Experts were under the notion that the recent round of competitive bidding for DME items will propel to reducing of reimbursements. However the industry was spared with that fate in October with the CMS saying that it will only be awarding new deals for two product categories.
The CMS opted avoiding awarding contracts in 13 out of 15 categories after it failed to generate expected savings from the same. It relaxes the threat to large manufacturers of durable medical equipment items like the Philips, Baxter, ResMed and others in the same loop.
The suppliers are apprehensive, looking for reliable partners helping reduce their operational expenses in the best possible manner. Finding a vendor that can help them in achieving a hassle free standard in practice management is the need of the hour. It all comes down to a dynamic pool of resources who can take your reimbursements to the next stage with as a specialized partner offering dedicated assistance.
The value on offer by a consistent partner
Experts opine that a quality DME billing services company knows what it takes to eliminate gaps in practice management. They have great experience, unmatched versatility in working with multiple billing systems; extend exceptional assistance that transforms cash flow.
Also the company will be offering unmatched assistance with great references from top clients for whom they have resolved proven business challenge by offering a comprehensive action plan. Making sure that all your pre and post DME billing worries are send to rest is only possible with trained resources that can optimize flow of cash in the best possible manner.
Ability to deliver customization
Dedicated support and that too at next door rates, ability to work according to client protocols is what makes a difference between the best DME billing partner and others. With a clear cut approach, they will offer all the support in checking of eligibilities, working on prior authorization, order intake and confirmation, submitting of claims, managing denials, collecting your pending accounts receivable and posting payments on time.
It is true that a quality RCM partner reduces your everyday operational expenses, reduces the DSO time span and elevates your payments. To end, a DME billing powerhouse has the niche ability to make a critical difference in your payables
