EPISODE · May 13, 2018 · 36 MIN
Medicare Applications by the Numbers Pharmacy Compliance Guide
from R.J. Hedges Podcast · host RJ Hedges
A lot of people ask me about Medicare. There is a lot of confusion about who needs what number. Immunizations Really easy process to get a number. The pharmacy would complete the 855 B application. Applications have a fast turnaround-usually a month YOU DO NOT NEED to be ACCREDITED Medicare Number –This division (NSC) takes about 3 months to issue a number. This application requires you to carry a surety bond and have a certificate of liability with NSC as the certificate holder as well as your AO (if you have one). New applications, as well as re-validations, will require owners and authorized officials to be fingerprinted. Two ways to complete For non-accredited drugs only o Benefits For DMEPOS accredited items o Benefits o Accreditation o Exemption o Revalidation Revalidation happens every 3 – 5 years What that means You “update” your Medicare application and pay Medicare $$. Every year they change the Medicare application fee. For 2018 it is $569 per application.
What this episode covers
A lot of people ask me about Medicare. There is a lot of confusion about who needs what number. Immunizations Really easy process to get a number. The pharmacy would complete the 855 B application. Applications have a fast turnaround-usually a month YOU DO NOT NEED to be ACCREDITED Medicare Number –This division (NSC) takes about 3 months to issue a number. This application requires you to carry a surety bond and have a certificate of liability with NSC as the certificate holder as well as your AO (if you have one). New applications, as well as re-validations, will require owners and authorized officials to be fingerprinted. Two ways to complete For non-accredited drugs only o Benefits For DMEPOS accredited items o Benefits o Accreditation o Exemption o Revalidation Revalidation happens every 3 – 5 years What that means You “update” your Medicare application and pay Medicare $$. Every year they change the Medicare application fee. For 2018 it is $569 per application.
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Medicare Applications by the Numbers Pharmacy Compliance Guide
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