How to Maintain Synergy in Your DME Billing Efforts?
The market for Durable Medical Equipment is now valued at more than USD 5.9 billion and is predicted to increase at a compound annual growth rate (CAGR) of 6.0 percent during the forecast period. The demand for the DME billing industry nowadays has largely led to the factors such as: An elderly population is on the rise. There has been a significant increase in the number of persons suffering from sleep apnea and respiratory ailments. Injuries, particularly those resulting from sports injuries, etc . There is a clear divergence in the billing procedure for DME treatments and other therapeutic services. Some of the most serious challenges that any DME service faces are those that are not covered by Medicare, Medicaid, or any commercial health insurance plan. While physicians have the prerogative of prescription DMEs as a crucial component of therapy, they must provide a severe cause for doing so, as well as proper verification of the same with a medical need. Many people tend to fi