Learn the key steps to implement a successful DME billing strategy that can help you maximize reimbursements.
DME billing can be challenging, but a proper billing strategy can make a significant difference in reimbursements. Here are some key steps to implement the correct billing strategy:
Verify patient eligibility before providing the equipment. Make sure to gather all necessary information, including the patient's insurance coverage and benefits.
Verify Eligibility:
Assigning accurate codes for DME equipment is critical for proper billing. Ensure the codes are current and match the equipment provided to avoid claim rejections and denials.
Accurate Coding:
Proper documentation of patient medical records, prescription, and DME order is essential to support the claims. Ensure that all documentation meets the payer's requirements.
Proper Documentation:
Submitting claims on time is crucial for timely reimbursements. Have a system in place to file claims promptly and address any issues that may arise.
Timely Filing:
Follow-up with the payer to ensure timely processing and payment of claims. Address any discrepancies or issues with the payer and resubmit claims if necessary.
Follow-Up:
Maximize your DME reimbursements with the correct billing strategy.
Need help with your DME billing? Contact Info Hub Consultancy Services(ICS) for expert assistance.