Latest Blogs
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DME Billing Services
Is your Accounts Receivable (AR) in control for 2016?
Speak to the experts if the answer is “NO” Accounts Receivable (A/R) – does that give your DME Revenue Cycle Management service nightmares when you think about it? Does the long DME billing cycle act as a barrier to that regular cash flow that you wait? How can you stay in control of your cash flow and intelligently forecast the 30, 60 and 90 days AR cycles? For A/R to be streamlined certain planning and…
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DME Billing Services
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 premises and bill accordingly, thereby…
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DME Billing Services
DME Billing Services – In house v/s Outsourced Agency
The most significant process 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…
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DME Billing Services
Streamline DME billing to reduce turn-around time and improve cash flow
DME billing is known to be a tiresome process because of the various complications and dependencies that come with it. Moreover, once claims are filed, the process of tracking and ensuring timely follow-ups can be very time-consuming. Added to this, although disruptive but helpful ICD-10 coding system has led to a series of changes which has led to increasing investment in terms of staff training and IT infrastructure investment. Further, the increased scrutiny on the…
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Accounts Receivables
5 Tips to improve your DME billing efficiency and speed A/R collections
A good DME billing workflow ensures an effective Revenue Cycle Management (RCM) process. Moreover, with the minimum of errors in your DME billing, the process for claims management and thereby the Accounts Receivable (A/R) collections also improves impacting the RCM process providing for healthy cash inflows. So what are the necessary ways to ensure that your DME billing process will help speed the A/R collections? Here are some 5 simple yet effective ways to make…
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