ASP-RCM Solutions offers an end-to-end modern and innovative Order to Cash billing solution to identify and reduce inefficiencies in the DMEPOS billing processes and attain the Optimal cost savings, while accelerating revenue and Collections.
DME Billing
Complete End-to-End Order to Cash DMEPOS billing Services
HCPCS Level II coding review, Order Entry & Billing, Payment Reconciliation and Accounts Receivable services
The U.S. durable medical equipment market size was valued at USD 56.3 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030.
DMEPOS billing is different from other specialty types of Revenue Cycle because it requires comprehensive, specialized knowledge of HCPCS Level II codes
Our seasoned billers and coders have extensive experience and expertise in DMEPOS billing, we also understand the DME compliance, medical policy requirements.
Our modern transformation for DMEPOS billing with heightened analytics, Workflow tools, and eAppeal Management on denied claims not only grow your collections, but they give you actionable understandings, and restructure both upward prebilling process before delivering the products.
Our DME billing services include:
- Eligibility Verification & Prior Authorization of products
- Patient Demographics Entry
- Order Entry
- HCPCS Level II Coding & Modifiers
- Claims Submission
- Payment Posting & Reconciliation
- Accounts Receivable & Denial Management
- Credit Balance Resolutio
Core Benefits of ASP-RCM Solutions DME billing service
97%
Net Collection Rate
35 Days
AR Days reduction
Industry lower Denial Trend
Seasoned in Rental Order Billing
What our Customers benefit from?
Comprehensive Order Entry
We streamline the Order Entry process ensuring the CMS mandate paperwork and get paid fast. Our automated workflow tool enables for a quick touchpoints with sales rep on solving any outstanding paperwork will accelerate the lag days between date of product dispense and date of Order billing
Preauthorize your Orders – Avoid Revenue leakage
Our Electronic Prior Authorization process builds Efficiency & Compliance to Health Plans. It Streamline and control all clinical and operational aspects of Prior Authorizations. Our Prior authorization process helps Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) suppliers ensure that applicable Medicare coverage, payment, and coding rules are met before DMEPOS items are delivered
Streamlined one-touch claims
We avoid redundancies in touching the orders for billing, our one touch efficient billing process will ensure the automated eClaims route through clearing house for accelerated payments from Payers
Payment Posting Reconciliation
Our billing and collections process streamlines the Payment Posting and provides comprehensive visibility on automated & manual posting of cash with daily deposits.
Identify the underpayment or over payment orders to mitigate collection risk
Revenue cycle Accelerated Cash
Our Robust designed Revenue Cycle work queues in our AI based workflow modules provides real-time assessment outstanding AR and helps ensure visibility and staff efficiency with dynamic, interactive queues with Denials, one touch resolutions and Appeal managements
Seamless Customer Support – Patient Centric
ASP-RCM Patient Co-Ordinator services play a vital role in increasing product awareness for a DME healthcare provider. We address each patient’s concerns and issues, aiming to provide solutions with a positive patient experience, which increases patient satisfaction index
Patient Focused tools
Our patient invoicing automated process offer a more simplified format for the patient to understand their out of pocket without comprehensive statement module. This process improve the probability of adherence and payment cycle by recommending a patient experience that’s continuous, instinctive
Business reporting & insights
ASP-RCM Offers wide range and customized analytics and reporting Dashboards and revenue acceleration modules to oversee and manage every aspect of your business, including billing, inventory, Shrinkage, Collections , AR and patient experience