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Parakeet Medical Billing is a one-stop shop that offers comprehensive RCM support in DME billing services and ensures to give unmatched flexibility while delivering actionable support at the finest pricing standards.
We have a dedicated model of engagement to help you get services in two ways: stand-alone or end-to-end basis, which means there is no need to choose an integrated approach when it comes to making a selection from our services. Moreover, at Parakeet Medical Billing, we have a range of proficient teams for Practice Management or for managing DME in medical billing in the competitive environment.
DME is a Durable Medical Equipment, a therapeutic item prescribed by medical practitioners for patients suffering from a particular medical condition. Before obtaining this item, it is necessary to know the significance of the DME in medical billing. Otherwise, it would be hard for you to fulfill your medical necessities or needs at a reasonable cost.
Some of the best examples of Durable Medical Equipment are Nebulizers, CPAP, Kidney Machines, etc. With Durable Medical Equipment, patients can get therapeutic relief for a long time even if the condition is highly critical. Items which come under DME billing services are durable for an extended period of operations.
After coding the invoice or when the invoice gets coded, it is necessary to collect all the documents to continue with the procedure of Claims Submission. In case of insufficient knowledge of payer requirements or missing documents, one can experience higher rates of denial. To manage the front and back-end activities effectively, one can consider DME in medical billing because with this process, you will be able to get paid for a claim from the insurance. Plus, it ensures that the claim, which is submitted without any errors, helps you reduce denials, days in A/R (Accounts Receivable) and guarantees the improvement of cash flow.
Durable Medical Equipment in Medical Coding is a unique segment in which coders have a detailed knowledge of all the directory of codes, which are utilized under the DME billing. For instance, the HCPCS code for CPAP is E0601. Moreover, it translates the process and helps both providers and distributors track their billing in order to get claims faster.
Due to the unsteady dynamics of the regulatory standards with compliance, the DME (Durable Medical Equipment) is experiencing a rapid growth phase. Furthermore, home care will be in high demand due to the growing number of aging population, highest sleep apnea cases, and respiratory problems.
In this case, choosing a reliable partner is necessary because it will help you handle all your front office requirements and make it possible for you to create sales orders, complete the entry of patient demographics, and let you check all the documents based on eligibility.
Today, many providers choose the outsourcing option in DME billing because it is a wonderful technique to continue the work without worrying about staff shortages. When missing the DME Billing process, you can experience high operating expenses, low productivity, and operational disruptions due to a lack of trained resources. On the other hand, with Outsourcing DME Billing, one can easily reduce operating costs and generate value by focusing on the part of collections improvement.
At Parakeet Medical Billing, you can ensure the collection rate by 97% because we are the leading company that deals with stringent pre-billing services, including Eligibility, Prior DME Billing Authorization, Physician’s Office Follow-up, Order Entries, and Confirmation. We ensure to overcome your future issues if you face any claim denials or rejections in medical billing. Besides, we have many years of expertise in Order Processing Services. Below we have mentioned some key highlights to help you know about our DME Billing Services better.
The reason why you have a need to outsource your DME Billing is that at Parakeet Medical Billing, we offer customized support for both Pre & Post Billing Services and help you fulfill your RCM requirements with ease. In addition, we ensure versatility for all several and emerging practice management systems and help you get an expert team in just $7 / hour. Our reporting system is fully customized. Apart from this, our ability to reduce billing costs by 70% makes us one of the Best DME Billing Companies in the market.
We have unique proficiency in delivering services and items used in DMEPOS (Durable Medical Equipment Prosthetics Orthotics and Supplies) Space. From Power Mobility Products, CPAP Devices, Diabetic Supplies, Orthotics & Prosthetics Supplies to Enteral Nutrition, we’ve covered almost everything in our DME Billing Services. For more information, you can contact us today.
Being a 360-degree Revenue Cycle Management Company, we have robust security standards and strictly follow 100% HIPAA Compliance to deal with your PHI (Protected Health Information). Also, we follow ISO Certified standards and take care of encryption while exchanging any PHI information through emails. Other than this, we are a trustworthy company that ensures to give its 100% for DME Billing Services in healthcare.
We are experts in using all kinds of software from CPR+HME, Brightree, OPIE, including DMEWORKS, NikoHealth, TeamDME, and many more. Also, we can efficiently work with any client’s proprietary platform and gain a detailed understanding without charging an extra cost.
At Parakeet Medical Billing, we have a flexible approach with contractual delegations with a “no binding system”. Thus, if you want to start work with us, you can connect with our experts immediately and give us a chance to create a win-win statement for you with our DME Billing Services.
Put your trust in us. We perform task-specific pre/post RCM activities with unparalleled consistency in DME Medical Billing and help you improve your cash flow and address process bottlenecks that cost huge money.
If you want to know how we can help you bring a difference, you can schedule a quick call with our experts now.