Abolish the Challenges in DME Billing

The US durable medical equipment market size was valued at $ 63.14 billion (about $190 per person in the US) in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.63 % from 2024 to 2030. The market demand is driven mainly due to rising geriatric population and their susceptibility to chronic diseases and disability. For instance, as per America’s health annual report in 2023, 43 % of the US population was suffering from one or more chronic illnesses in 2022. As a result, the DME market is showcasing a trend towards patient-convenience while maintaining a seamless operation. On the other hand, rising costs in labor and surging overhead expenses are emerging as serious threats to business fortunes for Durable medical equipment ( DME) suppliers. Hence, running a seamless DME billing process emerges as a multifaceted puzzle in this scenario.  A seamless operational extension is always helpful to drive your ROI and terminate your challenges in DME billing.

How an Extension of DME Billing Partner Drives Growth

  • Professional billers focus exclusively on filing claims with their comprehensive knowledge and expertise. They take the burden of billing from you and your staff so you can focus on your core competencies.

  • Crafting accurate and timely documentation for Durable Medical Equipment (DME) billing is easy when you have a support team of expert billers and coders.

  • DME billing process encompasses sensitive data transition to avoid claim fraud and unnecessary information. An outsourced operational billing partner maintains complete HIPAA compliance. Hence, it ensures stringent data security as well.

  • Reducing errors is one of the primary aims when invoicing for DMEs. Rather than getting frequent claim denials and clogged billing pipelines, an outsourced team will provide you with an automated workflow with their advanced technology and expertise.

  • Presently, a lot of companies are struggling to reduce their overhead expenses. Outsourcing helps you to manage your inventory and DSOs a lot better.

Sunknowledge Excellence in DME Billing Services

As DME providers scale their business and find new sources of revenue, they come to know that the current market is a lot different than it was a few years ago. The ever-changing industry demands up-to-date metrics and analysis while maintaining the quality of service.

Sunknowledge Inc has been relentlessly working towards the revenue growth of DME providers for more than a decade now. With great references from the biggest players within the industry, the company is putting their holistic efforts from pre billing to post billing services in DME.

At just $7 per hour, you will have a team of experts in DME billing who are there for you 24 /7. Optimization of the billing process, securing proper reimbursements and financial growth are all necessary for your DME business. Entrusting medical billing outsourcing company is great if you want to drive your ROI and Sunknowledge will help you gain control over the finances through their integral approach towards DME billing.