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DMEPOS Competitive Bid Bonds

APPLY FOR YOUR BID BOND TODAY

DMEPOS Competitive Bid Bond Product Available Now!

VGM Insurance Services, in exclusive partnership with Lexon Insurance Company, can provide you with the Competitive Bid Bond you need to meet the new CMS requirements to bid in Round 2021. 
 

Apply online for your Bid Bond today! Click the button below and log in or create a new account. 

 

If you have any questions about your application, please email bondinfo@vgm.com or call our Bonds Hotline at 866-497-0472.

 

BID BONDS UPDATE:

CMS has now released the full timeline for the Round 2021 DMEPOS Competitive Bidding Program, including the Bid Window, which will open on July 16, 2019, and will remain open for 60 days, closing on September 18, 2019

CMS requires that all bidders in Round 2021 obtain a bid surety bond in the amount of $50,000 for each CBA in which they submit a bid. DMEPOS suppliers should begin their preparations now and secure their bond if they intend to place a bid in one or more of the 130 competitive bid areas (CBAs). 

It is important to note that the bid surety bonds required for the DMEPOS Competitive Bidding Program are NOT the same as the surety bonds required for DMEPOS supplier enrollment purposes.

As in all previous rounds, VGM stands ready to assist you in all facets of the program, including a Bid Bond product available now from VGM Insurance Services, in affiliation with our treasury-listed companies Lexon Insurance Company & Bond Safeguard Insurance Company. These companies have been VGM Insurance's trusted surety partners since 2009.

 

Apply online for your Bid Bond today! Click the button below and log in or create a new account. 

 


 

ADDITIONAL RESOURCES:

  • For more information about Round 2021, including a bid calculator, competitive bidding terminology, pricing methodology, and information on upcoming webinars and events, visit www.dmecbpeducation.com. This website has been developed in collaboration among leading industry trade organizations to help prepare providers for the next round of the Competitive Bidding Program by compiling publicly available information in one place.

DBidS and Connexion Resources: 

Webcast Series - Available on Demand:

 

Round 2021 Timeline

The Round 2021 DMEPOS Competitive Bidding Program timeline, as provided by CMS, is as follows. To access the timeline on the CMS website, click here.


3/7/2019
The Centers for Medicare & Medicaid Services (CMS) announces the pre-bidding supplier awareness program

5/7/2019
CMS announces bidding timeline and begins bidder education program

6/10/2019*
Registration window opens for the DMEPOS Bidding System, DBidS, and Connexion, the program’s secure portal

7/16/2019*
Bid window opens

8/16/2019*
DBidS registration closes (Connexion registration always remains open)

8/19/2019*
Covered document review date for bidders to upload financial documents in Connexion

9/18/2019*
Bid window closes

Fall 2019*
Preliminary bid evaluation notification

Summer 2020*
CMS announces single payment amounts and begins contracting process

Fall 2020*
CMS announces contract suppliers

1/1/2021
Implementation of Round 2021 contracts and prices


Product Categories

  • CMS is adding three product categories in Round 2021 that have never been subject to competitive bidding: off-the-shelf (OTS) back braces, OTS knee braces, and non-invasive ventilators. The full list of the 16 product categories included in Round 2021 is as follows:
    To access the list of product categories on the CMS website, click here.
  1. Commode Chairs
  2. Continuous Positive Airway Pressure (CPAP) Devices and Respiratory Assist Devices (RADs)
  3. Enteral Nutrition
  4. Hospital Beds
  5. Nebulizers
  6. Negative Pressure Wound Therapy (NPWT) Pumps
  7. Non-Invasive Ventilators
  8. OTS Back Braces
  9. OTS Knee Braces
  10. Oxygen and Oxygen Equipment
  11. Patient Lifts and Seat Lifts
  12. Standard Manual Wheelchairs
  13. Standard Power Mobility Devices
  14. Support Surfaces (Groups 1 and 2)
  15. Transcutaneous Electrical Nerve Stimulation (TENS) Devices and Supplies
  16. Walkers
  • To access an interactive map indicating DMEPOS geographic classifications, including Competitive Bidding Areas, Non-Rural, Rural and Non-contiguous, click here.
     
  • To submit a bid for Round 2021 of the DMEPOS Competitive Bidding Program, you must first go to the CMS Enterprise Portal and create a user ID and password. For instructions on how to do this, click here. 
     

If you have any questions about Bid Bonds or the application process, please contact the VGM Insurance Bond Department immediately at bondinfo@vgm.com or 866-497-0472.

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