We Understand The Challenges DME Providers Face

DME providers face unique challenges in billing and collections that can significantly impact their financial stability.
With our expertise and advanced billing technology, we directly address these critical issues to improve overall revenue performance.

Book A Discovery Call

Billing Requirements

Compliance in DME industry requires knowledge of payer policies along with understanding of requirements

Complicated Documentation

DME billing requires detailed documentation like prescriptions, Certificates of Medical Necessity and prior authorizations

Specialized Coding

The DME industry demands specific coding expertise for equipment ranging from wheelchairs to oxygen devices

Lack of Real-Time Reporting

Without access to real-time reporting tools, DME providers may struggle to monitor their financial performance.

We Understand the Challenges DME Providers Face

At OneMed Billing, we know that DME providers face unique challenges in billing and Revenue Cycle Management (RCM), which can affect their financial stability. With our expertise and advanced billing technology, we tackle these issues directly, improving your overall revenue performance.

Complex Billing and Regulatory Requirements

Compliance in the DME industry requires knowledge of Medicare, Medicaid, and private payer policies, along with understanding the requirements for DME-specific billing codes like HCPCS. Our experienced team ensures that your business remains compliant and up to date with the latest regulations.

Complicated Documentation Processes

DME billing often requires detailed documentation, including prescriptions, Certificates of Medical Necessity (CMNs), and prior authorizations. We streamline the entire process, ensuring that all necessary paperwork is submitted promptly, reducing the chances of claim denials.

Specialized Coding Knowledge

The DME industry demands specific coding expertise for equipment ranging from wheelchairs to oxygen devices. Our certified coders have in-depth experience with HCPCS, ICD-10, and other relevant codes, ensuring accurate claims submission.

Lack of Real-Time Reporting

Without access to real-time reporting, DME providers may struggle to monitor their financial performance. OneMed Billing offers detailed analytics and reporting, giving you the insights needed to optimize your revenue cycle and track key financial metrics.

OneMed's Ultimate Benefits for DME Providers

Outsourcing your DME billing to OneMed can help you manage complex billing operations more efficiently while boosting cash flow and reducing overhead. This allows you to focus more on patient care and growing your business. Our experienced team ensures accuracy and compliance, helping you maximize revenue and streamline your operations.

Here’s how OneMed elevates your billing experience:

Timely claim submission
Real-time reporting
Error-free billing
Increased Accounts Receivable (AR) collection
Maximized reimbursements
24/7 customer support
Scalable services tailored to your business
Enhanced compliance with industry standards

Track Your DME Business's Important KPI Metrics

AR days

AR days represent how long it takes to receive payment for your claims. In the DME industry, AR days often range from 30 to 90. Tracking this helps you understand the efficiency of your revenue cycle.

Denial Rate

The denial rate is the percentage of claims rejected by payers. Keeping this metric low is crucial for maintaining cash flow. We help by reducing errors in claim submissions and proactively managing denials.

Net Collection Rate

This metric indicates how much of your billed amount you’re actually collecting after contractual adjustments and write-offs. A high net collection rate means you’re recovering most of what you’re owed.

Clean Claim Rate

Your clean claim rate measures the percentage of claims submitted without errors. A higher clean claim rate ensures faster payments and fewer denials, which means better cash flow.