Page 10 - HME Business, January/February 2020

10 HMEBusiness | January/February 2020 | hme-business.com
Management Solutions | Technology | Products
As the HME industry rolls into a new year and a new decade, several industry trends make it look like we’re in for a roaring 2020. What developments have made it onto this year’s annual HMEB Big Ten list?
TBy David Kopf
he HME industry settles into its seats. The house lights dim. A hush washes over the theater. The orchestra pit plays the opening notes of the overture. The curtains part. The floodlights are shining upward. A new year
for providers takes center stage. What do the next 12 months have in place for HME busi- nesses? Our annual Big Ten list will try to offer a playbill so you can stay on top of the show.
Each January, we assemble the HME Business Big Ten to review the trends, chal- lenges and opportunities that will define
the next year. Suffice it to say that this
year’s storyline isn’t short on show-stopping moments. A variety of regulatory and market- place factors are influencing how HME owners and operators run their businesses, but we’ve landed on 10 key items that we are positive will help define 2020. They are:
• Round 2021 fee and contract announcements • The expansion of six-year lookback audits
• The need for diversified payers relations
• Medicare and Medicaid managed care
• Strategic Software advancements • RPM for oxygen
• Wearable health
• e-Prescription
• The expansion of resupply • CBD