HME billing is a complicated procedure. Especially for a smooth billing process, healthcare practitioners must have knowledge of not only the process itself but also of software. Simultaneously maintaining ever-changing regulations and even denial management process understanding.
The Current Crisis
Following unusual times, HME providers are actively seeking to obtain a competitive advantage. All of the providers are looking for someone who can make their payments to the next level while also assisting in the best possible elimination of practice management issues.
However, expertise and the ability to grasp how front and back end work in HME billing produces accurate reimbursements are the keys to success. It all comes down to a disciplined team of devoted resources who can close all gaps and expedite your payments as quickly as feasible.
According to studies, the annual spending in the United States is $3.6 trillion, or more than $11,000 per person. According to a recent analysis by the Centers for Disease Control and Prevention, it is projected that more than 90% of that expenditure is devoted to chronic illnesses. This results in an even greater need for DME, HME products, and so on. However, with such high demand, not only healthcare practices but also patients, face difficulties.
Why is it so necessary to find a correct HME Billing partner?
Finding a trustworthy partner to assist you in your endeavor can be difficult. It is also necessary to improve your revenue cycle, focus on patient care, and implement an ecosystem that aids in the process of retrieving collections in the best possible way. You must improve your current revenue cycle management activities to achieve perfection in your HME billing mandates. Finally, it is the one that establishes the standard for a superior post billing process to follow. A reputable HME billing business will provide the necessary intervention at the outset that resolves your collection issues once and for all.
What makes Sunknowledge the most reliable HME billing destination?
Reason1: We provide the optimal pricing methods
Our experience in dealing with both payers and providers has been for over a decade. It has allowed us to not only examine the HME billing processes but also focus on the HME billing process’s strengths while reducing its weaknesses. As our specialists work tirelessly to identify methods to optimize your system by offering complete operational transparency through ongoing follow-up, good communication, and tailored reports.
Reason2: Billers and developers with prior experience
We not only lower the number of errors but also ensure faster HME billing resolution with thorough billing expertise and current industry mandate. Our professionals handle everything from data administration through the difficult permission verification procedure, guaranteeing a faster reimbursement rate while also accelerating your intake processes.
Reason3: The most productive metrics
We work on enhancing billing processes on a daily basis with a flawless plan of action. Sunknowledge professionals ensure the best collection rate by providing visibility into performance on our key indicators through customized reports, etc.
Apart from this, we are a top RCM organization with great industry references, no contractual contracts, and benefits such as liability insurance coverage of $1/$3 million from Geico/Hiscox for any mistakes of omission and commissions. So make use of the Sunknowledge advantage and receive the flawless HME billing process you’re searching for at a cost-effective rate of $7 per hour or 1.99% of all collections.
So, if you want to optimize your HME billing in 2021, contact our specialists straight away to see how we can assist you with a smooth HME billing process that will increase your ROI.