“Starting a Medical Equipment Business”
Comment Page 1

  • peter said on August 16, 2011
    Hi. I live in the phoenix area and have recently been offered a position as a sales manager from a surgical manufacturing company located in Pakistan. What requirements are needed for me to sell surgical equipment in the U.S.?
  • Shawn Ratliff said on August 22, 2011
    Hi, I am looking forward to opening my DME business in Bogalusa, LA. Initially, the idea came from a very successful business man who offered me the opportunity to become a business woman with his help. He was going to provide the necessary finances, etc to get me started. I was very enthusiastic (at first) until I quickly came to the realization that this was going to benefit him much more than me (he was going to earn 50% profit under-the-table---ILLEGAL!!) So I decided to pursue this dream on my own but realize I have not a clue of where to start or even how to go about purchasing medical equipment for my sales. I also need to know about medicare/medicaid reimbursement. I need the whole 9 yards of the business. Thus far all I have accomplished is registration of my business with the Secretary of State and I have my EIN number. I know about other licensing such as city licensing, etc. I have a perfect location for my business, also. Please help!!!
  • Johnny Singleton said on August 22, 2011
    I am looking into opening a medical equipment supply in Texas. Our town has adopted a slogan of being the Retirement Capital of Texas. What is the best way to research information regarding this sort of business. I have known people that used to be in the business, but they have since passed. Any information would be helpful. Also, is there a Financial Institute that will loan money to get started?
  • Susan beginner adviser said on August 22, 2011

    @Shawn, congrats on your decision to start your company!  There are quite a few rules and regulations that you'll need to follow for Medicare and Medicaid.  A physical location is required so if you've got that and you've gotten started with your licenses, those are the first steps.  The Medicare website offers a lot of information and is a great place to start.  Do you know what type of equipment you'd like to sell?  If you have more specific questions, I'd be glad to help you.  My company offers consulting, credentialing and billing services. 

    Susan Reno
    pinnaclecollections@hotmail.com

  • john gibson said on August 29, 2011
    medsales@mac.com and nathan@prodigymedical.com above, emails is not correct. please put corrected email address because i need there information!
  • kaivan said on September 7, 2011
    I have developed a product for lower back pain and right now is in market but I am looking for a company to take over my product from production to selling. let me know if you know any of these companies thanks
  • nicole said on September 11, 2011
    Very close to acquiring medicare number yea! very scared about competitive bidding. We are located in michigan.We specialize in Respiratory equipment. anyone have any questions contact ncornchex@comcast.net
  • G S MULTANI said on September 15, 2011
    I am from India and planning to start MRI scan center. I would like to have information related to the total investment, products & company name and the space requirement to fit the equipment.
  • NISHANT AGGARWAL said on September 29, 2011
    WE WISH TO START TRADING BUSINESS IN MEDICAL EQUIPMENTS IN FARIDABAD-HARYANA-INDIA. PL ADVICE WHAT KIND OF TRADE LICENSES ARE REQUIRED TO START.WE HAVE THE SUPPLIER WITH US AND CUSTOMER WITH US, WE JUST WANT TO TRADE. REGDS, NISHANT
  • Deanna Myers beginner adviser said on October 3, 2011

    @Kaivan, There are a number of companies to look to...but my first question for you would be...has this product been approved by DMEPDAC? Also, is this a patient end-user product or should/would it be used by facilities?

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on October 3, 2011

    @Nicole, Competitive Bidding is a pretty daunting task! If I can offer some advice to you in that area. Make sure you do your Activity Based Cost analysis. We are fearing up to help clients through the round 2 process. We learned a lot from round 1. Look at your competition...not just knowing who they are, but finding out where in the "buckets" they will fall. From the looks of your posting, you are pretty new. There is a special concession for start-ups. Don't fall into the trap of just submitting what was accepted in round 1!

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on October 3, 2011

    @Shawn, If you will email me...I will send you my start-up checklist. It is a step by step document. Deanna

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on October 3, 2011

    @Ron, I hope that it is not too late to offer you a little advice. As far as affordable accreditation...well you have make sure that your insurance carriers recognize any of the accrediting bodies you choose. There are some cases that private and medicaids do not recognize all of the accrediting bodies (even though they are recognized by Medicare). You really need to fit the accrediting body to what your do. I have worked with each one and would love to give you any guidance you may need in determining who to use.

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on October 3, 2011

    @Sandy, I, too, am located in Georgia. Are you still looking to start a DME company? If you want to email me, I can see my start-up checklist!

