How Investing in DME Could Save Billions of Dollars

VGM Government Relations and Leitten Consulting recently published an updated study, “Competitive Bidding -A Decade Focused on the Wrong Prize: The Case for Medicare Investment in DME in 2021.” This study looks at how investing in Durable Medical Equipment (DME) instead of trying to control distribution, specifically regarding chronic obstructive pulmonary disease (COPD), obstructive sleep apnea (OSA), and falls, can save the government billions of dollars, as well as allow for more providers and greater care of beneficiaries. 

If CMS re-allocated funds towards investing in durable medical equipment (DME), including items such as mobility DME, oxygen therapy, and CPAP therapy equipment and supplies, they could actually save money. Why does this matter to you? Because when proper funds and resources are invested into the products and services you and your loved ones rely on, the risk of falling or future injuries decrease, and the quality of care and equipment you and your loved ones receive – as well as the cost-savings – will increase. 

That is why it is so important to keep in contact with your members of Congress and policymakers to help them understand that when proper funds are invested into the products and services you rely on, the quality of care for you and your loved ones’ will increase. 

Patient Safety Awareness Week is coming up, and what better way to help spread awareness than by sharing this study that shows how falls and injuries cost the healthcare system money, but when proper investments are made into quality equipment and services provided by DME suppliers, those falls and injuries are prevented because the end-user – you or your loved ones – are fitted in a quality piece of equipment, lowering your risk of future injury. 

Click here to read the full study. 

Click here to listen to Industry Matters podcast episode, “A Deep Dive into the “Competitive Bidding - A Decade Focused on the Wrong Prize the Case for Medicare Investment in DME in 2021” Study,” which explains the significance of this study.