DME billing is the process whereby a patient takes treatment from a hospital, and the medical biller prepares the bill and delivers it to the insurance company to claim the patient’s expenditures.
Even though DME billing looks easy, it has its own set of challenges. HME/DME billing comprises several procedures.
- Data entry
Human mistake, among other things, is always a possibility. Setting the correct priorities and establishing a baseline for your practice management is the way to go. It will be critical for you to plan for your DME billing efforts right now in more ways than one.
- Oxygen and respiratory equipment
- Hospital beds and accessories
- Infusion equipment and supplies
are projected to remain in high demand for the next few decades. As expected, there is a risk of getting behind with your rising orders, monitoring and tracking them for reimbursements. It would be vital for you to maintain consistency in your front and back-office work so that you can earn more money by submitting clean work.
As a DME supplier, you must make the most of your existing resources and devise effective strategies for improving your revenue cycle in this uncertain market. The demand for respiratory devices will drive the DME billing industry forward. It will be critical for you to select a dependable partner who can provide you with actionable help for a better RCM experience.
Closing Process Gaps
Process gaps cost you a fortune and slow down your procedures, both of which cost you money. You may not have the time to diagnose issues at both the front and back ends of your DME/HME billing. It is also not sufficient to simply identify the same; the execution of the changes is crucial.
Outsourcing assists you in identifying problems associated with HME/DME billing requirements in recent times, and especially its ever-changing guidelines. It also assists you in closing practice management gaps by partnering with a knowledgeable vendor that knows it all.
What gives Sunknowledge the leverage in DME billing?
The unique presence and capabilities of Sunknowledge Services Inc across all practice management platforms make us an excellent RCM destination for the country’s premier names. Sunknowledge believes strongly in delivering cutting-edge services at next door costs.
Sunknowledge Services Inc is one such RCM outsourcing business that provides error-free HME/DME Medical billing transactions leading to streamlined cash flow. Our professionals not only help you achieve an 80% decrease in operational costs by continual follow-up and smooth communication, but they also maintain a 99.9% accuracy rate in billing and coding.
We enhance your DME medical billing collections by charging only 1.99% of collections or $7 per hour. We have a distinct presence and continue to operate at the finest production matrices even during testing times. Furthermore, we believe in functioning as a dependable operational extension for the industry’s most recognizable names.
To summarize, Sunknowledge Services Inc is a one-stop-shop for all DME billing solutions. We work with you to redesign your DME billing process for better medical billing administration, allowing you to focus on patient care.