How The accuracy Rate in The DME Billing Process affect The Revenue Generation

Posted by Willam Smith on March 3rd, 2020

The DME medical billing practice every year witness a low payment rate that is approximately 39.9%, which drains out USD 3.2 Billion from the Medicare Fund every year. This primarily happens due to medical billing errors, according to CERT (Comprehensive Error Rate Testing). In fact this error rate is thrice the overall National Medicare improper rate, which is currently pegged at 12.1%. That's why finding the perfect operational extension which not only can help you with a seamless DME medical billing process reducing the error rate in your billing process is vital.

Sunknowledge Services Inc: the perfect destination for your DME billing practices:
Errors not only delay the medical billing process but also hurts the revenue generation. This is why Sunknowledge Services Inc, a complete 360-degree medical billing, aims to address all pre and post DME medical billing work, ensuring a 99.9% accuracy rate in all the billing processes.

Starting from taking care of the documentation as one of the biggest reasons behind medical billing errors is inadequate documentation, Sunknowledge expert take the complete responsibility of all the coding, claims management, and denial management.
Sunknowledge Services' process can be divided into:

Pre-billing services

• Order entry of all the patients, providers, insurance, items, etc
• Eligibility verification done both online and even by calling)
• Prior authorization which is done with patients calling and doctor's office follow up for relevant documentation that needed for the process
• Order Confirmation
• Scheduling of delivery

Post-billing services:

• Claims management
• Rejection and denial management
• Payment posting auto (with and without audit as well as manual)
• Account receivable follow-up
• Account receivable and denial management

Taking extra initiative like doctor office follow-up and patient calling for the correct documentation, our expert also ensure 80% operational cost reduction with the highest productivity metrics and first pass collection rate.

So if you are looking for a seamless DME medical billing operational extension that can help you with a 99.9% accuracy rate, Sunknowledge Services Inc is the perfect destination. For more information, get in touch with the experts themselves.