70 likes | 84 Views
Looking for successful ways to establish an effective DME management process? Contact 24/7 Medical Billing Services to find out solution!
E N D
Durable Medical Equipment billing is complex as it requires a detailed understanding of how to code claims, what to bill for, and when to submit claims. Recently, there have been several cases of incorrect DME billing, either due to a lack of knowledge or a fraudulent attempt to make money. DME billing fraud comes in a variety of shades and colors. Billing for items that were not ordered or received is a common type of fraud. The discrepancy is revealed in the paperwork known as the Explanation of Benefits (EOB) or Medicare Summary Notice (MSN). Sometimes fraud occurs when a patient receives equipment not prescribed by the doctor. Other types of fraud include receiving a phone call from someone unrelated to the physician's office requesting Medicare information, billing for duplicate orders, higher-than-normal rental charges for equipment, etc. Insurance companies detect fudged billing with great expertise, regardless of how it is committed. However, they can result in heavy fines. That’s why it is essential to look for successful ways to deal with it at the earliest, along with the exact submission process. 3 Successful Ways to Establish an Effective DME Management Process HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
3 Successful Ways to Establish an Effective DME Management Process HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
DME Claims Submission Procedure • DME Billing Guidelines • Ways to Streamline DME Billing • Ensure proper documentation • Adequate Prior-Authorization Procedure • A Robust Accounts Receivable Process 3 Successful Ways to Establish an Effective DME Management Process HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
Even when you have all the proper paperwork, you need to know the Skilled Nursing Facility (SNF). Medicare will refuse to reimburse for any ASC services conducted within the SNF. The patient will not get any reimbursement for treatment in such a case, so be aware of the SNFs in the area before you take the patient in. 3. Getting Appropriate Authorization & Verification Before conducting a procedure, you need to understand the coverage a patient receives and determine the party's responsibility. Part of it also includes verifying the edibility of the claim and the address of the claim. Failure to get the verification and the appropriate authorization often results in reimbursement delays. Hence, all the paperwork must be done before undertaking the correct procedures and ensuring whether costly implants are covered. 2. Medicare and the SNF Condition HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
Outsourcing is the most effective way to improve your DME billing processes while decreasing collection time. Here are a few examples of how working with 24/7 Medical Billing Services can help your company: • Understands the healthcare system in the United States • Reduces your DSO (day sales outstanding) • Lowers your overall operating costs • Increases the size of your billing department without the hassle of hiring new employees • Finds ways to increase claim and patient collection rates • Continuous education on industry regulations is provided • Are you ready to improve your DME billing processes and collection rates while saving time and money? Then contact 24/7 Medical Billing Services to find out how we can help you get the most money out of each claim! Outsource your DME Billing HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. About Us HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
Media Contact: 24/7 Medical Billing Services Georgia 3001 Greenfield Drive, Marietta GA Ohio 28405 Osborn Road, Cleveland, OH 4414030068 Texas 2028 E Ben White Blvd, #240-1030 Austin TX, 78741 Delaware 16192 Coastal Highway, Lewes, Delaware 19958, United States Phone no / Fax : +1 888-502-0537 Email us: info@247medicalbillingservices.com Contact Us HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/