Today with the growing healthcare cost, overhead issues are becoming one of the rising concerns for many HME providers. This is mostly because the overhead costs constitute a significant share of the total operating costs of hospitals and healthcare services. Mostly associated with the documentation, billing, clinical and other supplies, power, maintenance, transport and other non-clinical expenses; overhead cost at times cause obstacle in the expansion of the business.
While most of the expenses can’t be avoided as it helps in boosting your overall operational efficiency, however, when tactfully managed a lot can be saved. In fact, one of the convenient solutions to reduce unnecessary overhead expenses is having an outsourcing operational extension support customized according to our needs. In fact, in a recent black book market Research reports 54% of healthcare finance executives opined that outsourcing RCM today is the most convenient and cost effective solution that had helped them increase efficiency.
Sunknowledge reduces your overhead cost:
Starting from data management to accounts receivable collections, Sunknowledge from the first step works towards maintaining an efficient overhead cost management process.
Through its team of experienced billers and certified coders, systematic networking of diagnostic imaging equipment and analysis of operational data while maintaining complete HIPAA compliance not only we ensure a better billing transaction but also faster reimbursement rate as well.
Increasing the transparency and helping in avoiding redundant spending that often in-house staff end up wasting like in transcription, medical errors, lost charges, denials, and storage and retrieval of charts, training sessions of billers and coders, software etc; Sunknowledge saves your money, time and money; reducing your overhead expenses. Excelling in working on different HME billing software that helps your billing process easy, our expert improves your operational proficiency for your HME billing in no time.
Offering standard communication without compromising on productivity metrics, Sunknowledge expert improves competency across all functions, while reducing 80% of the operational expenses.
Still, thinking? Get in touch with our expert now and lets us discuss how we can ease your HME billing problems and the strain on your finances so you no longer have to worry about your billing in today competitive market.
Sunknowledge Services Inc. – an ISO 27001:2022 certified, American-owned & operated company, headquartered in New York City – is a leading global provider of Business and Knowledge Process Outsourcing services in the US healthcare domain.