by Keith Kuhn | Apr 26, 2022 | Industry
You don’t need a crystal ball to see changes on the horizon in the business of durable medical equipment (DME). While we’re not here to predict the future, we can point out some current and developing trends we’re watching right now in the world of DME. What’s...
by Keith Kuhn | Apr 16, 2022 | Industry
Accounts receivable. It’s a term that can send shivers down the spine of anyone who dreads collecting payments from their customers or vendors. But you can make the horror of AR disappear—as well as reduce your AR costs—when you find the right solution. What are the...
by Keith Kuhn | Apr 15, 2022 | Industry
Perhaps the most frustrating challenge for businesses to overcome is getting their clients to pay their bills. The endless phone calls, messages, and emails often lead to nowhere while cash flow gets squeezed tighter and tighter. Durable medical equipment suppliers...
by Keith Kuhn | Apr 14, 2022 | Industry
Everybody loves a good acronym. ASAP. UFO. IOU. OMG. DIY. LOL. At Medbill, our favorite is DME. But what is a DME, exactly, and who qualifies as a DME provider? Are there unique restrictions or requirements for billing for DMEs? What’s the best way to bill for DMEs? ...
by Keith Kuhn | Mar 31, 2022 | Reimbursement
One of the most common measurements in determining a business’s profitability is ROI. Return on investment is a fundamental accounting principle that helps companies project whether their investments will result in a gain or a loss. It’s essential for any healthy...