I have a question. I have started a business about two years ago that I have been quite successful at. I am an RN and I have made contracts with clients in my community for help with medication management, that includes things like filling their pillboxes on a semimonthly or monthly basis for a privately paid fee. I am, however, not very knowledgeable regarding insurance reimbursement, and regulations. By the way, I live in Florida.
I feel that if I were to be able to be reimbursed by insurance, that it may provide a larger customer base, especially for those individuals that have difficulties with payment.
My questions are as follows:
1. Has anyone ever heard of insurance reimbursement for this basic type of business?
2. Does anyone know if it would benefit me to make my business a PRIVATE nursing business? For example- get licensed as a private nursing business within my state?
3. Does anyone know if Medicaid or Medicare B would pay for these services? (I know that Medicare A pays for home health businesses that are Medicare certified, but that it will not reimburse "maintenance medication management" which is basically what this is)
4. Could I convert my business to a HOME HEALTH AGENCY focused on medication management only? Or would I need to have therapy services, etc.... for home health licensure....?
Any ideas/answers would be highly appreciated:) Thank you for the time!!
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Hello,
I have a question. I have started a business about two years ago that I have been quite successful at. I am an RN and I have made contracts with clients in my community for help with medication management, that includes things like filling their pillboxes on a semimonthly or monthly basis for a privately paid fee. I am, however, not very knowledgeable regarding insurance reimbursement, and regulations. By the way, I live in Florida.
I feel that if I were to be able to be reimbursed by insurance, that it may provide a larger customer base, especially for those individuals that have difficulties with payment.
My questions are as follows:
1. Has anyone ever heard of insurance reimbursement for this basic type of business?
2. Does anyone know if it would benefit me to make my business a PRIVATE nursing business? For example- get licensed as a private nursing business within my state?
3. Does anyone know if Medicaid or Medicare B would pay for these services? (I know that Medicare A pays for home health businesses that are Medicare certified, but that it will not reimburse "maintenance medication management" which is basically what this is)
4. Could I convert my business to a HOME HEALTH AGENCY focused on medication management only? Or would I need to have therapy services, etc.... for home health licensure....?
Any ideas/answers would be highly appreciated:) Thank you for the time!!