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most of the claims are denied or delayed because of inadequate or incorrect coverage data given by the patients amid visits and also because the current coverage has not been updated by the in-house clinic staff. https://goo.gl/wPwdTt
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Handbook a mini for a INSURANCE VERIFICATION SERVICES
Introduction Insurance verification and eligibility authorization process are the most critical and the initial phase in the medical billing and income cycle. Due to such lack of information regarding the patient’s insurance verification, doctor’s tend to lose on reimbursements. Insurance Verification Specialistscome into play and offer our valued services to get the job done for the doctor’s facility www. insuranceverificationspecialist.com Toll Free 866-767-7019
A Mini Handbook - Explained! Improved Collections, while Reducing Write-offs Minimize the Delays and Denials Drastically Denial Management Help the Doctor’s Office in Reducing the Overall Revenue Cycle www. insuranceverificationspecialist.com Toll Free 866-767-7019
Treading towards Eligibility Authorization Service • An Appropriate Verification www. insuranceverificationspecialist.com Toll Free 866-767-7019
Treading towards Pre-Authorization Service • Mentioning the appropriate • Patient name, MRN, DOS, Insurance, DOB, Insurance ID Group, Insurance Plan Type, Patient effective dt, Patient Termination dt, In Network/Out of Network, Referral Valid Dates, Authorization/referrals, Co-pay, Deductions, Co-insurance, Out of pocket expenses, Insurance Representative Name, Call Reference No, Date Verified www. insuranceverificationspecialist.com Toll Free 866-767-7019
Treading towards a smoother DME Billing • Analyzing the Reasons for Denial www. insuranceverificationspecialist.com Toll Free 866-767-7019
Checklist for an Error-Free billing Ensure incomplete prescriptions are followed upfor Documents to be collected (diabetic verification forms, LMN, CMN etc.) Real time transaction audits and clean-up Conduct primary & secondary insurance verification as also for rentals Obtaining & extending authorization Claims submission within 48 hours of receiving proof of delivery Rejection follow-up within 24 hours Tracking and follow-up of partial or incorrect payments Strategize proactive AR follow-up Customizedreporting www. insuranceverificationspecialist.com Toll Free 866-767-7019
About Us A long experience and thorough knowledge of the Pre-Authorization Service process IVS has been successful in streamlining the revenue cycle management. Our services have enabled 35% savings for our clients and have reduced their AR days to 21. Our 16+ years of experience gives leverage ensuring our efforts turn into your profit. Take a look at the mini Handbook HERE Contact Us cservice@insuranceverificationspecialist.com www. insuranceverificationspecialist.com Toll Free 866-767-7019