How to Become a Licensed Medical Supply Company?
What is a Medical Supply Company?
There are two types of Medical Supply Providers: Retail Providers and Durable medical equipment (DME) Providers. Both type are covered under the State License
Retail Providers
All types of medical professionals, from veterinarians to midwives and eye doctors, need specific supplies to do their jobs. Most medical supplies are bought from niche companies that specialize in a certain type of equipment. Though there are many large medical supply companies, it is quite possible for a small independent medical supply business to find success in this industry. If you're looking to start a retail business and would like to work in the health care industry, consider starting a medical supply company.
Durable Medical Equipment (DME) Providers
Durable medical equipment (DME) describes medical equipment and supplies ordered by a healthcare provider for a patient's routine, long-term use. DME refers to a wide variety of devices to meet all manner of medical needs, including:
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Nebulizers
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CPAP/BiPAP machines
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Catheters
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Hospital beds
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Wheelchairs
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Blood glucose monitors
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Many insurance plans provide coverage for DME, including Medicare Part B. To qualify as DME under Medicare, a piece of equipment or device must have an expected lifespan of about 3 years with repeated home use and serve a strictly medical purpose.
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Expendable medical supplies such as bandages, masks, and rubber gloves are not considered DME under Medicare.
DOH Can Help You Get Your Facility Get Fully License & Operation On An Average 6 Months.
Core Startups Services
SECOND PHASE
(90-120) DAYS
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Process Incorporation /LLC and EIN Number
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Process NPI Number for your Medical Supply Providers
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Develop the Initial Policies and Procedures for Medical Supply Providers
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Develop the Initial Forms & Document or Medical Supply Providers
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Process the State Application for Medical Supply Providers
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Acquire State License for Medical Supply Providers
REQUIRED START UP FEES
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LLC/INC Filing Fees $325
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State Application Fee 2-Year License: $520
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DOH Fee: $2,500
TOTAL FEES:$3,345(on avg.)
SECOND PHASE (120-180) DAYS
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Process Medicare Provider Application with CMS
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Process Accreditation Application
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Process Medicaid Provider Application with Texas Medicaid
REQUIRED START UP FEES
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Medicaid/Medicare Application Fee: $688
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Accreditation Application: $5,000
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Surety Bond (Cost Varies)
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DOH Fee: $2,500
SECOND PHASE TOTAL FEES:$8,500 (on avg.)
RULES & STATUTES
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Texas Administrative Code, Title 26, Part 1, Chapter 559: Day Activity and Health Services Requirements
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Health and Safety Code: Chapter 250 Nurse Aide Registry and Criminal History Checks of Employees and Applicants for Employment in Certain Facilities Serving the Elderly or Persons with Disabilities
DOH Can Help You By Providing The Following Services To Assist You With This Process.
