Insurance Verification Services
Is inaccurate or incomplete insurance information causing revenue leakages in your medical practice? Manually sifting through multiple documents and cross-checking the information with the insurer and patients is a tedious process. Any error in the same causes claim denials or delayed payments. Tap into our expertise for prompt verification of benefits and accurately determine allowable reimbursements from patients or insurance. We tailor insurance verification services to boost your claim processing workflows, enabling improved financial performance.
Get a QuoteOutsource Insurance Verification Services to the Expert
We have over 24 years of experience in managing medical insurance eligibility verification for healthcare specialties worldwide. This includes cardiology, oncology, neurology, emergency medicine, and more. We assist healthcare practices and organizations in streamlining and optimizing the often complex and time-consuming processes of verifying patient insurance coverage. Our approach is founded on our carefully selected team of professionals proficient in the latest verification procedures, advanced tools, and global best practices.
Our service relies on a methodical process to ensure accurate insurance verification. We gather comprehensive patient information, including demographics, insurance details, and relevant medical history. The next step is meticulous verification of the extent of a patient’s insurance coverage eligibility to minimize the chances of claim denials. This involves confirming copayments, deductibles, coinsurance, referrals, and any pre-authorizations required before starting any medical procedure. We scrutinize for discrepancies and document verification outcomes.
A multi-tiered approach guarantees error-free processing. Experts review applications for mistakes, validate information, and quality checks ensure accuracy. This comprehensive approach catches and corrects errors, delivering ready-to-submit applications.
Our Comprehensive Insurance Verification Services
The Invensis Advantage for Revenue Cycle Management Services
As an HIPAA-compliant outsourced revenue cycle management company, we have over 24 years of experience delivering healthcare revenue cycle management services to US-based health care practices. We have helped our clients adopt best practices, including prioritizing patient care, investing in advanced technology, collecting patient payments upfront, ensuring accurate charge capture, and timely claims filing. Over the years, we have seamlessly integrated people, processes, and technology to adapt to evolving legislation and industry needs. As a result, our RCM management services have helped our clients to eliminate waste, enhance efficiency, and receive comprehensive, value-based support. Our expertise has led to significant success for our clients, including a 20% reduction in claim denials and a 30% increase in collection rates. Outsource revenue cycle management services to us and reap the maximum benefits of back office support services.
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