It is no secret that the HME providers faced a rough couple of years as the pandemic crisis not only dampened the financial growth but the lack of resources gave difficult times in managing the billing affair as well. Most of them even experienced negative margins for quite some time. In fact, even today many HME providers are still struggling to maintain the bare minimum.
With low operating cash flow and inexperienced resources, HME providers are in fact looking for solutions for operating seamless billing transactions and overcoming problems like insufficient staff to meet the rising HME demand, training staff and retaining staff and ensuring a faster reimbursement process at a cost effective rate and more.
Furthermore, with the rise in the aging population—those 65 years or older by 3 percent between 2021 and 2025, where the general population is only slated to grow by 0.5 percent and is expected an increase in more chronic disease, HME providers are keener on finding the reliable sources to find the perfect solutions.
Sunknowledge – a powerful HME billing way out:
Managing HME pre and post billing can be quite a time consuming due to its lengthy paper work and constantly changing billing mandates, this is why Sunknowledge Services Inc is here to help. Ensuring the right information from the start to correct code management that allows optimal reimbursement, Sunknowledge for the past 15 + years is helping many leading HME providers in the industry. Helping you out when your practice is reeling under the economic and operational pressure of the labor shortage and rising healthcare cost, Sunknowledge not only work on reducing the operational cost but also reduces your chances of error.
In short, Sunknowledge Services Inc has got you covered.
Offering the highest first pass collections rate and catering to all your HME billing needs and more, the experts are further known for shrinking the AR bucket by 30%; increasing revenue in no time while decreasing all your compliance risks.
Working constantly to meet all your critical KPIs every month with clean claims submission, Sunknowledge experts further work on accurate documentation and timely charge capture. Delivering seamless claims round the clock, 365 days a year and dedicated resources working on improving all your HME billing and coding loopholes; we leave no cash on the table. In short, Sunknowledge Services Inc. is in fact here to address all your HME billing pain points in no time.