NEW YORK, March 19, 2020 /PRNewswire-PRWeb/ -- Healthcare Providers are going to face shortage of staff in the coming days in a volatile market place! High rates of employment, growing burden on profits and revenue, declining mode of Medicare payments, lack of skilled resources and rising volumes in billing are improving the scope of the medical billing industry.
The US medical billing outsourcing market justifiably is expected to maintain a CAGR of 11% and reach $8 billion by 2026. A redundancy / disaster management plan is going to be important for healthcare providers right from extending care as well as managing everyday medical billing mandates.
Sunknowledge as a healthcare services company has made a useful presence in the medical billing landscape by working with prominent payers and providers across the country over the last decade.
A key member of their leadership team observed, "We offer a reliable redundancy/ disaster management plan for our clients. Setting benchmark by offering state of the art solutions in front/ back end medical billing to top names across the healthcare space, we extend a redundancy plan with an experienced team of medical billers offering dedicated support , customized reporting best practices. Sunknowledge ensures HIPAA compliance standards and deliver support with consistency and trust. We can deliver you support during an operational standstill."
The company also has been involved in AR & collections related activities for several hospitals that include reaching out to insurance payers regarding status of submitted claims and following up on denials, under payments and appeals.
They are helping major insurance companies in claims adjudication services for hospitals, nursing homes, long term care, physician practices and Home Medical Equipment providers. Sunknowledge intends to continue assistance in resource migration activities to meet their client's project deadlines during any crisis.
For Media Inquiries, Contact -
Director of Business Development
Sunknowledge Services Inc.
Contact Number: +1-646-661-7853
Email Id: Ronnie.Hastings(at)sunknowledge.com
SOURCE Sunknowledge Services Inc.