Today the current situation has thrust upon a lot of burden on health care practices. And with the rising health care costs, increasing wages rates, and changing rules and regulations for the billing process, it further has increased problems for many healthcare practices.
Problems of DME billing services:
Inexperience billers and coders - with the increasing burden on both front-end and back-end activities health care practices, finding a team of experts and experienced billers and coders is very vital. As government and insurance companies on a daily basis are seen introducing many new policies, which requires consistently training and keeping the track of the latest billing mandates. This is why inexperience billers who are not aware of the billing process or about its rules and regulations can result in not only delayed reimbursement but a lot of denial claims.
Improper claims Management - it is often seen that many times in-house billers end up missing out on claims submission and follow up as they often end up juggling between administrative and billing works.
Missing data or information - missing and improper data not only creates complications for the physicians but also poses serious threats to the patients along with a delay in the complete DME billing process; leading to more rejection and denial of claims.
Coding errors - one of the biggest challenges in the DME billing process is coding errors and overcoming. With the changing technology and numerous codes, coders often seen ending with incorrect codes resulting in errors and delays in the overall billing process. However, all these DME billing processes can be resolved if you have the right operational extension by your side.
In fact today there are many RCM organizations that not only offer seamless billing transactions but also with reduced billing errors helps in faster reimbursement rate. With the highest productivity metrics in the market, while maintaining a 99.9 percent accuracy rate and reducing the operational cost by 80%, the right operational extension taking care of the complete DME billing operation works for efficient cash flow while streamlining the billing operation