View Single Post
  #6 (permalink)  
Old 07-19-2010, 03:03 PM
Proactivia Proactivia is offline
HME Talk Member
 
Join Date: May 2010
Posts: 3
Downloads: 0
Uploads: 0
Question

Thanks for the feedback and as suspected the claims from the DME selling broker looks too good to be true or at least sound too easy to be true.

Some interesting points were brought up.

Are PTANs still issued? I thought they are legacy numbers like UPIN which has been replaced by NPI for new applications. This Medicare billing number for lack of a better name is tied to the TIN of whatever legal entity?

If the legal entity is a LLC and to convert it to a C Corp does the TIN need to be replaced? We need the DME to operate as a C Corp.

Given that we are likely to need the DME to be physically relocated and that it's unlikely to be carrying the Medicare covered product lines that we wish to claim for, the idea of acquiring an existing DME appears more trouble than it's worth.

We also notice that many DMEs being posted for sale are in areas like Florida and California where Medicare Fraud is being targeted. Red flags.

"There are no "short-cuts" to obtaining accreditation." and "there are no shortcuts and the statement you quoted smacks of being a scam." says it all from your posts.
Reply With Quote