Improve Your DME Billing Operation Through Outsourcing

The most challenging task for most DME healthcare provider, who are focused and wants to seamlessly run their business and provide patients with the care they need; is the decision to opt for in-house billing option or outsourcing. Especially today when a huge amount of time, energy and money that is invested into understanding, learning and communicating on how to run DME process spotlessly with new technology that will pay dividends for years to come.

However, as today all providers are more into cost control and patient outcome and want to avoid the complicated process of the changing billing regulation issues; providers are more into outsourcing their DME billing services.

In fact, the present situation of rising employment fee structure is also one of the reasons why most providers are outsourcing their DME billing services. As today the basic employment fee structure of a who handling the Durable medical equipment (DME) billing front end and back end billing management, a non -clinical staff get paid more than the federal minimum wage of $7.25 an hour. This wage range generally even starts from $11 -$15 an hour or even in-between $7.25-$10 excluding additional other training costs and other employee benefits; which is a very expensive operation for most of the healthcare providers.

Furthermore, today most of the leading software solution that is involved in the DME billing process comes with various types of functions that require documentation management, patient’s intake, physician notes etc; requiring a lot of time and understanding on the provider’s part. This is why rather than wasting time and money providers today opt for outsourcing their DME billing services.

Outsourcing here not only eliminates the time but also helps the providers in focusing more on patient care.

How outsourcing your DME billing service profitable for many providers?

Outsourcing your DME billing process plays an important role by helping with efficient revenue generation. Moreover, for long term success, finding the right operational extension that suits all your requirement and ensure professional service is the better solution for most of the providers.

Helping you with the present labor crisis situation and complex every changing billing rules and regulation, outsourcing helps with data entry, timely submission of claims ensuring that all claims are properly coded and also supported with proper documentation. Offering a stringent check in the coding process and eligibility, outsourcing your DME billing helps you with a faster reimbursement rate along with a seamless billing process. In fact, there are many RCM organizations that offer ala carte basis and even a full-fledged complete billing service opportunities including:

· New Patient Order Entry

· Eligibility verification

· Prior Authorization

· Doctors Office Follow-up

· Confirmation

· Submission of claims

· Rejection Management

· Payment Posting

· Denial Management

· Customer Service solution

Helping you with 70% operational cost reduction there are many outsourcing RCM organization that does not work on a percentage basis but on an hourly rate of $7 service charge, which is not even half of what healthcare providers have to spend while hiring an expert's billers. Ensuring a seamless billing process, and financial upliftment, outsourcing RCM organization also deliver all the heavy lifting work that involves your DME billing services.