- October 16, 2020
- Posted by: Thomas Anderson
- Category: DME Billing, DME Billing Services
In the healthcare industry, DME medical billing is a vital component in today’s complicated world and struggling economy; which is why today most of the healthcare providers primarily end up focusing only on the business side of healthcare especially concerning medical billing, coding and collections.
In fact, according to a recent report, each year physicians in the US end up leaving approximately $125 billion due to poor billing practices; where billing errors and failure to be up to date with present billing rules and regulation are the top two reason that are contributing to the maximum losses:
Billing errors – report has shown that 75% of DME medical billing contains billing and coding errors. And as insurance companies are very stringent in the billing and coding process, even the slightest mistake result is rejection and denial. While the second attempt of the billing process is often seen taking several months it only ends up wasting a lot of time and money.
Unaware of the recent billing rules and regulations- with the ever changing DME billing rules and regulations, billers and coders not only require to spend time and money on continuous education, software and n staff training services to current with present industry mandates but with all health care changes.
However with such billing problems, dedicated economy along with higher billers and coders wages rate, it becomes further more challenging for health care practices to get a seamless billing operation
This is where Sunknowledge Services inc can help.
Being a cost effective billing solution to many leading names in the industry and also one of the top DME billing destination serving 3 of the largest DME in the country with revenue coverage of around 1.4 billion dollars for these companies alone; Sunknowledge Services not only ensure a seamless billing operation but also faster reimbursement.
With experienced billers and coders, we not only ensure a stringent billing, coding and collection process with an assured 99.9% accuracy rate but also the highest productivity metrics in the market. Reducing your chances of errors in the billing and coding process, our experts furthermore with continuous AR follow-up help in collecting of 80% of claims beyond 90 plus days; resulting in efficient cash flow for all our clients.
In fact, partnering with us to resolve your DME medical billing problem further helps you in your billing operation as we offer added advantage like:
♣ proficient expert in different billing software like Brightree, Kareo, Bonafide, CPR+ Team DME and many more along with 100s of excellent client references
♣ We reduce your operational cost by 75% with our pricing model.
♣ 99.9% accuracy rate in all the billing and coding process.
♣ Highest collection rate
♣ 20% internal audits conducted regularly without any additional charges for the services.
♣ No cost dedicated account manager offered to all our clients.
♣ Liability insurance coverage of 2 Million Dollars, with a million dollar coverage per incident
♣ No binding contract with the first thirty days at no charge
So if you are looking for a seamless DME billing RCM organization that can take your complete DME billing responsibilities and ensure efficient cash flow, we are the perfect solution.