How to Get an Efficient DME Billing Services

Today many DME medical billing experts handle offshore billing services with in-depth knowledge of DME billing guidelines (Medicare, Medicaid, and Commercial Plans) and its challenges every day efficiently. With a complete understanding of the complications involved in the filing of a DME claims, prior authorization process and complex reimbursement issues, here are the following pointers that outsourced DME billing experts for a seamless billing process with effective cash flow ensures:

Accurate Data Entry: Data entry is a vital step where all the information pertaining to Durable Medical Equipment, patients, etc is meticulously collected and verified correctly so that there is no mistake or problem are made during the billing process. This not only speeds up your DME claims process but also saves you from wasting your valuable time and money by avoiding rework.

Proper claims filling and submission: As each carrier have their own specific requirements; it becomes vital that billers should ensure that every document is complete and correctly checked before filing the claims. As it will only help in a smooth and effective DME billing process and a faster reimbursement.
Being regularly up to date with the billing rules and regulations: The medical billing rules and regulations are ever-changing. This is why many healthcare providers get stuck in the denial claims process due to the lack of knowledge about the changed billing regulations for which regularly being up to date with the billing rules are important.
Proper Denial Management: In case of faulty payments or denials from insurance companies, the first step of the DME billers handling the DME billing process is to find the reason for the denial. With complete knowledge of carrier-specific claims guidelines, continuous follow-up and stringent check you not only can fix the flaw but also can file an appeal to ensure proper reimbursement.
Robust Customized Reporting: When you have robust customized reporting which is generated daily, weekly or monthly accordingly as the practice requirement it gives you a better perception of your DME billing services. Giving you complete analysis of your DME billing work not only helps you to understand the area that you need to focus on but also the status of your financial performance.

Step followed in the DME billing process:

• The first and foremost step starts with data verification and viewing of the documentation for the DME billing process.
• Then comes the eligibility verification and authorization of the DME product if the patient is applicable or not and then the DME coding
• Once all these are done claims submission is initiated, followed by payment posting rejection management and account receivable follow-up.
• Also, there are many outsourced RCM organizations that also offers CPAP user compliance tracking and make counseling calls to non-compliant patients

Now, why outsourced your DME billing process?

Providing a complete HIPAA compliance, these outsourced RCM organizations ensure 70 percent operational cost reduction with a 99.9% accuracy rate. With a guaranteed increase in your cash flow, it is a cost-effective solution. Beside excellent industry references, these RCM organizations also reduce your AR bucket, offering dedicated account managers and robust reports accordingly.

In fact, outsourcing your DME billing services helps you with streamlining your DME billing process with effective revenue generation while you focus on your patient's care.