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on October 3, 2011

    @Victoria, Hospice contract are an awesome business model...and if you can get the right fee schedule...this is definitely a good place to start! The problem is...most hospice carriers are going to require you to be a registered DME company with Medicare. So, why don't you send me a quick email and I will help you determine that!

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on October 3, 2011

    @Norman, There are a couple of places I would like to send you...first, check out Pinnacle MedSource. They are a distributor and I love dealing with guys! Also, look at Homecare Magazines website and at the bottom of the home page is a buyers guide that list a HUGE list of suppliers and what they carry. Good luck. Let me know how it goes.

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Monique said on October 10, 2011
    Hi Deanna, I have recently decided to open a medical supply company and I need guidance through the process. I am debating if I will start out in rural West Monroe, La or metropolitan Houston, Tx. I would love to have a copy of ur start up guide and to work with u if possible. My email is: monique.banks@yahoo.com. Thanks alot.
  • Vijee said on October 15, 2011
    I am based in Dallas, TX. Would like to know if I can Import Medical Equipments from India and supply it here. If so, please let me know where I can gather more information about the process involved. Any help would be greatly appreciated. Thanks!
  • prajakta said on October 17, 2011
    my name is prajakta. i'm a registered pharmacist i want to start my own medical store please let me know about the government tenders for medicals and how to do the medical store business
  • Lee said on October 23, 2011
    Houston, tx... what is needed to start a home health medical supply company? I am currently a CNA. I have a business degree. How do I get accredited? Do I need administrator to be licensed to start a medical supply company? What is needed to get approved with medicare & medicaid? What is the estimated cost to start this type of business? Can someone plz help?
  • Himmat said on October 27, 2011
    i'm from india, maharashtra, want to start M.E.supplier & dealership. please guide me step by step...
  • Katrice Price said on November 2, 2011
    I am in the process of starting a start-up home based medical equipment company in Maryland. I am in the early business planning stages and I am looking for information about the industry (i.e. industry sales, # of businesses in the industry, etc.). I am having a hard time putting together my projected revenues. Any help would be appreciated.
  • Anthony Garcia said on November 2, 2011
    Former Paramedic and Now Pharmacy tech would like info on starting a Home Dme or Pharmacy supply business.Any help woul be appreciated.
  • dharam said on November 7, 2011
    caring pharmacy, california. i want to start dme supply business. do i have to have any contract with hospital or any medical services in order to survive or do i do after open the business? any help where to start will be greatly appreciated. i have very little knowledge but not about contract.
  • Deanna Myers beginner adviser said on November 12, 2011

    @Anthony, A home-based DME supply business is limited in the products you can offer. The competition in this industry is tough and reimbursement from insurance companies is almost a requirement. Many state licenses prevent a home based business option and many of your insurance companies will not offer in-network status to home based dme suppliers. If you wish to contact me regarding supplies that you could build from as a home based business I would be more that happy to respond.

    @Katrice Price, If you email me directly, I can send you my start-up check list that has links to the information you are needing/wanting! Deanna

