For a free list of all possible DME categories that you can apply for, call: These policies and procedures are the backbone of starting your DME business and describe how you will, provide equipment to patients, keep patient records, maintain a safe OSHA complaint facility, operate human resources, perform performance management, perform accounting functions, and much, much more.
Our policies and procedures are the cheapest and most comprehensive that you can buy. You must have a set of policies and procedures prior to your accreditation inspection, they are the first thing the accreditation inspector will ask to see when he comes through your front door! For free information on the DME policies and procedures sold on this website, call: The third step for starting a DME business is to choose which DME accreditation organization you would like to become accredited through.
Before you can send in your CMS s application for a Medicare billing number, you must be accredited by any 1 of the 10 accreditation organizations. Medicare has given the contract to 10 accreditation organizations to perform inspections on DME businesses and you can choose to be accredited by any 1 of the Each accreditation organization has different specialties and pricing. For free information on which accreditation organization is right for your DME business, call: Many of the accrediting organizations have different prices depending on the categories of DME that you are going to provide.
This special discount pricing is not made public or posted on their websites. So, you will also need to contact the health department in your state to find out if you need to be licensed to sell the types of equipment you are interested in selling. Find a space to sample your wares. You will need a facility to house your business, such as retail store or office where interested buyers can see your products. The size you will need for this facility depends on the products you plan to sell. Bear in mind that you will need space to use as both store and office.
Your storage facility must be clean and free of dust to prevent your supplies from becoming contaminated. And the temperature must be friendly with the supplies that you will be storing. Whether you will buy the space you need or rent it, the location is of utmost importance. For example, if you plan to sell supplies used by doctors and other health care professionals, you must consider a locality where there are a good number of hospitals.
Since you will not be manufacturing the medical supplies yourself, you need to find manufacturers or distributors from which you can buy them. While some brands can be purchased directly from the manufacturers, others can only be purchased from specific distributors due to contracts between such distributors and the manufacturer. You can locate distributors online and in business directories. Like most medical supply businesses, your business will open during business regular working hours.
Though you may be able to run the business on your own from the outset, you will later need someone to assist you, especially as the business grows. Hiring at least one staff member to assist you will give you more flexibility in running your business, it will allow you to take breaks, pursue supply contracts or go on vacation whenever you feel like.
However, you must bear in mind that the success of your business can hinge largely on the competence of the staff you hire.
So, strive to hire the best employees so that they will contribute to the growth of your company. With everything set, you can start advertising your business to create awareness. Without marketing, no one will know about your business. Although there are many avenues for online and offline advertisements, you should consider only those avenues that will help you reach your target market.
A business plan is required for all owners of new businesses, including those who wish to work with durable medical equipment. The business plan is a large plan that shows the desired direction of the business and suggests marketing and production methods that will allow the business to reach short-term and long-term.
Zenergy Medical Industries medical equipment - supplies business plan executive summary. Zenergy Medical Industries will sell therapy systems for residents of Homecare and Assisted Living Facilities with X disease. Their contracted clinician/salepeople will establish ongoing relationships/5(17).
Free Durable Medical Equipment Durable Medical Equipment Sample Business Plan for Durable Medical Equipment - Business Plan # Zenergy Medical Industries medical equipment - supplies business plan market analysis summary. Zenergy Medical Industries will sell therapy systems for residents of Homecare and Assisted Living Facilities with X disease. Our industry is Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS), focusing on the elder care /5(17).
A durable medical equipment business or DME business is a firm or a company which sells the health care assistance for home for a long period of time, these. Do you want to start a medical supply company from scratch? Or you need a sample medical supply business plan template? If YES, then i advice you read on.