Today the pandemic has caused a sudden disruption in how healthcare practitioners and facilities operate. Especially with the labor shortage/limitation, healthcare practices are facing challenges in both the clinical work and administrative functions as well.
In a recent survey by the National Community Pharmacists Association, more than 9 in 10 pharmacies are having difficulties in keeping up with the surging demand for at-home COVID-19 tests.
And, 92.7 % complained of having a tough time sourcing enough at-home COVID-19 tests to meet demand.
In fact, today healthcare practices are dealing with more number of canceled appointments, added costs of PPE and other COVID-related costs. Additionally, more than 51% of providers are facing reduced revenue especially in their emergency lab billing or HRSA billing services due to billing disputes, new billing regulations, complex new Covid codes, HRSA billing guidelines for uninsured patients, and modified reimbursement policies and others
In fact, with the recent announcement of 8 free covid -19 home tests per month beginning this spring, healthcare providers are seen struggling to manage minimum return. With all these challenges and changes, healthcare practices are undergoing stress and confusing providers about their options.
The Sunknowledge approach:
Alleviating the administrative burden imposed on physicians and healthcare providers, Sunknowledge Services Inc an RCM organization with more than 15+ years of experience is here to help. Sunknowledge with a complete understanding of claims, new covid codes and HRSA guidelines is here resolving all your emergency lab billing, covid billing challenges and ensuring better ROI.
Taking care of the key steps involved – data entry, checking patient eligibility, coding, submitting patient information, submitting claims and receiving payment via direct deposit. Our experts have further worked on claims for uninsured individuals following HRSA COVID-19 Uninsured Program and ensured better collections. With excellent industry references, Sunknowledge works on all your billing needs.
Helping you reduce your operational cost by 70 %, we have the highest productivity metrics that no other RCM organization can meet or beat.
In fact, we guarantee a faster reimbursement with our strong pool of experienced billers and coders that understands how to handle with RT – PCR or Rapid Antigen billing.
So if you are confused with your emergency lab billing or HRSA billing or the continuous updates in covid billing are draining your staff and cash, we are here to help.
Prior Authorization News & updates