Despite United Health Group’s announcements of restored service, 60% continue to face challenges with eligibility verification , 75% face problems with claims submissions, 79% still cannot receive electronic remittance advice while 85% continue to experience payment disruptions in claims.
Almost 80% have lost revenue from unpaid claims, 85% had to commit additional staff time to complete RCM tasks . Also, 78% lost revenue from claims that they have been unable to submit. Restricted functionality after the cyber attack has resulted in 32% not able to submit claims and 22% unable to verify eligibility for benefits.
Hence, as a DMEPOS supplier, you must make sure that all your measures are well approached to lay down effective checks and balance. A quality DME billing services company has the task of securing your financial stability from such crisis with clean front and back end tasks. Making sure that all your possibilities are well looked after so that you can focus better on your patients is going to be the order of the day.
Improving transparency with quality outsourcing
One of the major areas of concern will be to address RCM areas with a dynamic vendor. If you are looking for a competent vendor, partnering with someone experienced to manage CMS DME billing guidelines 2024 will be ideal.
Also, it gives a viable roadmap to lower down your operational expenses , implement quality process that mitigates the gaps between collections and submitting claims with timely verification of eligibility , DME prior authorization , order entry and confirmation that can deliver competent results by setting the ideal benchmark.
Checking the DME billing partner’s ability to manage everything from start to finish will make things work in the best possible manner. Finding the right tune to decipher proven gaps that leak you money will eventually harass your customer base. Hence, outsourcing of DME billing can do wonders and can actually help in effective transformation.
