The state of New York (NY) does not require a license for durable medical devices. Perform your due diligence and determine exactly which products you want to offer and what profit margins you have. Some products require more work and that’s something you need to keep in mind — it reduces your profit margins. For the purposes of this section, provider means a pharmacy, a certified home health authority, a medical equipment and supplies distributor, a hospital, a healthcare facility, or a clinic that has been included in the medical assistance program as a medical device distributor.
I) the purchase price plus thirty percent for generally equivalent products, as indicated in the fee schedule for medical devices, medical-surgical care, prosthetic and orthotic devices, and orthopedic shoes; or(ny).
reimbursement and subsequent distribution. They provide logistical support for the delivery of medicines, pharmacy services, animal health goods, and medical facilities.
That’s why it’s more important than ever to know the largest and most reliable medical distributors. AmeriSourceBergen Corporation (also known as ABC) offers a variety of solutions to support healthcare systems, medical practices, pharmacies, and medical manufacturers.
This blog does not provide medical advice. It is intended for informational purposes only. Do not use it as a
substitute for professional medical advice, diagnosis, treatment, or disease prevention. Always seek the
advice of your physician or qualified healthcare providers for any questions you have regarding a medical
The views and opinions expressed on this blog are solely those of the original authors and other
contributors. These views and opinions do not necessarily represent those of Gabriel Nieves, LAC
Healthcare Solutions, LAC.us Staff, and/or any/all contributors to this blog/site.
- Title: Section 505.5 – Durable medical equipment; medical/surgical supplies; orthotic and prosthetic appliances; orthopedic footwear | New York Codes, Rules and Regulations