CPAP and BIPAP Billing is a time-consuming and difficult task. According to a survey conducted by the Medical Group Management Association, the main revenue cycle issues are claims reimbursement and revenue cycle concerns. For instance:
• rejections
• prior authorization
• personnel issues
Furthermore, CPAP and BIPAP billing has been introduced into a completely new environment in the current scenario. They must deal with new challenges like:
• Regulatory
• Financial
• Organizational
Outsourcing CPAP/BIPAP billing to Sunknowledge makes sense for a range of reasons, counting the ones mentioned below.
Advanced control and monitoring
By outsourcing your CPAP/BIPAP billing services, you will gain more control over your processes. The systems can be closely controlled because they are well-structured.
By regularly training and tracking dedicated outsourced billing workers, you can be sure to provide consistent output. This leads to improved operational efficiency and cost savings.
Enhances cash flow
CPAP and BIPAP billing are plagued by a slew of issues, including:
• Falling collections
• Billing errors
• A lack of staff
All of which, if ignored, could jeopardize the businesses. Setting up an in-house billing team would deplete your cash flow because you’d have to pay for
• Recruiting
• Training
• Salaries
• Taxes
Outsourcing to Sunknowledge eliminates the necessity to expend in either of these areas, hence lowering costs.
You’ll also have access to the following:
• A world-class IT infrastructure
• Cutting-edge technology
• Industry-leading talent
Outsourcing lowers costs and eliminates headaches for a fraction of the price of doing it in-house.
Emphasizing patient satisfaction
Your in-house staff will become overworked and lack efficiency as they manage the complex CPAP and BIPAP billing processes. Sunknowledge can help you improve patient satisfaction and strengthen patient-provider relationships.
We provide full assistance to patients 24 hours a day, seven days a week, and promptly respond to their billing-related questions. Our team of professional medical billers and coders ensures that our clients receive consistent high-quality care.
Greater adaptability
Sunknowledge, a HIPAA-compliant, ISO-certified medical billing firm, ensures the highest levels of integrity and data security for patient health information safety by outsourcing medical billing (PHI). We encourage a compliance culture that
• Reduces medical errors
• Improves patient satisfaction
• Boosts operational efficiency
As a team of skilled medical billers keeps track of market trends, it also keeps you up to date on changing regulatory landscapes.
Value-based care
The business prospects for CPAP/BIPAP billing are expected to improve in the current scenario. Sunknowledge can help you:
• Provide better value-based care
• Build stronger customer relationships
• Increase your profit margins
With the right services and an expert medical billing team, you can expand your referral base.
Sunknowledge assists the healthcare companies in identifying and implementing standardized and optimized medical billing systems for CPAP and BIPAP billing. We offer a wide range of medical billing services that can be customized to create a fully streamlined end-to-end solution.
We make sure to follow a stringent process on:
• Billing
• Coding
• Collection
Thanks to our experienced billers and coders, we can guarantee a 99.9% accuracy rate, as well as the highest productivity metrics in the industry. Our experts’ constant AR follow-up provides the collection rate of 80% of claims older than 90 days. As a result, our client’s cash flow is more efficient, and the risk of CPAP/BIPAP billing and coding errors is reduced.
Why should you have faith in Sunknowledge?
Even in these emergencies, we are providing the highest productivity at the lowest pricing in the market to all of our clients. Unlike any other RCM vendor in the healthcare space, our team can assist remotely during pandemics.
So, if you’re looking for a streamlined medical billing RCM company that can handle all of your CPAP/BIPAP billing needs. At the same time making sure of a smooth cash flow, we’re the perfect fit.
