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DME Suppliers should have to work hand in hand in order to reach their potential patients and provide the best service if possible. Here are the five things that all suppliers of DMEs should know when working with other suppliers. 1) Medicare Guidelines It’s very important to follow the Medicare…
Many of the companies offering outsourced business services of one type or another in the HME industry. As providers realise that they need to cast off some of the functions that are not essential business operations, that group is likely to expand. Today’s growth oriented HME provider realises that they…
A frequent question arise from every physicians is how they can negotiate better Payer contract. It’s not easy negotiating the best Payer contract terms requires a significant amount of preparation and work along with good negotiation strategies. In addition, there are many specialty specific and practice specific nuances that physicians…
Do you find yourself wondering? How to organize and run your billing operations efficiently? Are you struggling to strike the right balance between efficiently billing insurance claims and managing the costs of billing personnel? You may have all the right aspects but still you are struggling with the execution, service…
The world is getting smaller and smaller as more people connect with one another over networked computerised systems. Enhanced connections speed up reaction times as people can communicate more easily, but there are also gains being made as various software and computer systems link up with one another for automated…
A Durable Medical Equipment License, sometimes abbreviated as DME License, is critical part of most medical practices. Having a DME License will increase practice revenue, improve patient care and provides additional non-practice revenue opportunities. I am writing you to discuss the benefits of dispensing durable medical equipment directly to your…
Durable Medical Equipment billing workflow ensures an effective Revenue Cycle Management process. Moreover, with the minimum of errors in your DME billing, the process for claims management and thereby the Accounts Receivable collections also improves impacting the Revenue Cycle Management process providing for healthy cash inflows. Let’s see what are…
I recently heard that DME suppliers are facing issues with their billing and with the tight margins of the DME industry, many suppliers are searching for ways to bring in extra revenue, and here are the five operational pain points to look into it.1. Reimbursement cuts: Obviously, the biggest pain point…
The market for durable medical equipment (DME) is growing because of the ageing population and an increased desire by patients to stay in their homes. Difficulties with Medicare billing and lower payments are driving many DME suppliers to opt out, with patients paying out of pocket instead. Opportunities for Today’s…
Patient No Shows are the bane of every medical practice, and having strategies in place to reduce them is essential. Nationally, most medical practices without a systematic patient reminder process average 18 to 20 percent no-shows monthly. Even with no-show fees in place (which may or may not get paid).…
