- May 23, 2020
- Posted by: Thomas Anderson
- Categories: DME Billing, DME Billing Services
The DME market for the USA was valued at 49.9 billion in the year 2019 and is expected to expand at a CAGR of 6% during the forecast period. Advances in technology, rise in aging population, and prevalence of chronic disease are propelling the demand for durable medical equipment across the country.
Rising approvals of products are also projected to further fuel up the demand. Also, the expansion of the competitive bidding process is expected to drive retail sales of several products in the forthcoming years.
DME providers are always looking forward to securing reimbursements and find a reliable operational partner that can accelerate their billing & collection in the best possible manner. It is important to note that declining insurance payments, lack of in house experience for managing front office activities that can consolidate collections, managing DME billing & collections with an understanding of the best practices of the industry are pain areas that need immediate intervention.
Sunknowledge Services Inc: A Dedicated DME Billing & Collections Destination
If you are looking for task-specific support for all your DME billing and collections needs, reach out to Sunknowledge Services Inc. We are a complete RCM company, understand your immediate needs with billing, and extend superior support. Our team extends unparalleled operational transparency, drive your ROI with complete proficiency across all practice management systems.
Sunknowledge Services Inc currently serves more than 150 clients in the DME space and specializes in offering both pre and post billing services with exceptional productivity standards. We excel in understanding our client’s protocols, offer niche support in eligibility verification, prior authorization, order entry, doctors’ office follow up, payment posting, denial management & A/R collections.
Let us share how we reduce your dme billing costs, improve your cash flow, and offer assistance. Leverage the Sunknowledge Services Inc support for an elevated RCM effort.