Home medical equipment (HME) billing is a demanding and time consuming job that often ends up with numerous roadblocks. According to a study, more than 50 % of HME providers complain about issues related to the continuous billing update that makes the billing process difficult for many. Furthermore, the confusion over insurance and data management makes the HME billing even more complex. In fact, here are a few obstacles that HME providers have to struggle with every single day.
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Updating oneself on daily basis – as the healthcare industry is changing every day, new technology and treatment solutions are introduced on a frequent basis, and the change in billing requirements and introduction of new codes are also witnessed. So for HME billers and HME coders, it is very important that they not only understand the crucial electronic system such as EMR and HER but keep up with present industry mandates in order to enjoy seamless billing transactions. However, this at a time can be difficult for many. Nevertheless, all these need billers and coders to dedicate and ensure significant amounts of training to operate for in-house billers can be difficult.
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Maintaining the chain of correct information – the importance of detailed patient data for insurance providers is seen during the claims management process at the time of receiving the reimbursements. Mistakes in data management not only slow down your revenue generation but also delay the growth of your practice.
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Various coding errors – errors such as typos are frequently the reason for most claim denials. This is why one much be careful and accurate while working on the HME coding process.
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Multiple claims – with filing thousand of claims a week, the workload often lead to errors. This further results in holdups and slows the billing process considerably. This is why today managing your complete billing operation with the help of external operational support is preferable.
Catering to all your HME pre and post billing needs at the rate of $7 /hour, Sunknowledge for the past 15 + years is delivering outstanding support to many. Following every regulation under HIPAA guidelines and putting undivided attention, Sunknowledge experts ensure streamlined medical billing if you are struggling with billing, collection, management and all. Helping you get a faster reimbursement as soon as possible, the expert further decreases errors and reduces the operational cost by 80% rate as well.
So, if you are looking for a solution that can help you avoid HME billing challenges and aid you in increasing your practice performance, then Sunknowledge is the right solution.
