PRESS RELEASE For Immediate Release, Competitive Bidding, Round #2 Re-compete
FROM Dave Marquard, CEO & Owner
March 21, 2016
On Tuesday evening, March 15, 2016, CMS announced another round of oxygen reimbursement cuts as high as 16% to be effective in the next few months. You can reduce or
save 38% of your oxygen costs with every new patient, patients that are distant or use a lot of tanks or even all your oxygen patients. This action will more than offset the cuts and improve your profitability, by adopting the OxyGo Non-Delivery Business Model and we can help.
First, equipment costs are only a small fraction of the cost drivers for serving oxygen patients. The majority of tangible costs or expenses of serving oxygen patients are operations costs like labor, delivery, and compliance expenses. Let's examine how to reduce or eliminate these expenses by replacing tanks with a portable oxygen concentrator (POC) and a stationary oxygen concentrator (SOC). Click here to find out what your cost of providing oxygen therapy to your patients would be!
• First, POCs eliminate the delivery, acquisition, maintenance, and hazards of a high pressure oxygen cylinder or liquid vessel. The delivery of a POC to a patient can be accomplished in a simple passenger car or van. There are no haz-mat risks, training, placarding or even a proper tank delivery vehicle needed. Delivery and compliance costs normally exceed $50 per delivery, making even one delivery per month of tanks to the patient difficult for providers to make a profit.
• POCs provide broad mobility including air travel (OxyGo is FAA approved) for the oxygen patient far more than tanks even from a home fill system. All compressed gas cylinders are prohibited for use on board commercial aircraft.
• Even ultra-high pressure home fill systems provide a cylinder with a finite amount of oxygen at high electricity costs, POCs never run out of oxygen because the patient can use and charge their OxyGo at home, in their car, and anywhere there is a 100 to 240 VAC outlet or 12 VDC outlet in a car. POC patients never run out of oxygen.
• POCs eliminate the cost of DOT, FDA, and all safety risks associated with high pressure or cryogenic oxygen. Plus, there is no need for costly maintenance and periodic hydrotesting or re-certification of oxygen tanks or reservoirs.
Bottom line, POCs will save you at least 38% of operations cost of serving oxygen patients. "Prove it to yourself with a free, no obligation OxyGo Non-Delivery Model Analysis by visiting www.OxyGo.life or call us toll free at 888-327-7301."