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • NF said on November 14, 2011
    Atlanta, Ga. How do you all recommend any really good honest DME companies that people can work...one that target Seniors mainly...
  • Eric said on November 18, 2011
    I'm located just outside NYC and want to buy or start a DME rental business. I have some doctors in the pipeline that will send me prescriptions I need to learn the backend of the biz. I have a location and suppliers. Please give me a hand.
  • Chad said on November 27, 2011
    I have a product. It is a nasal cannula stabilizer to help deliver more O2 to patient while eliminating sores behind ears and under nose. One user then discard. Own patent and it has been approved by the FDA. Got turned down first time by Medicare. They said it was a luxury item not a necessity. Getting clinical trials to prove necessity. How do I get it into hospitals. Do I go directly to hospital buyer or do I go through a med supply company that bundles many items to sell to hospitals? Do not know how to proceed.
  • shivakant said on December 11, 2011
    right now i am working in medical device co. from last 7 yrs. i just want to start medical device supply please advice how to start with investment detail.. shivakant, from fatehpur u.p. 40 km from kanpur
  • isaac said on December 13, 2011
    i need help starting up in selling supplies to hospitals and homecare where do i start buying from to get good pricing in quantity?
  • aaron said on December 26, 2011
    Hi, I am looking forward to opening my DME business in Texas. I have several connections with home health care agencies and doctors and was seeking to open a DME to provide medical supplies to them and we already have location but i need some more information regarding the start up for a DME business .
  • Robert Wentworth said on December 27, 2011
    Hello, I am looking at starting a medical equipment REPAIR company in the Kansas area. I have been a biomed in the military and civilian sectors for over 7 years now, working field service and in house. Does anyone have any experience and advice on this? Thank you!
  • Daniel R said on January 7, 2012
    Chicago, IL, USA. I am looking to purchase an orthotics/dme/hme company in Chicagoland. Does anyone have any leads?
  • Tina Ortiz said on January 11, 2012
    Hi, I am interested in starting a DME business in Houston. I am currently a foster parent for HCS clients and will have an established customer base starting out through my agency. I understand that due to Medicaid regulations it cannot be a home based business. What are the start up cost for licensing and do you have to have a certain amount in reserve to receive the licensing?
  • Sadia Pacasi said on January 18, 2012
    Hi,I am very interested in starting a medical supply company. I want to start in a small space and good location. I would like to know what I'm able to sell /not. If you can please give me advice. THANK YOU Sadi
  • joseph said on February 5, 2012
    I am experienced nearly 25 years in medical business and twenty years in saudi alone with high ability of outsourcing medical products also. i would like to see if anyone could join me up as a real investor for starting up a business in saudi. I also accept to directly work for good medical product manufacturers as a salaried or commission agent to promote their indigenous competitive products. Appreciate and welcome honest / trustworthy partners only. please provide your mail address etc.
  • Blanca said on February 5, 2012
    I want to start a DME in South Texas. I have some experience in marketing for home health agency and want to specialize in Diabetic supplies. I'm in the process of selling my small business (other industry) that started in 1999. I have good(medical) contacts and have business experience.How do I get accredited? What is needed to get approved with medicare & medicaid? What is the estimated cost to start this type of business? With all these changes in the health care industry, does it make any sense to start a DME ? Please Advise. THANK YOU Deanna.
  • Letitia Clark said on February 8, 2012
    Hi Deanna I am very interested in your help..i will like to purchase your step by step guidance program and all help your consulting business may offer. I have been in the medical field for 24yrs and I several medical startup business ideas and selling medical equipment is one of them please help me!!! Thank You
  • Nonso Nosike said on February 10, 2012
    I am interested in starting durable medical equipment business in Lawrenceville, Georgia. I have a large office space already. I am an RN with 8 years of experience. Could you please provide me with an advice of the requirements to get the license? Thanks.
  • Mian Naeem said on February 12, 2012
    i am interesting in starting a medical equipment business. i am from pakisan. the market for this business is very huge because pakistan have very large population. is there any body who guide me in this regard.
  • Bill Chaudhry said on February 16, 2012
    I have been in the DME business for 18 years. So if you want to know how to do it e-mail me. medimart@hotmail.com
  • T. Sai Prashanth said on February 18, 2012
    I have 15 years + exp in pharma and health care industry and working in a company as a middle level manager. I work in chennai (India). I am looking to start for a small scale medical devices and equipments in Cardiac care and Dental Care for which I am taking survey currently. Getting a distribution from any leading company is ruled out as 100% of the those companies have regular distributors. Secondly, investment is a problem and the credit limit given to the clients roughly works between 45 to 60 days. My simple question is how start and how to rotate money to maintain both demand and uninterrupted supply.
  • cherry said on February 24, 2012
    1400 Millgate Dr. Suite A, Winston Salem, NC 27103. I have run a Podiatry lab before but someone else did the billing. I have gotten my new lab ready for accreditation and preparing for ABC to come out. There are so many questions that I need answered like after you get accredited with medicare do you then make application to medicaid and then all the other insurance carriers? I am a small custom orthotic lab with custom shoes and Diabetic shoes.
  • real choice said on March 6, 2012
    hi how are u. i have plan to start a DME business. can u help how i get product whole rate. where i get? how i get address and phone number.
  • Emmanuel said on March 25, 2012
    Hi, I'm in Camarillo, California and need some info in starting a DME business. Any suggestions. I have no experience..
  • Zwai said on March 31, 2012
    Eastern Cape Province, South Africa. I am a Paramedic with a number of years experience and wish to start an Ambulance service and a Healthcare centre(hospice). I have registered a company , I have a business plan but I need financing. I can accept partnership.
  • Hari Shankar Qian beginner adviser said on April 19, 2012

