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 facilitiesBest 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 AgencyWhy 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?Resolving the Durable Medical Equipment Billing Dilemma
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 Dilemma5 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?How to Make Medicare Pay for Durable Medical equipment’s?
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?Checklist for Durable Medical Billing Suppliers to Enhance Their RCM from Insurance Payments
It is a known fact that in the RCM process every process and workflow in the medical billing cycle has a correlation with the revenue cycle function. This is known to contribute to an industry average of 15–25 percent of overall operating costs ( a large population of DME/HME companies continues to operate at 25–35 […]
Read More.. Checklist for Durable Medical Billing Suppliers to Enhance Their RCM from Insurance Payments