Medical Device, O&P and DME Reimbursement
As a medical device, DME, or O&P company, you are increasingly becoming dependent upon commercial payer contracts, PBMs, formularies, and GPOs to enable new revenue as an integral part of your business. Whether you sell your products to medical practices, directly to patients or through third-party resellers or OEMs, a reimbursement strategy is key to your revenue and profit growth.
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New Contracts and Connections for Optimal Medical Device, O&P and DME Reimbursement
At Healthcents, we have decades of experience in all facets of the healthcare and managed care contracting industry. This gives us a unique skill set to help medical device, DME and O&P companies to maximize their profitability through new contracts and connections. We offer the following services, which can be purchased a la carte or together:
- Contract negotiations: We have negotiated thousands of profitable contracts for medical device manufacturers and distributors of all sizes and product lines. We know how to find the right people at an insurance company/payer and explain your unique value proposition in a way that is compelling for you, the payer, and the patient. We have a proven process to handle negotiations from start to finish: many see average provider reimbursement increases of 10%-20% and ROI often exceeds 8X-10X.
- Medical device, O&P and DME reimbursement analysis: Through our RevolutionSoftware, we can dig deep into your current fee schedules and agreements to identify areas for revenue improvement. This is software technology you will find nowhere else – it lets you perform analyses and modeling that used to take an entire actuarial department.
- Claims management: We can trouble shoot claims with payers that are not being accurately processed and reimbursed.
- New business development and marketing: With our nationwide network of contacts at third-party payers, hospitals, large self-insured employer groups, GPOs, Formularies, and other entities, we can get you in the door and connected with new prospective patients.
Reimbursement Expertise for Your Medical Device, O&P or DME Company
There’s a reason why we have rave reviews from clients around the country and are the go-to experts for organizations such as Medtrade, the AUA, AAOE, and AAOS: we have a proven track record. We have more than 20 years of experience and a leadership team with hands-on experience in the healthcare, managed care contracting, marketing and technology fields. But really, our success is based on your success. Quality work, focus, and passion for you is in everything we do.
Contact us now and let’s discuss your managed care contracting needs and how we can assist.