The business of O&P requires companies to operate as efficiently as possible while streamlining workflows, improving collections, managing inventory and reducing AR. Oftentimes providers are using multiple systems to complete business functions requiring more manual effort resulting in higher costs. Here are some things you may want to look for when evaluating the right software for your business.
What DME suppliers should pay attention to is DME coding. Faulty DME coding can affect your DME billing system. For example, if you don’t get reliable DME coding, your customers’ insurance company may deny or reject your payment claims.
It’s a good practice for healthcare providers to have a central repository of patient electronic medical records (EMR) to coordinate with other healthcare networks and providers. EMR is essential, as it allows caregivers to keep and track a patient’s health history across multiple clinical settings. The EMR system also facilitates the creation of shareable medical data.
Healthcare providers, from small family practices to large hospital systems, can’t effectively treat patients if their own processes and procedures are bloated, blocked, or otherwise unsound. In order to prevent this and ensure their financial health, organizations must practice solid healthcare revenue cycle management.
Home healthcare is one of the USA’s fastest-growing and most affluent industries. You’ll learn how to improve your home care business in this article. In addition, you’ll learn how to exploit home care business software.
Several challenges are likely to present themselves to the industry as well, and HME/DME suppliers should be prepared for this upcoming endurance test. In this article, we will look at the five biggest challenges that the healthcare industry will face in 2023, and how to overcome them.
The durable medical equipment supply industry is growing rapidly. But success in this field has been elusive for many DME/HME businesses because making it in this sector requires in-depth industry knowledge. Having been in the market for decades, the information we share about how to succeed in the DME industry is based on our struggles and successes.
Online shopping trends now show that speed of delivery is a significant consideration for up to 77% of shoppers. So, the 5-7 business day delivery is no longer feasible. In this article, we explain how to shorten the delivery process and period for your home care business.
The coronavirus pandemic is a wake-up call to governments and healthcare systems regarding emergency preparedness. What can business in the healthcare industry do from his side?
If you work in the home/durable medical equipment industry, you know that it’s important to have a smooth workflow that can ensure reliable supply and predictable patient outcomes. The best way to achieve this is to perfect your process and automate it as much as possible.
