healthcare facilities to patients.