- May 16, 2020
- Posted by: Thomas Anderson
- Category: DME Billing, DME Billing Services
By 2026, US medical billing market for outsourcing is poised to reach 7.8 billion with a CAGR of 11%. Declining Medicare payments, growing burden on growth and profits as well as mounting volumes of bills are leading to a trend of decreasing in house processing expenses!
The front end services segment is dominating the market, decreasing rework, increasing downstream cash flow as well as the cost to collect. On the other end the middle / back end is expected to have the fastest growth during the forecast period.
Minimization of loss and hassle free billing procedure is a focus area for the healthcare providers. Acute care hospitals & clinics / physician offices and several other healthcare providers are looking to for a reliable partner, who can complement their efforts for a complete healthcare revenue cycle management experience.
Sunknowledge has the answer in DME Billing
Over the last decade, Sunknowledge Services Inc has built a strong market presence with their comprehensive range of services in healthcare revenue cycle management. The team currently services more than 150 clients across more than 28 specialties. Our biggest asset has always been working as a reliable operational extension for their clients, offering them dedicated assistance.
We are currently serving some of the biggest names in the DMEPOS/HME provider space. Our team understands the best practices of the industry and delivers you a redundancy plan in eligibility verification, prior authorization, denial management and accounts receivable collections.
Our ability to offer our superior standards of productivity and niche support in front end / back end with a comprehensive outlook elevates your overall practice management/ revenue cycle management effort.
The Sunknowledge assurance in DME Billing
♦ We can meet or beat any price in the market with access to dedicated resources at $7 per hour
♦ We have highest collection rate in the industry with a team of highly experienced AR analysts
♦ Unparalleled productivity metrics with robust internal audit program ensuring 99.98% accuracy
♦ Great references from top clients and serving the biggest & best
♦ Dedicated manager for seamless communication
♦ Customized reporting that meets our clients specific protocols
♦ Compliance standards as an ISO 27001:2013 and ISO 9001:2008 certified organization which in turn ensures HIPAA compliance
We have the perfect disaster management plan! Let us share our business synergy approach to you over a “no commitment call”.