Today the medical billing outsourcing market is expected to expand at a CAGR of 12.66% from 2021 to 2028. Predicted to reach USD 25.9 billion by 2028, currently, the healthcare sector is witnessing a subsequent rise in the outsourcing of medical billing services mostly by hospitals and physicians. Primarily because of obligatory implementation of complex ICD-11 coding systems, increasing healthcare costs, and lack of skilled billers and certified coders – the healthcare market need a reliable destination.
Sunknowledge – a partner for your HME billing problems :
With clients all over the US, Sunknowledge for the past 15+ years is known for delivering customized solutions and improving ROI. By helping many healthcare practices in closing their HME billing gaps faster and efficiently, we can meet and beat any RCM organization.
In fact, partnering with us gives you additional benefits in areas like-
- Reduced expenses- eliminating all the unwanted expenditures like salaries, training, and benefit costs, software installation fee etc, Sunknowledge can save a lot of time and money. In terms of salaries, office infrastructure, purchasing, upgrading, and maintaining billing software, we cut down your operational cost by more than half a percent.
- Increased collections – maintaining all the checks and balances, we assure a 99.9 % precision rate. Guaranteeing a consistent cash flow and a better ROI, we aid you with a quicker collection rate of 97 %.
- Improved patient satisfaction- Keeping up with all the changes which can be time-consuming, Sunknowledge services not only save your time but also help you in staying focused on patient care.
- Assisting you with undivided attention, we ensure every step is correctly managed with timely claims submission, errors are identified, and denials are followed up rapidly for quick reimbursement. Providing you a complete reporting and better control over your medical billing processes, we eliminate major burnout.
Still, confused on how Sunknowledge Services Inc. can benefit your practices? Then call our experts over a ‘no commitment call’. With excellent industry references, we excel in creating and sustaining a more successful practice.