According to the report of Market Research Engine, by the year 2024 the global medical billing service industry will surpass $16 billion in total. The global medical billing market especially DME, power mobility prosthetics and orthotics billing have grown unabated as ever-changing regulations and technology continue to renovate the healthcare industry worldwide continuously. The growth is mostly driven by rapidly changing healthcare regulations and a need for providers to decrease the in-house labor cost while increasing their revenue generation.
Reasons to Outsource Your Orthotics Billing:
Outsourcing your orthotics billing services will enable you a hassle-free customized billing solution without the need to hire, train, and retain billing staff. Eliminating the headache of arranging a replacement for temporary workers when in-house billers and coders are absent due to vacation or sickness outsourcing offers a continuity billing process even in the holidays without any delay. Savings a lot of money which would be used for dedicated space, storage, and equipment for in-house billing staff, outsourcing help healthcare save money in these financially turbulent times causing almost 20% less than it in-house. However, it also improves the healthcare provider's focus on more vital areas like patient care. Addressing and analyzing t the true cause of denied claims at your practice, outsourcing also ensure a cleaner claims submission by expert billers resulting in fewer denied claims
Sunknowledge Services: The Ultimate Orthotics Billing Option:
Freeing up your in-house staff so that they can focus on more important work like patient care, Sunknowledge Services Inc, a 2007 medical billing and collection company is the perfect one stop orthotics billing destination. Offering a complete operational transparency Sunknowledge Services have benefits like:
- 80% operational cost reduction
- Immediately increasing your collections by 80% within the first 30 days by getting your PRIOR AUTHORIZATION accurately approved by us
- 99.9% accuracy rate in the medical billing and coding process
- No cost dedicated account manager and robust reporting
- $1 million Hiscox/Geico Insurance coverage for any errors of Omission & commission
- No binding contracts with no hidden charges
Bearing all costs of transition during your migration from the old vendor, Sunknowledge Services offers a standalone/end to end billing activities only at $7 per hour. With the highest productivity metric, Sunknowledge is here to help you change your orthotics billing outcome with streamlined operation and financial upliftment.
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