A 3-Step Financial Strategy Focusing To Maximize Your DME Revenue
                     A 3-STEP FINANCIAL STRATEGY FOCUSING TO MAXIMIZE 
YOUR DME REVENUE
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A 3-STEP FINANCIAL STRATEGY FOCUSING TO MAXIMIZE 
YOUR DME REVENUE
Any DME supplier will always strive to increase revenue while 
decreasing the day’s sales outstanding.
According to Grand View Research, the durable medical equipment 
(DME) market will grow from $53.6 billion in 2021 to $92.8 billion in 
2030. Because of the COVID-19 pandemic and the shift in healthcare 
toward a hospital-to-home model, the DME industry will be one of 
the fastest-growing markets. Even as the US population ages, there 
will be an increase in demand for a wide range of home medical 
equipment products, from oxygen to incontinence and mobility 
products. 
All of this will fuel the demand for DME items and products.Suppliers 
are now looking to improve their patient loyalty and satisfaction 
program in order to accelerate the ROI to the best proportions. Low 
payments, as well as changes in Medicare and Medicaid regulations, 
are all posing significant challenges.
More patients are now paying out of pocket or are unsure how much 
they owe. As a DME supplier, the last thing you want is to have your 
payments denied after working tirelessly to get the device to the 
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patient’s door.
A 3-STEP FINANCIAL STRATEGY FOCUSING TO MAXIMIZE 
YOUR DME REVENUE
The need of the hour is to know about the three-step financial 
strategy to maximize your DME revenue. Let’s have a quick look 
at these steps in detail-
Step 1: Before Providing Insurance, ensure that it is Valid
You can improve your charge-to-collection ratio by verifying and validating 
insurance a day or two before the scheduled insurance appointment.
Step 2: On-Time Collection of Service Fees
As a result, once the equipment has been provided, you must ensure that the 
co-insurance and co-pays, as well as any past dues and projected 
deductibles, are collected. 
Step 3: Performance Measurement and Data Collection
One can determine whether or not the alignment is accurate by using 
technology such as monitoring and reporting metrics.
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A 3-STEP FINANCIAL STRATEGY FOCUSING TO MAXIMIZE 
YOUR DME REVENUE
Outsource DME Billing Services to 24/7 Medical Billing 
Services – You’re Making the Right Decision!
You can make your DME services more efficient by planning and 
possibly even outsourcing the DME billing and claims management 
process, allowing for a much more effective A/R collection process. 
You must ensure that reimbursements are flowing in order to 
maintain a profitable RCM process.
You can use the above steps effectively if you outsource DME billing 
and coding operations to reputable 24/7 Medical Billing Services. Our 
medical billing services specialists are available round-the-clock to 
assist you in improving your DME billing and coding efficiency.
Contact our medical billing services at +1 888-502-0537 for 
assistance in improving the efficiency of your DME billing and coding. 
It is our responsibility to handle your DME billing procedures!
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A 3-STEP FINANCIAL STRATEGY FOCUSING TO MAXIMIZE 
YOUR DME REVENUE
About 24/7 Medical Billing Services:
24/7 Medical Billing Services is the nation’s leading medical billing 
service provider catering services to more than 42+ specialties across 
the entire 50 states. You can rely on us for end-to-end revenue cycle 
management. We guarantee up to 10-20% increase in the revenue 
with cost reduction of your practice for up to 50%. 
Call us today at 888-502-0537 to know more on how we can help 
boost profitability for your practice.
Media Contact:
24/7 Medical Billing Services,
Ohio:
28405 Osborn Road, Cleveland, OH 44140
Georgia:
3001 Greenfield Drive, Marietta GA 30068
Tel: + 1 -888-502-0537
Email - [email protected]
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