In a recent survey, the researcher has found that the HME products are increasing its industry size day by day, stating the market survey to rise up to USD 271 billion by 2026. With the normal demand, there has been seen increasing in the demand of the HME/DME products especially for the aged peoples. This is because every single day, approximately more than 10,000 peoples are turning 65 who required some kind of HME/DME products.
Furthermore, in the coming years, the number of old age peoples will only increase rather than decrease, which will also lead to an increase in DME/HME products. It is estimated that the number of American peoples with the age of 65 and more will double by 2050. For which to satisfy the huge HME/DME products requirement, operational extension with skilled resources are required helping out the HME/DME billing services.An operational extension not only helps in seamless HME billing operation but also securitize incorrect documents, changing medical regulation, claims etc decreasing the reasons for improper reimbursements.
Compliance – as vital information exchange happens in the process of this medical billing domain to avoid fraud and laundering of unnecessary money requires an operational extension which has a complete HIPAA compliance. Ensuring stringent regulation keeping the information secure
Collection and productivity- it is best to opt for an operational extension that offers the highest collection rate and productivity as it results in positive reimbursement.
Dedicated manager – in-house billing experts can't be available for 24*7 for all small and big medical billing problems. Which is why an outsourcing organization with the advantages of 24*7assistance should be also in the checklist when choosing the operational extension.
Robust reporting - to keep track of the productivity, outsourcing organization maintain robust reporting. This reporting also helps in providing a complete understanding of the strength and area which needs more focused in order to improve the billing process plays an important part in the checklist
Sunknowledge Services Inc is a complete practice management/ healthcare revenue cycle management destination that offers stand-alone/ end to end billing support for more than 28 specialties including HME/DME billing. Understanding the recent industry regulation and the immediate claims adjudication mandates, we have special capabilities when it comes to delivering stand out support in DME billing as more than 50% of our work is in this domain.
Excellence in handling any client proprietary platform and billing software like Brightree, SOS, PrimeRx, Futura, team DME and many; we ensure 99.9% accuracy rate in all our billing and coding services. Delivering an effective solution for all medical billing problems, our proficient experts excel in:
Billing and collection:
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