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Showing posts from November, 2021

4 Evidence-Based Benefits of CBD Oil for Physical and Mental Wellbeing

Here are 4 evidenced-based benefits for CBD Oil. 1.        Pain Relief For eons, marijuana has been used to manage pain. Scientists have also recently discovered that CBD contains components that help relieve pain. According to studies, CBD can help minimize pain and reduce inflammation by impacting receptor activity. One study done in rats has shown that CBD injection reduces pain while another study showed that it reduces inflammation and sciatic nerve pain. 2.        CBD Oil Can Alleviate Cancer and Its Symptoms According to a 2012 review, scientists found evidence that significantly prevents the spread of some cancers. It not only promotes their destruction but also suppresses their growth. Since it has low levels of toxicity, it can support several cancer treatments. The study showed that those treated with CBD compounds experienced a reduction of pain compared to those who never received the treatment. Research ...

Tips to Help you Start a Profitable Business in the CBD Industry

So if you are looking for tips to run a profitable CBD business, you are in the right place. Here are four tips; 1.        Plan your business The first step to creating a profitable CBD business is to make a plan. Ensure that you map out everything from the business name to the legal technicalities and the type of CBD products you will be selling. Your business name should be simple and catchy, a name that will represent your brand, whether online or offline. After you have come up with a name, start by conducting business analysis and make your budget. 2.        Find your supplier If you are not planning to grow your hemp and create your CBD products, the next step is finding your supplier. You should look for a reputable producer of finished goods, raw materials or retailers depending on whether you will make your products or resell ready-made CBD products. 3.        Know your target ...

Keys to Maintaining Medicare Billing Compliance with Regard to Cardiovascular Stress Testing

Given the challenges and risks associated with billing Medicare for cardiovascular stress testing, providers that bill for these tests must take exhaustive measures to ensure compliance on an ongoing basis. This is particularly important with enforcement in this area being a top priority for CMS, the HHS OIG, and the DOJ. In order to avoid raising red flags and emerge from an audit or investigation unscathed, some of the key steps providers need to take include: 1. Identify and Apply All Relevant Medicare Billing Rules and Guidelines It is imperative for health care providers that perform cardiovascular stress testing to identify and apply all relevant Medicare billing rules and guidelines. The rules and guidelines from LCD L34324 and LCD L38396 summarized above provide just a small sampling of what providers need to know. However, these examples illustrate the complexity and particularity of the restrictions that are in place, and providers must devote the time and resources necessary...

CMS and DOJ are Scrutinizing Medicare Billings for Amniotic Injections

The Centers for Medicare and Medicaid Services (CMS) and U.S. Department of Justice (DOJ) are scrutinizing health care providers’ Medicare billings for amniotic injections. These injections are only eligible for Medicare reimbursement in limited circumstances, and providers that bill Medicare for non-reimbursable amniotic injections are at risk for facing allegations of Medicare fraud. Among other means of enforcement, the DOJ has begun sending civil investigative demands (CIDs) to health care providers suspected of improperly billing Medicare for amniotic injections. These are administrative subpoenas that do not require judicial approval, but are subject to judicial enforcement. CMS is also instructing its fee-for-service auditors to pay attention to providers’ amniotic injection billings; and, due to the limited purposes for which these injections are eligible for Medicare reimbursement, many providers that have high volumes of these billings are at risk for facing substantial rec...

Work with the FDA to Resolve Any Issues as Efficiently as Possible

This list of ‘Inspectional Observations,’ also called an FDA Form 483, can be used by your firm's management as a guide for corrective action, since the FDA representative will not usually recommend specific corrective measures. Your firm can and should respond to the FDA-483 during the discussion with the investigator. In fact, corrective actions or procedural changes that were accomplished immediately in the presence of the investigator are regarded as positive indications of your concern and desire to voluntarily correct discrepancies.” While companies should challenge any misguided allegations of noncompliance, they should also keep an open mind to remedying any valid issues the FDA’s agents identify. Doing so promptly—and in collaboration with the FDA when warranted—can prevent inspectional observations from going from bad to worse. It is imperative to work with the company’s FDA compliance counsel at this stage as well, as the FDA expects companies to develop their own co...