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  • DME Billing
    why-are-dme-suppliers-favoring-offshore-billing-agencies

    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 A/R days, denial and follow-up management and most importantly cut down the errors in medical billing and coding of your DME supplies. What did you get with a DME Medical Billing Agency? DME medical billing agencies provide practitioners and insurers quick access to talented resources, which are prepared to execute assigned tasks immediately. Value added services with satisfactory results are the need of the hour for many DME suppliers. Hiring a company that only deals in delivering revenue based result not just emphasizes the cash flow, but brings to fore a streamline and combined effort to desired results. These billing companies provide end-to-end and a comprehensive medical billing service. They also take up short term projects helping in clearing the A/R back-logs, as DME billing agencies are flexible and quickly adopts changes to provide good process results. Keep in mind that a good company…

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  • DME Billing
    inside-secrets-of-dme-billing

    4 Inside Secrets of DME Billing

    As a physician when billing for DME services, the process can be very complicated and tiresome. However, there are ways and means to working with this, so that ancillary revenue need not be lost. Often healthcare providers write prescriptions for patients, who then have to procure the DME product from the DME provider. But, do you know that you as a physician can also dispense DME products from your office premise and bill accordingly, thereby receiving ancillary cash flow and also keeping your customers happy? Here are some insider tips to a smoother DME billing that can help the Revenue Cycle Management(RCM) reimbursement process get a boost: DMERC license : To dispense Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS), one must have a Durable Medical Equipment Regional Carrier (DMERC) license to dispense covered items for Medicare patients.  Coverage and eligibility : Verifying the coverage and eligibility of your patients is the next step towards streamlining the DME billing process Documentation : This is most essential when it comes to DME coding & amp; billing. Employing the correct HCPCS code to use for a specific item is what will help process your claim faster. The documentation should meet the “medically…

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  • DME Billing
    dme-billing-services-in-house-vs-outsourced-agency

    DME Billing Services – In house v/s Outsourced Agency

    The most significant processes in the DME practice, besides the clinical services offered, is the billing and Revenue Cycle Management process as they bring in cash flows. The major changes both in the healthcare industry and the political scenario, are keeping people guessing and on their toes as to what changes are likely to come in and how this could further affect their practice. Many DME practices, when it comes to billing and the revenue cycle management process, are unsure if they need to upgrade systems and manage training in-house or whether to outsource part or the whole. However, a thorough assessment of the practice needs to be done that includes: the infrastructure costs in terms of system and software upgrades, the capital investment required for regular staff training to upgrade their knowledge on the coding and billing practices, the verification and eligibility for DME services and regulations of different payers, adding on new staff to handle the RCM process more efficiently for claim follows and chasing rejections and denials, Documentation: It is also well known that the DME providers are often at the mercy of physicians as they receive meager information with respect to converting the codes accurately. Moreover, having…

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