With the changing speed in the medical billing industry staying update with the changing rules and regulations for the providers, at times is difficult and even resulting in wastage of time and money. This is why most of the Healthcare provider reduces their burden by outsourcing their services to help out in their DME business.
What is The Use of an Operational Extension?
Streamline Your Operation – a biller often found juggling between individual patient billing process, data entry or prior authorization and administration work. This juggling between works creates confusion in the process, resulting in more denial claim. This is why outsourcing organization plays a vital part as a group of people are already appointed and trained for the particular billing process. Hence, this resulting in lesser denial claims and errors. It even eases out the burden and streamlining operation helping the healthcare providers focus more on patient care and other vital activities.
Updated Software – In medical billing business different software are used for billing, coding, accounting documentation extra. All this different software running at together can create problems, especially the outdated one this is why outsourcing organization excel in such services as they are regularly updated as far as software is concern. Hence, lesser confusion in the process is seen resulting in less denial claim and lesser wastage of time and money.
Cost-Effective – everyone looks for a procedure that can reduce the cost. Here one of use of operation extension is providing a cost-effective method. As in-house staffs are much more expensive this is why partnering with an outsourcing operational extension for all kind of billing solution support is a much better option.
Better Business Information – Running or DME medical billing business is not an easy task as it looks, in this rising DME competitive world. As access accurate up to date information for most of the healthcare providers is often crucial. Furthermore for a successful DME medical billing business information account receivable, changing DME prior authorization rules should be at your fingertips. It is often seen that it in-house Healthcare staff often find difficult in being up to date resulting in outsourcing billing services for a successful business.
What is Sunknowledge’s Use as an Operational Extension?
Sunknowledge Service Inc a decade old 100% HIPAA and HITECH medical billing solution provides all the above facility and even more. In fact, Sunknowledge excellence work in DME prior authorization services has gained lots of industries references along with 100 clientele list with annual revenue of 1.6 billion only in DME domain.
How The Processes of DME Prior Authorization help by Partnering with us?
- We help in 100% prior authorization on the same day
- Even 1.5-2x increase rate of authorization is one of our achievements
- Gathering vital information on medical procedure, patient, and provider is what our experts start with
- Verify and validate prior auth request with effective payer side communication
- Check the patient’s eligibility
- Initiate the auth request based on the payer mandates
- Checking the auth status
- Collating relevant documents from the ordering physicians/follow up
- Providing additional information if any
- Update the auth income in the PM/Billing system
Other Benefits Provided by us:
We also excel in providing CPAP compliance support as well as pre-billing activities which no other RCM offers. In fact, partnering with us will help you gain an 80% instant reduction in your operational cost, 97% highest first-pass collection rate and a 30% shrink in your account receivable bucket, which is rare in this medical domain. So you are looking for an effective DME prior authorization solution and financial upliftment, Sunknowledge solution is the perfect answer to it.
