Lacking in AR Management can Harm Your Durable Medical Equipment Revenue

Accounts Receivable (AR) is a key parameter in the financial division of every healthcare facility. It is defined as the money owed by the healthcare facility for the services rendered to the patients. Being a vital aspect of the revenue cycle management, the cash flow of the healthcare facility is directly proportional to the managing […]

Read More.. Lacking in AR Management can Harm Your Durable Medical Equipment Revenue

Are You Conducting The Right Follow Up On All The DME Denied Claims?

Getting to know the basics of denial management is vital for successfully running a medical practice and Durable medical equipment (DME) facility. Facilities that are showing positive bottom-line numbers at the end of each month will generally have denial rates below 2%-3%. Also, nowadays payers are embarking system software’s so they can identify different payment […]

Read More.. Are You Conducting The Right Follow Up On All The DME Denied Claims?

Out-of-Pocket Payments and your DME facility!! What you should know?

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?

Best Practices to Optimize your AR days for DME facilities

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

Benefits of Hiring a Durable Medical Equipment Billing and Coding Agency

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

Why are DME suppliers favoring Billing companies?

Going outsource from your local demographics to attain a higher return on investment is the latest trend engulfing healthcare units, clinics, hospitals, and outpatient facilities in the U.S. Partnering medical billing companies help Physicians to effectively survive and make an impact in tough economic clout, as they are specialists in resolving delayed payment issues, lagging […]

Read More.. Why are DME suppliers favoring Billing companies?

5 Reasons why your DME facility might not be generating revenue?

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?