Today the Home Medical Equipment (HME) industry is quite lucrative industry due to the rising geriatric population demand for more HME support, the continuous rise in chronic diseases and frequent accidents. However, managing the rising demand is questionable for many. Mainly because the Home Medical Equipment billing industry is constantly changing leading to a lot of shifting with payor policies, reimbursement regulations, and compliance guidelines and keeping one self updated continuously is becoming a problem for many HME providers. Learning and maintaining industry knowledge is becoming quite a hurdle for many and also a waste of time for the staff as well.
Furthermore, today with the rising healthcare expenditure DME, HME providers often struggle during
hiring on-demand expertise to streamline productivity and get maximum reimbursements.
With the constantly rising market demands to match up the ever changing regulations, compliances, and industry trends, in fact, today is causing more levels of stress among all. The increased workload for many HME providers in fact are hindering the business from functioning at its best levels and also causing gaps in patient care management., leading to more of denial rates, a negative impact on revenue and also payment collections of many and so leaving providers to choose for an alternative solution to manage it all.
Sunknowledge the complete RCM answer:
Taking care of both the pre and post billing activities, Sunknowledge offers the best of the industry solutions. Updating regularly and following every industry mandate and billing requirement, the experts further work on offering customized solutions and ensuring continuous cash flow throughout.
What makes Sunknowledge so different?
- Unmatched productivity is guaranteed to be met from day 1 of operations.
- Dedicated resources with complete accessibility and accountability (No Shared Resource concept)
- Insurance Policy Coverage for Cyber Liability, Errors of Omission and Theft.
- Access to a dedicated transition manager for smooth operational setup
- No Transition/Training/Onboarding cost (No hidden cost)
- Preparation of Custom Reports as per clients' needs
- Rapid claims status analysis in denial management
Sunknowledge today serving more than 2000+ clients is popular for –
- 80 % operational cost reduction with Seamless billing operation
- Offering services at a cost effective rate at $ 7/hr without compromising on the billing standard and productivity
- Dedicated resources looking to improve your ROI constantly
So if you are struggling to manage the rising HME billing demand and looking for operational extension support that can help you manages it all, Sunknowledge is the perfect solution.
