durable medical equipment billing companies Archives - Page 4 of 5

CMS Relaxes the Date for CURES Act Changes for Durable Medical Equipment (DME) Billing

CMS has now backed off from the initial date of Dec 31, 2017, and stated that it will work with state Medicaid programs for different compliance and reimbursement plans. CURES ACT related to Medicaid update was first released in early December. In view of various physicians and surgeons, CMS has now revised the ruling stating […]

Increase Collection of Durable Medical Equipment (DME) Provider’s

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Medical billing and coding is an integral part of your revenue cycle management. It not only concentrates on posting accurate payments but invariable increase the collection of your facility as well. Today, most medical facilities, solo practitioners, healthcare units, and clinics employ dedicated medical billing and coding companies to optimize the entire income cycle. This […]

A bid program for Durable Medical Equipment(DME)?

Recently the Medicare Payment Advisory Committee (MedPAC) made payment policy recommendations for non-competitively bid Durable Medical Equipment. And if internal reports are to be believed, MedPAC plans to recommend that CMS shift more products away from the excessive fee schedule to bid rates. Also, it plans to call for immediate reduced payment rates for certain […]

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 […]

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 […]

Durable Medical Equipment: Most Simple Things You Need to Know

With age, there comes a dependency. We may require assistive equipment to help us do things that were earlier easy, such as climbing stairs or standing up from a chair. The majority of older adults have never previously encountered this type of adaptive equipment, and navigating this new world of insurance and vendors can be […]

3 most commonly used software for DME billing

DME(Durable Medical Equipment)s are prescribed by medical practitioners for inpatient or outpatient use and needs to be approved by the patient’s insurance. Why is it necessary to install the correct billing software, especially when you are in DME practice? Well, ensuring you are compliant at every step in your DME billing process is very essential […]

Durable Medical Equipment (DME) Billing Blogs