- December 20, 2018
- Posted by: Thomas Anderson
- Category: DME Billing, DME Billing Services
Sunknowledge does a lot of activities that meets the pre billing requirements of our clients and lays down a strong foundation. We extend a wide array of support in both front end and back end management and perform task specific jobs in eligibility verification and authorization, denial management and accounts receivable recovery.
Our team has the capability of working in all practice management / billing systems used in the market place. Also, we are equally equipped to handle any of your proprietary platforms and provide a seamless business transition approach to understand your protocols and how we can work as your reliable operational extension.
The best part, all our services are offered on a stand alone basis. It essentially means that you can choose any one of our services that meets your immediate priority or can opt for an integrated approach.
Our A la carte DME Billing Services cover:
- Order Entry
- Eligibility Verification and Authorization
- Doctor Office Follow-up
- Order Confirmation
- Scheduling of Delivery
Billing & Collections
- Creation of Claims
- Claims Submission & Rejections
- Cash Posting
- A/R Follow-up
- Rejection & Denial Management
Our team has successfully reduced pain points and improved cash flow, successfully reducing operational expenses by 70%. Also, we have a robust team working on your accounts receivable and ensure a smoother recovery which is quite unparalleled. We have increased collection rate by 97% for some of the leading names in the DME space.
The Durable Medical Equipment, Prosthetics , Orthotics and Supplies Competitive Bidding program (CBP) was mandated by the Congress Through the Medicare prescription Drug, Improvement and Modernization Act of 2003 (MMA). It essentially implies that Medicare has replaced the current fee schedule payment method for the selected items with a competitive bid process. Under this program, a competition is conducted among the suppliers in a particular competitive bidding area.
It is definitely worth a battle for the ones that wins the chance to sell crutches and wheelchairs for hundreds of dollars. Sunknowledge offers exclusive support in DME billing on an end to end as well as on s stand-alone basis. For gaining a clear competitive advantage, it is imperative that a DME suppler sets the standards, look for possibilities for winning the bid. The biggest advantage of DME billing outsourcing is a spontaneous reduction of the operational expenses.