New Revenue Stream
Benefits for Health Care Facilities
Increased revenue: Medolutions’ wholesale program combined with the Bio-Back’s wider applicability offers health care professionals and providers a significant revenue enhancement.
Increased per diem reimbursement: Proper MDS documentation can also have a positive affect on the RUGs score which could potentially increase per diem reimbursements.
Injury reduction and cost savings: Bio-Back helps reduce Worker’s Compensation premiums and related costs. It also reduces the need for temporary staffing, thereby maintaining efficiency while controlling costs.
Can impact survey: There is an increased focus by surveyors on pain intervention. Use of the Bio-Back directly addresses resident back pain.
Bio-Back Reimbursement Information
- Classified by the FDA as a Non-Invasive Medical Device.
- Qualifies for coverage by third party payors including Medicare, Medicaid, Worker’s Compensation and most insurance companies.
- Reimbursed under HCPCS Code L0627 for a number of indications, including "to otherwise support weak spinal muscles and/or deformed spine."
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While reimbursement varies by state and payer, the national average Medicare Part B reimbursement of $370 (for 2009) demonstrate the significant revenues available.
Get Started Today
Our Sales Associates would be pleased to work with you to evaluate the revenue potential for your facility, based upon your state and payer mix. Please contact us at sales@medolutions.com to request more information.