Fix all Your Hospital Accounts Receivable Problems with Sunknowledge Services Inc

According to the study done by Mr. Giuliani, the vice president of operations at Healthcare Financial Resources around 270 billion U.S hospital claims were initially denial in the year 2016. Furthermore, the number of denial write-offs is also seen increasing, consequently leading to an increase in the administrative costs of working these claims up to almost $9 billion. In fact, an average of 65 % of denials is never even been corrected or resubmitted in the first place, despite the abundance of administrative work.

Today the topmost priorities of healthcare providers are overall cost reduction and efficiency for which outsourcing is been today’s one of the best solutions. Last year itself front-end services dominated the global medical billing outsourcing market while from this year to 2026 the middle-end services segment is expected to see the highest compound the annual growth rate of 12.4 %.

However resolving problems like shrinking revenue and increasing expenses, Sunknowledge is one such RCM organization that not only ensures 80% operational cost reduction but also reduction in your hospital Accounts Receivable bucket by 30% within the first month itself.

In fact, being proficient in different billing software like Brightree, Kareo, DME works etc we further help our clients with reduced rate of denial along with faster reimbursement rate.

With a team of experienced billers and certified coders maintaining 99.9% accuracy rate, our experts further excel in handling aging buckets and the accounts in 45/60 and 90 days with better billing management than the in-house billing option.

With complete hospital accounts management, our experts further take complete responsibility starting from starting from

• data entry which is entering all the information of the required patients, providers, insurance, items, etc correctly

• Eligibility verification for the orthotics billing process which is assisted by expert billers through online as well as calling

• Faster Prior authorization with patients calling and doctor’s office follow up for relevant documentation that needed for the process

• Re authorization when necessary

• Confirmation of all the order

• Scheduling of the delivery

• Claims management starting from timely claims submission, continuous follow-up, etc

• Rejection management

• Payment posting auto with and without audit as well as manual

• Accounts receivable follow-up as well as management

• Denial and rejection management

So, if you are looking for a seamless hospital accounts receivable, we are the perfect one stop destination with excellent industry references.