Today lack of expertise in managing seamless medical billing operations and tackling new payment models, billing regulations, and new revenue management tools are making the work of managing seamless billing operations extremely demanding.
Furthermore, with limited resources and certified coders, managing seamless HME billing operations is next to impossible for many. With frequent revisions in the HME billing regulations and codes today many practices are struggling to obtain the least amount of productivity. This is also one of the reasons why the outsourcing option is flourishing today.
Benefits of outsourcing your HME medical billing operation:
From executing the data entry process to tracking clients’ claims in real-time, outsourcing aid in improving your ROI. Continuously monitoring your HME complex claims process, its follow up and requirements, an outsourcing organization ensures they’re being worked on time.
Working on all the denials by editing them and resubmitting them, an operational extension works on quickly turning rejected and denied claims into a scope of revenue generation. Minimizing your rate of errors and also your denial and rejected claims, operational external support helps in keeping the number of denials to an absolute minimum. Saving you from spending tons and tons of money, especially on billers and coders’ higher cost of training, wages, retention, and management and operations further reduce your overhead expenses.
The Sunknowledge advantages:
Focusing on cost reduction as part of a strategic initiative Sunknowledge for the last 15+ years has been improving the ROI for many HME providers. Taking care of both the front and back end work with experienced billers and certified coders, our experts maintain a 99.9% accuracy rate and work on 97% highest first-pass collection rate. Resolving all your aging accounts while ensuring timely claims submission, we have helped many clients improve their cash flow.
Taking care of your entire billing operation, partnering with the right operational support like Sunknowledge we aid in reducing your headache of HME billing and optimize your medical billing operation so you can concentrate on your core activity – serving patients. So it’s time to save your money and focus on improving your practice.