Ways to Speed up Your Claims Process.docx

Looking to speed up your claims process? Check out our page for practical tips and tricks that can help you streamline your claims process and get your payments faster.

1. Ways to Speed up Your Claims Process
Successfully processing a medical claim is the only way DME businesses can be paid. A DME
business must tend to critical aspects such as the recording of documents in addition to
regular business functions. The DME also needs to allocate resources for staff trained in the
medical billing process. An MSN report says that 53 percent of US consumers have taken on
new medical debt due to the pandemic. This makes it critical for DME businesses to submit
claims accurately. It is also essential for the DME business to conduct due diligence,
especially when orders are initially accepted, to ensure correct information is noted and
processed at the time of the claim application. Here are some ways to help your DME
business speed up claim processing to ensure timely payments:
1. Review Claim Applications 
For all DME/HME, clean claim submission is essential! It is imperative to maintain high
accuracy. This comes from clean and accurate order details, accessible via documents
submitted at the time of order. Yet, errors can slip in, contributing to delayed claim
applications. Switching to software-based medical billing may seem like an easy solution,
especially given the convenience of automatic reviews and error correction. However,
software must be optimized to produce relevant results. This may include the need to hire
trained resources and invest in regular upgrades as well as technology updates. 
Action item: Software requirements must be addressed, keeping in mind business needs.
Boilerplate solutions may not work, leading to redundant infrastructure. Consider obtaining
professional assistance instead of determining which software could work best for your
business. 
2. Ensure deadlines are followed 
Claim submission must follow timelines. Submitting a claim on time is integral to successful
collection. Delaying claim submission can cause providers to delay payment, leading to
delayed collections for the DME business. 
Action item:  Reaching out to medical billing services professionals can help businesses
access expertise that can ensure timely filling out claim applications. This can also reduce
the administrative burden on the in-house staff, helping them stay focused on existing
business needs. 

2. 3. Streamline billing operations
Electronic submissions can help speed up claim processing. However, setting up in-house
systems can prove very costly for the DME. Yet, the benefits of electronic claim submission
are multiple: 
Timely and accurate recording and retrieval of patient documents
Critical information that includes prior authorization, insurance eligibility
verification, details on insurance in-network equipment providers, and more
Electronic document retrieval, since it is speedier and more accurate in cases where
specific information is required
Action item: Engaging professional assistance can be cost-effective because the outsourcing
partner already has the resources infrastructure in place. The DME business does not need
to invest capital in commencing with the medical billing services process. It can
also outsource insurance claim processing, as it is part of time-consuming tasks and requires
closer attention.
Next Steps 
A DME partnership can provide the proper assistance and expertise to manage
DME/HME billing requirements reliably so that business profitability receives a
boost. Learn more about our medical billing
at https://analytixhealthcaresolutions.com/ 
Email us at [email protected] or call 781.503.9008 for a free session. 
Follow our blog for industry trends and the latest updates. 
Engage with us on LinkedIn and Twitter.