Medicare Applications by the Numbers: Pharmacy Compliance Guide - PPN Episode 603
May 14, 2018•37 min•Ep. 603
Episode description
The NEW Segment part of the 'Pharmacy Compliance Guide' is hosted by Jenny Schell, CDME Sr. Compliance Strategist with R. J. Hedges & Associates.
Podcast on Medicare Applications by the Numbers
A lot of people ask me about Medicare. There is a lot of confusion on 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 ACCREDIATED
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.
Contact Jenny: Website: www.rjhedges.com
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