Consultancy Project Approach Dr. Mark Rasmus MD, Medical Director of a Sleep Medicine Practice formed a partnership with three individuals, two (2) dentists (practicing sleep medicine dentistry) and an area physician. The group desired to start a sleep-related durable medical equipment (DME) company, later named Everything CPAP (ECPAP). Their initial monetary Investment was $150,000, including…
Consultancy Project Approach Approach & Methodology with Individual HME Organizations: Developed and implemented a Policy and Procedure Manual: That allowed organizations to meet accreditation standards from any of the ten CMS-approved accreditors. That was easily customizable to meet the individual HME organizational specifics (geography, equipment type, payer mis, etc.). That provided an internal tracking process…
Consultancy Project Approach Analysis: Compliance with TJC standards for oxygen, home ventilators, and other respiratory-related DME. The staff were evaluated for compliance with human resources, performance improvement and patient care standards (individual patient tracers conducted). VA hospital discharge and respiratory care staff interviewed relative to the quality of the provision respiratory-related services. Analysis of organizational…
Consultancy Project Approach Data Analysis: Market research performed in geographical areas. Surveyed area hospitals and home care organizations for potential gaps in needed services. SWOT conducted. Analysis of cost and revenue budgets and projections. Analyzed square feet of space needed to provide services. Researched potential physical locations. Determined accreditation needs. Process Design: Secured and designed…
Consultancy Project Approach Data Analysis: Mapped patient flow from admission through service provision and eventual discharge. Mapped cash flow from inception or service to collection. Analysis of cost and revenue budgets and projections. Analyzed Performance Improvement indicators. Analyzed services provided per square foot of space. Analyzed DME services and revenue lost due to inability to…
