The present pandemic crisis has not only left millions of Americans jobless but also continues to hit the U.S. economy.
In fact, changing the entire healthcare domain workflow, the present corona virus crisis today has lead to serious issues like difficulties in finding experienced billers and coder handling healthcare practice’s billing operations. Since today, most of the jobless billers and coders are seen ending up receiving a financial benefit from their layoffs due to the $2.2 trillion economic relief bill; which was enacted in March 2020.
According to an economist at Evercore ISI, Ernie Tedeschi analysis’s, the average worker is earning more from being unemployed than from their prior job. In fact, researches have also shown that around 40% of workers are theoretically earning more while being unemployed; resulting in a lack of initiatives for people to start working again.
With the more and more numbers of people collecting unemployment benefits, it's not only resulting a higher pressures for healthcare practices in managing their billing and collection operation, but also data overwhelmed causing more errors in the billing process and also delayed in reimbursements rate in all their medical billing specialties like DME, HME orthotics and prosthetics etc
With healthcare practices are seen struggling to clear out their old and new backlogged claims and AR , outsourcing RCM organization here comes as a relief.
Helping you with easing your complex DME, HME, CPAP, orthotics and prosthetics billing operation, outsourcing organization ensures complete front/back end billing activities ensuring seamless billing transactions. Taking care of your complete billing responsibility starting from data entry, eligibility verification, claims and denial management, AR management and all, outsourcing your orthotics and prosthetics billing in this crisis situation is not only the best cost-effective solution but also way to faster reimbursement and proper patient care management.
In fact today there is outsourcing organization that not only helps with the reduction in the operational cost by 75 % but delivering all the heavy lifting work ensuring cash flow in the long run. Providing a billing and coding accuracy rate of 99.9%, the RCM organization also assists in reducing your denial claims and AR bucket. Offering the first 30 days free transaction, and benefits like robust reporting, no cost dedicated account managers, excellent industry references and testimonials the RCM organization also has a track record of the highest productivity metrics in the market.