According to the recent VGM report, the Competitive Bidding Implementation Contractor asks bidders to substantiate their bids within 14 of November. With a detailed explanation of how they arrived at their bid amount, including product cost, indirect costs, anticipated utilization of non-lead items and desired profit. Even supporting documentation, including invoices, receipts, letters of intent from manufacturers and wholesalers, manufacturer price lists and signed written quotes are requested to be submitted. Any failure in doing so or any information that does not support the bid will only result in disqualification. Keeping a track of the latest updates, all healthcare providers’ need is a perfect operational extension.
Sunknowledge Services: the perfect operational extension support for your HME billing:
With the updated information of the medical billing world, in-depth specialized knowledge of all HCPCS Level II codes etc, Sunknowledge Services Inc is the perfect HME billing solution. A 2007 medical billing and Collection Company Sunknowledge Services Inc, today with complete operational transparency is working with many leading names in the industry. Leaving you to worry less about security issues Sunknowledge is a complete 100% HIPAA and HITECH compliance organization. In fact, partnering with Sunknowledge will help you achieve the highest collection first pass collection rate of 97% and 80% operational cost reduction. Focusing on managing data, prior authorization, claims and denial management Sunknowledge experts ensure 99.9% accuracy rate in all its billing and coding processes.
Immediately increasing your collections by 80% within the first 30 days by getting your prior authorization accurately approved by us, we also help healthcare providers with seamless operation.
With experience proficient staff handling all major practice management/ billing software like Brightree, Team DME, Futura and many more, we also have the ability to offer assistance in any client proprietary platform. Offering a standalone/end to end HME billing services, our range of services includes:
- Order entry (patients, providers, insurance, items, etc)
- Eligibility verification (both online, calling)
- Prior authorization with patients calling and doctor’s office follow up for relevant documentation that needed for the process
- Re- authorization
- 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 management and denial management
Still worried about your HME billing? Then get in touch with our Sunknowledge experts over a ‘no commitment call’, and let our experts help with your entire complex HME billing requirement with a streamlined operation and revenue generation.