DeRoyal Industries, Inc. announced today their latest patent on a
novel solution to increase business efficiency for Durable Medical
Equipment firms.
According to company President & COO Bill Pittman: “Our Continuum®
system automatically reorders durable medical equipment when the
product is removed from its storage bin and correctly associates the
product with the fitter, the patient and the billing codes while
automatically replenishing inventory.”
Today, inventory
management, billing for services rendered and the medical items
dispensed to patients can present challenges for Durable Medical
Equipment firms. According to Pittman: “Our system is extraordinarily
passive and easy to use for clinicians which is crucial as hospitals
continue to outsource their durable medical equipment needs to 3rd
parties.”
Durable Medical Equipment firms dispense prosthetics,
orthotics and supplies as defined by the Department of Health and Human
Services and its Center for Medicare Services (CMS) as medical devices
and are typically reimbursable under Part B of the U.S. Medicare health
care program. These products are provided to patients who receive
outpatient treatment for certain health problems that do not require
inpatient admission to a hospital or other healthcare institution.
The
Patent is U.S. Patent Number 8,818,824, which issued on August 26th,
2014, is entitled “Automated System for Medical Item Dispensing,
Billing, and Inventory Management.” Other patent applications are
pending. The inventors named in the recent DeRoyal patent include CEO
Brian DeBusk, President & C.O.O. Bill Pittman, Vice-President of
Information Technology Angie Sewell, Vice-President of Marketing Greg
Hodge as well as Manager of Advanced Technologies Kevin Lynch and
Director of Technical Services John Jacobs.