Input Screen
Report Screen
Financial Measures for DMEPOS Competitive Bidding
See your company's financial reports the way Medicare will
Now, DME suppliers which are preparing to bid have the tool to manage the 10 financial ratios that CMS and the CBIC will use when evaluating bids. The application collects 11 values from the financial reports that will be submitted with a bid - it calculates the ratios and prepares a report.
Use it before filing the next income tax return to protect any opportunity that may exist for changing the outcome.
CMS and the CBIC have not released any standard for any of the ratios, so no one knows what an acceptable performance is. Therefore, providers should seek to exceed industry norms by the greatest practical amount.
