Latest Blogs
-
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…
Read More » -
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…
Read More » -
DME Billing Services
Maximize clinical outcomes and Increase profitability of your DME practice
During tough times tough decisions need to be implemented. Many healthcare practitioners and providers have been facing reduced reimbursements mainly affected due to the emerging and changing healthcare rules and regulations. Three main problems faced by healthcare providers are: Reduced reimbursement from all payers Noticeable decrease inpatient footfalls due to increasing market competition and the tough economy Increase in Administrative and practice operating costs Commonly, physicians are known to provide certain ambulatory items to patients…
Read More » -
DME Billing Services
Overcoming challenges faced by physicians prescribing DME (Durable Medical Equipment)
It is well known to physicians that durable medical equipment (DME) services are ancillary to the primary clinical purpose. However, most physicians are also aware that when prescribing DME, they may not get the reimbursement due to them as their admissibility is subject to certain conditions. There may be a number of reasons why physicians who prescribe DME to their patients, their claims are often denied or rejected. The reasons could be due to: Deemed…
Read More »