DME stands for Durable Medical Equipment. It’s equipment that is generally not able to be reused after one use, like walkers, wheelchairs, or prosthetic limbs. DME is very common in medical practices and can make a huge impact on the lives of your patients. However, these items come with a cost and you need to find the best billing services for DME to ensure you get paid fairly for the services you provide.
If your practice provides DME to your patients, you must find an accounting team that specializes in DME billing services. It is understandable how overwhelming it can be to manage all aspects of starting and operating a medical practice. That’s why this article has compiled some helpful information about finding the best DME billing services for your practice.
What To Look For In A DME Billing Service
As a provider of DME, you need to make sure your billing company is transparent, trustworthy, and efficient. You want to work with a team that is completely transparent when it comes to billing. Your practice should be able to see all charges associated with the billing process and know exactly what they are paying for. There should be no hidden fees or charges on top of the price of your DME.
Choosing The Right DME Billing Firm
Before you begin working with dme billing services, make sure you understand their process. It is also important to find out what other practices that are like yours are using for billing. When you know the ins and outs of the billing system, you’ll know what to expect during the billing process. It will also make it easier for you to coach your staff members through the billing process as well.
When And How To Use A DME Inventory Service
If you bill on a percentage-based fee, you may want to consider hiring an inventory company to manage your inventory. This ensures you only bill for the inventory that is actually in the office. Some practices use inventory services, while others don’t. You should talk to your billing company to find out if using an inventory service would be helpful to your particular practice.
What To Know About Durable Medical Equipment Billing
There are three key things to keep in mind when billing for DME such as understanding your charge rates, knowing how your billing company bills, and understanding Medicare reimbursement rates. Charge rates are the amount you charge for each item and the amount included on your DME bills.
Another way is the billing company will bill your patients but also send an invoice to your practice. Your practice will then send the invoice to your patients. Medicare is the federal agency that regulates the billing process and rates for DME.
Conclusion
Durable medical equipment can be a very helpful addition to medical practice. However, it can be difficult to keep track of the equipment and make sure it is available for patients when they need it. Many different billing services specialize in DME billing. It is important to find the best DME billing services for your practice.
When you find the best DME billing services, you can ensure that your patients receive the equipment they need. You can also make sure your practice is properly compensated for the DME you provide to your patients. Visit
