Managing HME billing requires experience and expertise. In fact, having an operational extension working to support your functions in Revenue cycle management can also help you in reaching your cost-efficiency goals and seamless HME billing transaction faster than that of an in-house support team.
According to a recent survey by the Black Book market report – 54% of healthcare finance executives stated that – outsourcing RCM had helped them increase efficiency.
In fact, today when practices are trembling under economic pressure and labor shortage issues, outsourcing billing operations can help with:
- Saving your money that you often end up spending on unnecessary hires
- Avoiding spending on training sessions and software etc
- Streamlining workflows in no time
Offering you a systematic networking of analysis of operations so you experience better ROI, an operational extension takes care of your complete billing from the start – data management, eligibility verification, complex authorization follow-up to understanding claims. Increasing the transparency and helping in avoiding redundant HME coding and billing errors, there are RCM organizations that offer constant support that to at a cost-effective rate improving your cash flow.
Sunknowledge improves your HME billing and coding workflow:
Reducing the operational cost of healthcare practices is a deep-rooted problem with multiple layers of complexity and any solution that addresses it requires expertise and experience. We at Sunknowledge, believe we have the expertise and experience to resolve operational cost problems and other HME billing issues as well. Working with many leading HME clients across the US and bringing down their costs and boosting revenues, we are known for our holistic solutions and guaranteeing the highest productivity metrics.
Without compromising on the standard and ensuring constant follow-up, we take care of your complete billing operation so you can focus more on patient care. With constant effort performing so you experience the highest first-pass collection rate, our experts ease the strain on your finances which is keeping you awake for months.
For more details on our other benefits, speak to us over a ‘no commitment call’ and know how we can improve your HME billing efficiency!