    Hello, I am Hari shankar from india, now settled in suzhou city of china and involving into import and export business, we also provide sourcing, auditing, inspection, distribution and third party legal contract services to the Indian traders who deal with Chinese traders, we are expertise in this business. Kindly contact me at haribasky@gmail.com or hari@shenyco.com, PH: +86 15962188015, MSN: haribasky@gmail.com

    hari@shenyco.com | India China Import Export Business Consultant

  • kamran said on April 28, 2012
    hi, i'm from india kolkata, looking forward to do business from china in medical equipment, do advice me regarding this business asap, regards kamran.
  • Tawil said on April 29, 2012
    How to start a medical equipment sales & service business in Dubai or Egypt
  • Rebecca said on May 15, 2012
    I will have my NC State DME License in a few weeks. Is it possible to bill commercial insurances with only a State DME License or do I have to wait until I get my Medicare number to bill ANY commercial insurances? Is an NPI ABSOLUTELY NECESSARY in order to bill commercial insurance? If there are commercial insurances I can bill having a DME license and no Medicare number, do you know any of them off hand? Do you know of a website or forum I can reference?
  • Deanna Myers beginner adviser said on May 17, 2012
    @Rebecca, Yes, you can bill Private/Third Party Insurance Companies before you have your Medicare number. Start by looking at the requirements for the company you are wanting to be enrolled in. Some of the insurance companies will want you to be accredited before recognizing you as in-network. You may contact me directly at deanna.myers@att.net if you need more help.

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Lisa B said on May 21, 2012
    Jackson, MS. I own a family practice clinic and would like to offer DME to my patients-mainly orthotics. Can I use my own NPI/Tax ID number or do I need a different one to complete the Medicare paperwork? Which Medicare Papers should be filled out, Thanks
  • Elke said on June 19, 2012
    Hi Deanna, RE: DME in Georgia, I have emailed you several times, in hopes of getting your step by step guide. We may be interested in your consulting services also. Please contact me at eematthews2@yahoo.com . We need your help. Thanks.
  • Elke said on July 1, 2012
    I have received no response from Deanna. Can anyone in Georgia who has begun the process (DME) please contact me at eematthews2@yahoo.com. Thank you.
  • Patrice newton said on July 9, 2012
    Am a consultant in the medical equipment industry I offers start-up assistance step by step guidance for opening a medical supply company or help with your medical billing. You are welcome to contact me directly at patricenewton30@yahoo.com
  • Steve said on July 12, 2012
    I am a Respiratory Therapist and I would like to know how to start up and home Capp/bipap company. What are the steps?
  • Steve said on July 12, 2012
    I am a Respiatory Therapy in NJ and I would like to know how to start up a home Cpap/Bipap company in NJ?
  • Samuel said on July 21, 2012
    I would like to know if i need any approval to sell Diapers, Gloves and wipes to the people who are not covered by medicare/medicaid? Is there any chance of making good money from this?
  • Pamishiya said on August 28, 2012
    Hi my name is pamishiya i want to start a small medical equipment supply industry tell me how to start and how much capital it may require
  • DR MAHMOOD said on August 28, 2012
    I AM PLANNING TO START EXPORTING SURGICAL INSTRUMENTS MADE IN SIALKOT PAKISTAN. SIALKOT IS HUB OF SURGICAL INSTRUMENTS IN PAKISTAN. I WANT TO TAKE ORDERS AND EXPORT THE INSTRUMENT ON DEMAND. NEED ADVICE AND HELP IN THIS REGARD AND HOW TO GO ABOUT IT. THANKS. MY EMAIL smartradiologist@hotmail.com
  • shaikh said on September 12, 2012
    Me looking for sole agent in saudi for medical devices if any company interested contact me soon. Shaikh@fajergroup.com
  • R said on September 17, 2012
    I am seeking a business partner to start up a med. supply company in Colorado. I am an entrepreneur and have successfully owned 4 different types of sales businesses. I am highly successful! contact me for anyone wanting to get moving In Colorado. Extremely good potential! I will travel. I am dedicated and focused. I am looking for a Doctor, or anyone that can partner up with me and show me the ropes. Invest with me in Colorado. email me. rllockard@gmail.com
  • Gwendolyn C.H said on October 19, 2012
    Smyrna, Ga. 30080 Info on starting a medical supply business. The product costs and administrative costs. Leasing costs. Thank-you.
  • florence fatungase said on October 26, 2012
    am in maryland, need help to start a business.
  • J. Baul said on October 26, 2012
    Rex, GA. I am interested in selling or leasing gently used medical equipment like crutches, wheelchairs, canes, etc. What information can you give me regarding this?
  • Jason said on October 29, 2012
    I am starting a home based medical supply business in CA. Looking to sell overseas and in the US. Any advice would be greatly appreciated. Thank you.
  • Wayne said on November 14, 2012
    I'm looking to relocate to the Dallas/Fort Worth area. I would like the opportunity to share my 17 years of operational experience and ideas of running a virtual DME company to be more profitable in an environment of shrinking reimbursements.
  • b.k said on December 11, 2012
    hello i need advice on starting home base medical equipment business please if you could help me i would grateful to you. thank you for your help and advice.
  • Omar said on December 12, 2012
    Orlando, FL. Looking to start an online medical supply business and seeking out suppliers that can offer competitive pricing. Thanks
  • l&r said on December 13, 2012
    Location Camden Nj i needed to know what would be the start up cost for inventory would be for a dme supply store carrying mainly high turnover products
  • Omar said on January 10, 2013
    Hello, I want to start an incontinence supply company in Texas and my question is if I have to be Medicare certified and what kind of accreditation I would need? We would only be billing Medicaid and only be dealing with Medicaid patients and supplies. Can anyone give me some advise. Thank you!!!!
  • Deanna Myers beginner adviser said on January 14, 2013

