The coding and billing procedure can be outsourced to a DME billing company, freeing up healthcare practitioners’ time to focus on patient care. A substantial percentage of the healthcare billing process is handled by an DME billing company (paperwork). So that doctors and other healthcare professionals are not burdened with the tedium of dealing with a wide range of patient data. Finding a company that can manage billing chores has always been a tough challenge for the providers.
Whether you are in charge of general practice or specialty services, working with a reliable DME billing service provider can boost your cash flow and reputation. As a result, you will be able to stay up to date and relevant with regulatory compliance. So, if you’re still looking for advice on how to select the greatest DME billing firm, you’ve come to the right place.
Here is a summary of some of the most useful pointers for selecting a reliable DME billing service provider:
Look for Prior Experience
It’s one of the most important questions to ask before employing a DME billing company.
- What is the history of their firm?
- Did their clients have a great experience?
Companies with a long history in the market are smart bet. It indicates that they have worked out a proper plan of action for keeping their clients pleased.
Determine if they are ICD-10 compliant
The most current edition of the International Classification of Diseases (ICD) code is essential for error-free coding. Working with a billing partner who is conversant with ICD-10 has a number of benefits that can save you time and money.
A Proactive Billing Organization
A reputable DME billing business will go out of its way to keep customers coming back for more. The majority of healthcare providers priorities on speed and availability. It is critical to make money while also ensuring that patients are not inconvenienced. As a result, a billing partner should be quick to respond to any concern that develops during and after the service.
Complies with HIPAA regulations
Working with an ISO-certified organization that adheres to the Health Insurance Portability and Accountability Act (HIPAA) is the most effective strategy to safeguard your interests. Knowing that the billing company’s methods adhere to HIPAA requirements provides comfort. They also do not take part in the unauthorized use of personal patient information.
Billing Firm Meets the Deadline
Meeting deadlines is crucial for any business in order to keep client loyalty and avoid negative encounters. Providers, insurers, and insured all have deadlines to satisfy. As a result, regardless of the specialty or obstacles involved, the HME/DME billing organization must adhere to deadlines and produce results on time.
Updated Technological infrastructure
Not every billing business will have the greatest billing and coding software. If you insist on using specialized medical billing software to manage your bills, it’s necessary to explain this demand in advance and obtain confirmation from the DME billing company.
Assist with denial management
You may easily handle denied claims by collaborating with a medical billing business that has a specialized rejection management staff. Inquire about the firm’s ability to assist in the event when a claim is denied.
Plans in the Event of an Emergency
DME billing is an essential process that might not only irritate a few patients but could have far-reaching effects, including severe financial and reputation damage. As a result, create a backup strategy for service continuity in the case of an unanticipated emergency, such as an epidemic disease or a natural disaster.
Sunknowledge is the game-changer in HME/DME Billing
When looking for a DME billing firm that can match the bulk of the aforementioned criteria, you’ll find that the majority of them fall short in one or more areas.
Sunknowledge is an exception to the rule, as it not only meets but also goes above and beyond the aforementioned criteria. We deliver excellent quality and operating standards in order to achieve client happiness and recommendations. This has helped us keep long-term commercial connections.
Some critical elements that make Sunknowledge a popular HME/DME Billing business are as follows:
- Maintaining a 99.9% accuracy rate throughout the billing and coding process.
- An 80% reduction in operational costs
- Complete HIPAA, HCPCS, and ICD-10 compliance
- A low-cost hourly fee of $7 only
- Reasonably priced with a number of payment options
- International-standard infrastructure with cutting-edge features
- Streamlined on-boarding, billing and coding methods
- Advanced billing software is used.
Hence to conclude, aside from the aforementioned critical features, unlike any other RCM provider in the healthcare industry, our team can provide remote assistance during pandemics. We continue to maintain the best production standards in the business. We provide unequaled and continuous 24×7 services to every client in the HME/DME billing arena due to our dedicated resources.