- March 4, 2021
- Posted by: Thomas Anderson
- Category: Orthotics Billing
Today the rising geriatric population across the globe has become one of the key factors driving demand for orthotics as well as prosthetics equipments everywhere. In fact, by 2025 the orthotics global market size is expected to reach USD 12.28 billion exhibiting a 5.1% CAGR during the forecast period. Furthermore increasing in sports injuries and rising incidence of osteosarcoma etc also contributes to a major percentage in the growth of the orthotics market. However, even with such a huge demand in the orthotics market, finding a team of the perfect billers and coders for your orthotics billing process is quite tough.
Problems in orthotics billing services:
With the changes in the healthcare industry on a day to day basis, finding a team that is adherence to changing regulations but also present industry mandates is quite challenging. In fact, today there are healthcare practices that are unaware of the fact The American Medical Association (AMA) has substantially altered the CPT coding guidelines for outpatient evaluation and management (E/M) services in 2021; which has not only resulted in many denial but also decline in reimbursement. But with a perfect operational extension, you no longer have to worry about your orthotics billing services.
Sunknowledge: The ideal Orthotics Billing Solution Improving Your Business
Taking all your pre and post billing responsibilities, Sunknowledge Services Inc today is one of the leading RCM solution across the U.S for the past 12 years and more. With 100s of clientele lists for more than 28 specialties, our experts help practices reduce the overall cost by 80%. Maintaining a 99.9% accuracy rate and declining numbers in claims denial and errors; with our for your orthotics billing your practices further achieve the highest collection rate of 97%.
With our team of experts communication skills, customized robust reporting, we further maintaining complete 100% HIPAA compliance works towards a complete operational transparency so that our clients get a clear picture of where their money is.
With a Liability insurance coverage of $1/3 million from Geico/Hiscox for any errors of Omission and Commissions, our experienced billers and certified coders working efficiently with complete software proficient in Brightree, Universal, Kareo, DME works, Futura, CPR+ and many more to get our clients with faster reimbursement rate.
In fact paying proper attention is given to every size or source, we today are known for excellent industry references and the highest productivity metrics in orthotics billing.
So if you are looking for a convenient, cost effective solution to stabilized or better your billing process, we are the perfect one.
For more information, call us right away!