    @Omar, If you are billing for insurance reimbursement of any kind for any product. you will have to be accredited (there are some very rare exceptions, I know, but more that require it than don't). If you are billing Texas Medicaid for incontinence products for adults, YES, you will need to Medicare certified. Deanna

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on January 14, 2013

    @l&r, L&R: the start up cost for inventory for a dme supply store is really dependent on what your product mix is. I have seen companies spend as little a $4,000.00 on inventory and as much a 100,000.00+. You, also, have to know your market to really know that your high turnover products would be. I think the most frustrating question companies ask that I cannot answer off the cuff is this one. There are hundreds of categories and thousands of products to choose from. Deanna

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on January 14, 2013

    @Wayne, I actually know a company that is looking for a management. Will you contact me with your resume? deanna.myers@att.net

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on January 14, 2013

    @Omar, One of the best places to find suppliers for Durable Medical Equipment is at the Medtrade website. It lists the vendors for the most recent convention and the next convention. You, also, can find vendors at hmenews and homecare magazine. These are both online magazines...but excellent resources. Deanna

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on January 14, 2013

    @b.k, If you are looking to be a Durable/Home Medical Supplier that provides equipment directly to the patient. It is difficult to get the licensing and certifications you need. If you want to be a home based business, i suggest you find items that are considered cash items and fall outside the DME benefit. You will need to pay special attention here to your state licensing requirements.

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • Deanna Myers beginner adviser said on January 20, 2013
    What would be a general start-up cost for nursing uniforms to be sold online,and do you think this would be a profitable business.

