- December 18, 2020
- Posted by: Thomas Anderson
- Categories: Orthotics Billing, Outsourcing Medical Billing
Being a vital part of podiatric practice The Global Orthopedic Orthotics Market in 2016 was valued at $3,130 million and is projected to reach $4,658 million by 2023, growing at a CAGR of 5.8%. However, they associated hard costs when orthotics is a concern. This often can be a problem if the officer in charge is unable to collect the fee in a timely manner, which often happens if your in-house billing and coding staff are not aware of all the required coverage criteria for the principal insurance companies that your office commonly deals with when it comes to payment for any rendered.
This is where Sunknowledge Services Inc can help.
Sunknowlege Services: The Master of Orthotics Billing Processes:
Being in the medical billing industry for more than a decade, Sunknowledge Services Inc today excelling in providing seamless orthotics billing transactions also saves a lot of time in determining whether orthotics may be a covered benefit for the patient or not. Further ensuring a 99.9% accuracy rate in all the billing and coding processes, our experts ensure doctor office follow-up directly, reducing your chances of errors in claims.
Resolving payment collection which is often a sticking point for many offices, our experts further helps in 80% operational cost reduction. Setting a benchmark, Sunknowledge services Inc today in fact known for the highest productivity metrics and also for excellent client references.
Catering to the Complete Orthotics Billing Processes, our complete portfolio includes:
♣ Order entry (patients, providers, insurance, items, etc)
♣ Eligibility verification (both online as well as calling)
♣ Prior authorization with patients calling and doctor’s office follow up for relevant documentation needed for the process
♣ Re- authorization
♣ Order Confirmation
♣ Scheduling of the delivery
Post Billing Services:
♣ Claims submission and management
♣ Denial and Rejection management
♣ Payment posting auto (with and without audit as well as manual)
♣ Account receivable follow-up
♣ Account receivable and denial management
In fact partnering with us further helps you with:
♣ Demonstrated expertise in working on difficult-to-recover aging A/R
♣ No cost dedicated account manager as well as customized reporting
♣ Faster reimbursement rate and lesser chances of denial and rejection
♣ Same attention to every cash amount regardless of its size or source
♣ Increase in collections by 30% to 40%
♣ Expert handling of accounts receivable by highly experienced staff
So, if you what to master your orthotics billing process, you know the perfect destination to look for.