Member Q&A From Craig Douglas: Round 2021 of Competitive Bidding

Published in Member Communities on March 02, 2020

Q: "How is Round 2021 of Competitive Bidding going to impact my non-Medicare business, and what should I be doing now to prepare for those changes that are coming next year?"

A: 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. VGM has developed some tools that will help providers better prepare themselves for these upcoming changes. 

If you have any questions, reach out to Craig Douglas at (877) 218-2825 or craig.douglas@vgm.com, and be sure to stay tuned for information regarding upcoming tools and webinars about this topic!

From Our Experts

Insight for Aging Services Professionals: The Role of Clinical Home Modifications thumbnail Insight for Aging Services Professionals: The Role of Clinical Home Modifications VGM Live at Home member Katy Dodd from LifewiseCHM in Kansas City was featured on the ComForConnections Podcast regarding aging in place professional services. Collaboration in Post-Acute Homecare: Partner Connections at VGM Heartland 2024 thumbnail Collaboration in Post-Acute Homecare: Partner Connections at VGM Heartland 2024 This year at VGM Heartland Conference, attendees can engage in a new opportunity for connecting with vendor partners on the final day of the conference. Audit Climate – Taking The Temperature thumbnail Audit Climate – Taking The Temperature As we near the midpoint of 2024, what are the main billing/reimbursement headaches being faced by providers? Collaboration in Complex Rehab Technology and Post-Acute Homecare: Partner Connections at VGM Heartland 2024 thumbnail Collaboration in Complex Rehab Technology and Post-Acute Homecare: Partner Connections at VGM Heartland 2024 This year at VGM Heartland Conference, attendees can engage in a new opportunity for connecting with vendor partners on the final day of the conference. Collaboration in Women's Health and Post-Acute Homecare: Partner Connections at Focus at Heartland 2024 thumbnail Collaboration in Women's Health and Post-Acute Homecare: Partner Connections at Focus at Heartland 2024 This year at Focus at Heartland Conference, attendees can engage in a new opportunity for connecting with vendor partners on the final day of the conference. A Note from the VP, Jim Greatorex: May 2024 thumbnail A Note from the VP, Jim Greatorex: May 2024 Jim Greatorex, VP of VGM Live at Home, shares the latest information about ongoing initiatives, reintroducing a new vendor partner, and more. Member Spotlight: Frank Wasilewski, Vice President of Sales at Access thumbnail Member Spotlight: Frank Wasilewski, Vice President of Sales at Access Frank Wasilewski, Vice President of Sales at Access, has been involved in making homes more accessible for people with mobility needs. Unlocking Innovation in Healthcare: A Spotlight on Direct Supply thumbnail Unlocking Innovation in Healthcare: A Spotlight on Direct Supply As the healthcare landscape continues to evolve, we recognize HME and DME providers play a critical role in ensuring patients receive the best care possible. In this blog post, we shine a spotlight on Direct Supply, a Milwaukee-based, employee-owned private company and trusted partner with nearly four decades of experience in the industry. Read on to discover what sets Direct Supply apart and why partnering with us is a game-changer.