This pandemic has completely changed the way we will be looking at our everyday lives. As we find social distancing becoming the new way of living a healthy life, the healthcare industry is quite apprehensive about how it will be protecting its workers from getting infected by this deadly virus.
As markets open up all across the world, it is critical for you as a DME (durable medical equipment) provider, to look for the low hanging fruits, invest wisely and take note of all the drivers, restraints, and challenges across the competitive landscape.
There is already an acute demand for medical supplies, devices in the respiratory segment all around the United States. There is still a lot of confusion on how CMS will be looking for provisions on how providers will be delivering items to COVID infected homes or likewise. One of the biggest worries is always to protect your staff and any further disruptions with your delivery system.
Finding a team that helps you manage your inventories, reduce process gaps in delivering the order by getting all the documents on time with PA’s, eligibility checks will be a great asset. It can help you improve your financial accounts and help you remain flexible with your resources even at this time of serious economic downturn.
Do you Have Enough Staff to do The Heavy Lifting Work?
One of the biggest challenges ahead for any DME (durable medical equipment) provider is to have resources that can help in managing all your practice management demands in the best possible manner. Someone that has the precise understanding of all that you need to do with transparency in front end work with DME prior authorization, helping you make money by reducing denials and improving you’re A/R collections in the longer run.
It becomes imperative for a provider, to explore possibilities of finding a specialized team that can handle all the pre-billing work and offers the right foundation for an improved RCM experience. What more can you ask for in these crisis times?
A reliable team in operations can help you in eliminating all the challenges that you face and reduce your operational costs by 70% even at these hours of crisis by offering a specialized intervention.
Consistency in DME Prior Authorization is The Key
If you are serious in making your mark felt in the competitive landscape, investing in a pool of DME prior authorization experts can be a huge advantage at this point in time. Today, the DMEPOS industry is facing it all like never before.
With CMS undertaking plans under the CARES act or even the recent Advanced & Accelerated payment program, you need to make sure that you are compliant and have the right priorities in place without any disruptions in your daily billing efforts.
In the end, outsourcing all your billing worries to a competent DME (durable medical equipment) RCM partner who has the experience and unique ability to reduce your operational costs will be a great addition. It might actually help you earn dividends and stay ahead of the curve.
