Importance of Having concrete DME Billing approach?

Administrative costs account for over a quarter of all hospital spending in the United States. The broader a medical network is more likely to suffer losses as a result of administrative processes. 65% of patients who have had a bad encounter with their current provider are more likely to shift away from the particular doctor.

In today's world of consumer-driven, value-based care, it's critical for healthcare providers to plan ahead of time and strike a balance between patient management and DME billing through successful front/back end RCM activities.

Transformation of DME Billing during this Global Pandemic

The vast amount of data collected by CPAP tracking devices can be used for purposes other than medical management. Including monitoring the impact of disorders especially during these troubled times. It can be a significant help in detecting new outbreaks and allowing for quick treatments to prevent additional illness problems and spread.

Staying at home, with less pollution in the air and less stress in the workplace, may have increased the usage of CPAP and improved sleep length, as well as favoring naps. Furthermore, the rising number of cases of sleep apnea and respiratory sickness across the country is pushing the CPAP industry.

Streamlining DME billing is a necessity

DME billing practices differ significantly from other billing and coding procedures in use. It necessitates a thorough comprehension of HCPCS level 2 codes. The HCPCS level 2 classifications apply to all DME equipment and services.

Because most equipment is rented rather than purchased, reimbursement in DME billing is likewise a very complicated process. With the CMS's latest revisions in regulations, the criteria for purchase and rental are fundamentally different. DME billers and coders must be well-versed in how to code correct claims in order to receive payments on time. It basically means that the codes should be able to tell if the equipment was used.

Opting For A DME Billing Extension Can Be a Good Idea

With the CMS incorporating a number of reforms, you must look for attempts to enhance your process of getting paid more, such as investing in a DME billing team that provides you with the right foundation. It needs to perform all important front desk tasks such as

• Eligibility checks

• Timely PAs

• Patient demographics creation

• Doctor’s office follow-up

• Scheduling the delivery of the DME

If you want to gain an advantage in a competitive situation in DME billing, this is a tactic to consider.

Sunknowledge: The key Player in DME Billing

A good DME billing firm like Sunknowledge will always be proud of the way it handles both your front and backend revenue cycle management demands. The one major benefit it provides right away is access to a pool of DME billing professionals. Our services are readily available at next-door rates and we operate as your operational extension.

The federal government is currently aiming to create incentives to encourage people to return to work. Finding a team like Sunknowledge can uplift your DME billing operations in the best possible way can be a major benefit.

We assist you in:

• Lowering the Billing costs

• Taking care of your front and back end RCM needs

• Eliminating persistent DME billing difficulties

• Boosting cash flow

• Assisting you in providing value-based care

• A hassle-free RCM experience

Sunknowledge is a 360 degree DME Billing Company that serves as an operational extension for some of the greatest DME providers across the industry. Our staff provides exceptional customer service, unrivaled help, and a results-oriented approach with high productivity metrics.

Perks of being with Sunknowledge:

• Productivity Standards That Are Unparalleled

• Our hourly rate is as low as $7

• Operational Costs are cut by 70% right away

• HIPAA compliance is 100%

Put your money on us since our task-specific pre/post RCM activities provide unrivaled consistency in DME billing. We assist you in improving your cash flow and eliminating process flaws that cause you to lose money. Learn more about what we do to make a difference. Schedule a no-obligation call with one of the specialists at Sunknowledge right now.