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Do you know Insurance eligibility verification in Healthcare? It is the most important and the first step in the medical billing process. We help to Increase cash collection, reduce billing errors and denials with our insurance eligibility verification services.
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Some Insurance Eligibility Verification Steps For Every Practice www.bikham.com
Insurance Eligibility Verification Create a Verification Checklist Get a Copy of the Patient's Insurance Card Contact the Insurance Provider Record Accurate Information Follow Up With Patient as Needed www.bikham.com
Create a Verification Checklist Insurance name, phone number, and claims address Insurance ID and group number Name of insured, as it isn't always the patient Relationship of the insurance to the patient Effective date of the policy End date for the policy Whether coverage is currently active www.bikham.com
Get a Copy of The Patient's Insurance Card Begin the process of collecting information by asking for a copy of new insurance information from the patient. It's a good idea to ask for a copy of the card even if the patient states that insurance hasn't changed. www.bikham.com
Contact The Insurance Provider Don't take information on cards at face value. Even a few weeks after a card is issued, insurance coverage may have changed or been discontinued. Contact the insurance company directly to ensure eligibility. www.bikham.com
Record Accurate Information The correct information regarding Insurance eligibility verification builds the foundation of the medical claim. Even a single data error may cause days or weeks of delay on payments, and even could go unpaid. Train your office staff to keep due care while transcribing information into the patient record. www.bikham.com
Follow Up With Patient as Needed Follow up with the patient about information regarding insurance eligibility verification. Inform patients of eligibility through a patient portal, email or online communication. Directly call the patient to let them know about co-pays or other issues. Immediately inform the patient about out-of-pocket expenses to increase the chance to collect those funds. www.bikham.com
Healthcare : +1 800-940-4943 healthcare@bikham.com Pannu Towers, C 2nd floor, Phase 7, Industrial area, Mohali, India10609 Tarton Field Circle Raleigh NC 27617 United States460 Jones Street, Ultimo NSW 2007 Australia www.bikham.com