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • kpelih said on January 23, 2013
    ANGEL MEDICAL GROUP.I have been a hospital administrator for the past 10 years and want to venture into hospital equipment supplies need contacts for partnership i am in Ghana and my company is registered in Ghana
  • shazad said on January 28, 2013
    Hi, Uk based organisation looking to export Medical goods and pharmaceutical drugs to expanding markets across, Europe, Asia Middle East & Africa. shazadz@hotmail.com. Please email if you feel there is a opportunity within your country, hopefully build good partnership
  • Noor Muhammad said on February 8, 2013
    Hi, i live in Canada (Mississauga). I am Professionally Analytical Chemist. I want to use my 8 years Pharmaceutical and Contract Laboratory experience in Business.I want to start my Medical Equipment and Pharma Consultancy Business in Canada and Pakistan.
    (1) what kind of accreditation I would need?
    (2) What is needed to get approved with medicare & medicaid?
    (3) What is the estimated cost to start this type of business? Can someone plz help?
  • lucky said on February 13, 2013
    Hi I'm lucky from south africa I have been a male nurse years me and my business partner we want to open a medical equipment business we have the. Capital and a building for a store plus the business is registered now we don't know where to start plz tell us
  • joseph manuel said on February 18, 2013
    Hi, I am thinking to start a medical equipment business in toronto, Canada. I need your guidance from scratch to finish, I don't have any back ground on medical or business line. Please help me to start by small type.
  • roxxi said on February 21, 2013
    Hi, I'm looking for a low cost user friendly software for a DME business that has just started up. Something I can access readily on my laptop and in the office. Please help
  • Cynthia Akoma said on February 23, 2013
    297 Dogwood Street,Bolingbrook, Il. I would like information on starting a DME home based company. Thanks
  • Annette Sandoval said on March 7, 2013
    I am a REGISTERED nurse with over 15 years experience and my daughter is finishing her degree in Respiratory therapy I am starting a DME and want to offer oxygen supplies and incontinence supplies as well as cathaters teaching self catch etc.. please send info I am located in DFW,TX area.
  • vinay said on March 13, 2013
    Location: San Fernando Valley, CA. Hello Deena, I am interested in starting some kind of medical sales business. I do not have a killer mindset, more one of making and maintaining relations. I have recently started google-ing info. What to start? Couple of things that came up is an imaging business, or medical supply business or even not too sophisticated medical device sales. Where to start? Should I start attending trade shows? Which ones? Any advise? Best Regards.
  • Henry said on April 2, 2013
    I am Henry U orji Charmian global needs serv ltd based in Nigeria and the intend publisher of Media talk Africa, A new magazine that will disseminate news/information. there is a whole lot of ideas on health development in Africa and needed partnership. please contact me on with this email for more chat. globalneeds@yahoo.com or 8033797647
  • tinei said on April 7, 2013
    I work for a healtcare company and want to venture into supply of medical equipment in SA, Zim and Mozambique
  • siddiqui said on April 11, 2013
    hello, we want to start medical disposables non woven supply business in Dubai, can u tell me the procedure to start it. And the market conditions. THANKS & REGARDS, SIDDIQUI
  • sedireng TIBE said on April 24, 2013
    hi, i am in Botswana .i have recently decided to open a medical supply company and i need guidance through the process.
  • Steve said on April 26, 2013
    I am amazed that people would even consider getting into this industry. Please before you even consider investing in the home medical equipment area, talk to an current owner. The industry is in complete melt down mode because of the implementation of competitive bidding by Medicare. Thousand of companies are going out of business nationwide. Insurers are constantly reducing reimbursement. I have co owned a dme company since 1986 and ave never been more frightened and discouraged by the changes. I pray I can survive!
  • Julie said on April 26, 2013
    Steve, thank you for this insight. Yes, am in a dilemma to put up this type of business because of the recent health care law. I am living in Houston, Tx and ' just want to know how much would be the necessary capital and average income. If you can still reply I will highly appreciate it.
  • Ajay said on May 4, 2013
    can any one help , how do i start exporting my pharma and medical goods in middle ease ajay_71088@yahoo.co.in. any agent can also contact me and guide me on commission basis.
  • Dave said on May 7, 2013
    I am planning to open my own medical Device and surgical Device business. Can any body help me or guide me. please contact me. Thank you In advance.
  • beth said on May 23, 2013
    I am planning to open a dme business and I live in guam. I would like to know step by step and what to do. how much capital and what equipment I need in order for me to pass medicare and jc accreditation. thank you
  • ERIC ROBERTSON said on June 8, 2013
    i am located in dallas texas and i need help i have already started setting up my company can you help me in getting set up
  • Q said on June 26, 2013
    Hello @Deanna Myers, I'm located in Georgia and need help starting a medical supply business. What Items can I sell that do not require a medicare license. How I find out what products are needed the most? Help!
  • Renee F said on July 3, 2013
    Stockton,CA-Online Medical Supply Business- I am trying to start a medical supply business providing testing strips for hypertension patients that are issued by prescription from the doctor. Where do I start?
  • Deanna Myers beginner adviser said on July 8, 2013
    @Renee F, if you are referring to diabetic testing strips and your target customers are Medicare Recipients...you will have to rethink your business model. Competitive Bid that took effect July 1st included mail order diabetic supplies. To add to that, the reimbursement for these items has been lowered and profit margins are very slim. Many commercial insurance policies do not cover these items and though you can build business from selling these items cash, it is a difficult sell. Consideration of this business model in my opinion would be dependent on the licensing requirements for your state. California's licensing process is long and difficult. It is, also, important to know that you need to research each state you wish to mail to, many states have licensing requirements regarding this type of medical supply. You will need to be licensed in those states as well. I wish I could give you more encouraging information!

    Deanna Myers
    Medical Equipment Consultant
    deanna.myers@att.net

  • elfas said on July 17, 2013
    i am in zimbabwe and have registered a surgical and medical sundries supply business. i would like to get in touch with overseas manufacturers and distributors of the above so that we can do business together. i am on elfas.tavagadza@yahoo.com

Your Comment

(All the above fields are required.)