Durable Medical Equipment Billing Archives

22 Nov 23

Medical Coding in DME Revenue Cycle Management: Best Practices for Streamlining Workflow, Increasing Accuracy, and Minimizing Denials

In the realm of Durable Medical Equipment (DME) suppliers, efficient and accurate medical coding is a cornerstone of effective Revenue Cycle Management (RCM). Mastering medical coding practices can significantly enhance your organization’s cash flow by mitigating claim denials, optimizing reimbursement rates, and streamlining financial processes. At Wonder Worth Solutions, our…

26 Oct 23

Improving Financial Outcomes: The Power of Informed Decision-Making for Medical Equipment Suppliers

In today’s data-driven world, effective decision-making is becoming increasingly reliant on the intelligent use of data and analytics. For Medical Equipment Suppliers who bill insurance in the US, harnessing the power of data to optimize Medical Coding, DME credentialing, and Insurance Contracting processes can prove to be a game-changer when…

19 Sep 23

Optimizing Insurance Contracting for DME Suppliers: Strategies for Successful Negotiations

In a competitive healthcare landscape, Durable Medical Equipment (DME) suppliers rely on successful insurance contracting to maintain a steady revenue stream and ensure the financial viability of their organizations. As a full-service Revenue Cycle Management firm dedicated to serving ancillary providers across the country, Wonder Worth Solutions understands the unique…

11 May 23

Importance of Durable Medical Equipment Licensing Requirements

Durable medical equipment (DME) is a term used to describe a range of medical equipment used to treat and manage medical conditions. Examples of DME include wheelchairs, hospital beds, oxygen equipment, and walkers. While DME is a critical component of healthcare, it is also highly regulated by state and federal…

23 Feb 23

Navigating Durable Medical Equipment Billing Problems

Durable medical equipment (DME) is a significant component of healthcare. It is used in a variety of settings, including hospitals, clinics, and homes. DME can alleviate the discomfort and improve mobility for patients, often significantly improving their quality of life. However, DME is a complex and expensive piece of medical…

June 2, 2022
Martin Jacob
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DME needs to be treated in the same way as other pharmaceutical products.

November 26, 2018
Martin Jacob
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How DME Companies can thrive in tough times? Several years ago, durable medical equipment competitive bidding was instituted by Medicare and the impact has been dramatic. Competitive bidding was so disruptive to the healthcare market that over 40 percent of DMEs are no longer in existence. Many smaller DMEs…

November 21, 2018
Martin Jacob
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Durable Medical Equipment, Prosthetics,Orthotics, and Supplies Medicare Competitive Bidding Program: Temporary Gap Period Unless you’re a healthcare worker using durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) or are a home healthcare company, you probably have no idea what Medicare’s DMEPOS Competitive Bidding Program (CBP) is or how it affects…

November 14, 2018
Martin Jacob
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Every year 14 November is marked as the World Diabetes Day. As we prepare to celebrate World Diabetes Day in November, ask what you can do to raise awareness, to get diabetics supplies and other related consumables to patients who find their lifeline cut off or disrupted as refuges and displaced…

12 Nov 18

How CMS Payment Rules Have Changed For DMEPOS From July 2014 Till Date

CMS proposed a number of payment policies to durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) from July 2014 till date. Here’s the historical payment rules of each year. CMS Proposed Polices and Payments rates for End-Stage Renal Disease providers for CY 2015 On July 2, 2014, the Centers for…

Durable Medical Equipment Billing

Medical Coding in DME Revenue Cycle Management: Best Practices for Streamlining Workflow, Increasing Accuracy, and Minimizing Denials

Improving Financial Outcomes: The Power of Informed Decision-Making for Medical Equipment Suppliers

Optimizing Insurance Contracting for DME Suppliers: Strategies for Successful Negotiations

Importance of Durable Medical Equipment Licensing Requirements

Navigating Durable Medical Equipment Billing Problems

How does the top DME companies make the right decisions on product selection and inventory levels in a landscape that is changing every day

Eight Ways DME Companies Can Thrive in Tough Times

DMEPOS Medicare Competitive Bidding Temporary Gap Period Lapses

World Diabetes Day 2018: Caring For Your Diabetes Supplies

How CMS Payment Rules Have Changed For DMEPOS From July 2014 Till Date

Collaborative Approaches: Fostering Communication Between Payers and Providers for Denial Resolution

Embracing the future: Anticipating and overcoming denial management challenges

The Ultimate Guide to DME Credentialing and Insurance Contracting for Ancillary Providers

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