There are certain considerations when you are choosing health insurance is a plan’s out-of-pocket costs. These are the healthcare expenses that you pay yourself, i.e. out of your own pocket. Out-of-pocket expenses are paid in addition to your monthly premium for health insurance. In order to minimize your healthcare costs, you need to look at […]Read More.. Out-of-Pocket Payments and your DME facility!! What you should know?
With age, there comes a dependency. We may require assistive equipment to help us do things that were earlier easy, such as climbing stairs or standing up from a chair. The majority of older adults have never previously encountered this type of adaptive equipment, and navigating this new world of insurance and vendors can be […]Read More.. Durable Medical Equipment: Most Simple Things You Need to Know
A professional DME facilities and billing workflow ensure to have increased revenue. With errors and mistakes in your DME billing, the process for claims management is hindered and thereby the Accounts Receivable (AR) collections have a deep impact overall reducing the healthy cash inflows. So what are the best practices to optimize your AR days […]Read More.. Best Practices to Optimize your AR days for DME facilities
As per industry research, thousands of dollars are lost in mishandling and unpaid claims in numerous fields of healthcare, including Durable Medical Equipment (DME). Added to this is the multifaceted billing and coding procedures, and the claim requirements of Medicare, Medicaid, and other private insurance companies. To ensure accurate reimbursements and timely revenues, it is […]Read More.. Benefits of Hiring a Durable Medical Equipment Billing and Coding Agency
The Durable Medical Equipment (DME) industry is one of the most complex and continually evolving enterprises. While, there are some facilities that have a dedicated in-house accounts department, but most of DME practices today favor to outsource their billing, coding and revenue requirements to professional medical billers and coders. Getting all your charge entries streamlined […]Read More.. Resolving the Durable Medical Equipment Billing Dilemma
DME facility is majorly dependent on the mandates and regulations set by the federal government. The recent news of DME facilities overlooking the patient safety and the reselling of Home Medical Equipment (HME) has pushed the states to look for the law to curb irregular treatment of patients. This has further complicated the compliance issues […]Read More.. 5 Reasons why your DME facility might not be generating revenue?
Medicare helps pay for specific medical equipment that you may need for your medical practice. However, Medicare rules for coverage are strict and can be confusing. Durable Medical Equipment (DME) widely known as DME is reusable medical equipment, such as walkers, wheelchairs, or crutches. If you have Medicare Part B, Medicare covers certain medically necessary […]Read More.. How to Make Medicare Pay for Durable Medical equipment’s?