Your Partner for One-stops DME, HME Billing Solution
- Health Care
- Feb 26, 2020
- 2 min read
In the medical billing business, evaluating cash flow is not the only means that decide for a healthy healthcare revenue cycle management system. In fact, a proper revenue cycle management of a DME, HME billing is the understanding of the other important metrics that should be calculated and reviewed when evaluating their revenue cycle.
The American Academy of Family Practice (AAFP) association has classified five critical metrics in RCM that involves a successful healthy revenue generation for your HME, DME billing, which are:

Days in Accounts Receivable
Days in Accounts Receivable Greater Than 120 Days
Adjusted Collection Rate
Cost to collect – your total billing expenses as a percentage of revenue.
Denial Rate Average Reimbursement Rate
This is why when it comes to trusted outsourcing solutions for your DME HME billing services, Sunknowledge Services Inc is the perfect destination. Working for more than a decade, Sunknowledge Services Inc today provides end-to-end, comprehensive revenue cycle management solutions for all of these metrics, including, complete billing and collections services that too with the lowest service charge including:
Order entry (patients, providers, insurance, items, etc.)
Eligibility verification (both online as well as calling)
Prior authorization with patients calling and doctor’s office follow up for relevant documentation that needed for the process
Reauthorization
Order Confirmation
Scheduling of delivery
Post billing services:
Claims management
Rejection management
Payment posting auto (with and without audit as well as manual)
Account receivable follow-up
Account receivable and denial management
Our billing experts are not only well versed in all Medicaid state plans, managed care plans, government-funded programs, third-party insurance, and Medicare billing rules but also proficient in different billing software like Brightree, Team DME, Kareo, Futura and many more. Following industry-standard key performance metrics to measure success and integrate best practices so that all the clients can experience healthy cash flow, in the long run, our experts also ensure 80% operational cost reduction.
Other benefits which Sunknowledge offers for DME, HME billing:
Reduced AR backlogs
The highest first-pass collection rate
99.9% accuracy rate in all the billing and coding process
Code review and quality assurance
Improve the quality of care
Robust reporting according to clients requirement daily, weekly and can be even done monthly
No binding contract
100 satisfied clients with excellent industries references
$1 million Hiscox/Geico Insurance coverage for any errors of Omission & commission
Improve provider documentation
Reduce turnaround times
Enjoy more reliable data reporting
Communication with Physician’s office for additional medical documentation and clarification Continuous follow-up
So to experience a seamless DME, HME billing process, and a useful revenue generation, Sunknowledge experts are just a call away.
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