Are You Aware of The New DME Billing Mandates?

On Nov 12 2021, CMS released the 2022 premiums, coinsurance amounts as well as the deductibles for Medicare Part A and B programs. Also the details of the income monthly adjustment details of Medicare Part D got revealed.

The standard monthly premium amounts for Medicare Part B enrollees will be $170.10 for the year 2022. It is an increase of $21.60 from $148.50 in 2021. The deductible annually for all Part B beneficiaries will be $233, an increase of $30 from the annual deductible of 2021!

The premium and deductible increase are due to a number of factors with Congressional action to lower the increase of 2021 Medicare Part B premium, resulting in a $3.00 per beneficiary increase in Medicare part B that being continued through the year 2025.

The additional reserve is also regarding the uncertainty regarding the use of the Alzheimer drug, AduhelmTM. With the premiums almost increasing by 15% in 2022 with Medicare Part B premiums, you need a quality DME billing services partner that are aware of the mandates and can help in tackling the troubling KPI’s.

It is serious around with lack of expert resources; shortage of labor is also crippling the healthcare industry at large. As a provider, you must make the best use of the resources to take care of your DME billing/practice management worries. It will help you in focusing on your patients and logistics a lot better than before.

What is The Sunknowledge Advantage

Currently working with some of the largest DME providers of the country, we know how to define your collections with our specialized intervention. Our team understands your DME billing world better than anyone else.

We have worked with some of the largest providers of the country making sure that all your operational challenges are handled by our best team of DME billers and coders. We have a robust presence across the DME landscape and work with all practice management systems in use.

What makes us unique is our ability to offer services on an a la carte basis. Our team has reduced operational costs by 70% with our versatile presence. Speak to our experts and get to know more on our industry references, how we work with the biggest and have eliminated their process loopholes once and for all!

Hire our experts for just $7 per hour and make sure that all your pending collections are put to rest. We offer extended support across both front and back end and drive your flow of cash by working as your reliable operational arm. Speak to our team and come to know what makes us unique in the entire DME billing world.