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Outsource strategies International

Call: (800) 670 2809

Insurance Verifications and Outsourcing: Simplified Workflow

Authorizations

Insurance verifications and authorizations comprise an important part of the insurance claims cycle. Many healthcare professionals cannot find time to attend to these vital tasks, especially when they are caught up in other core activities. In the absence of accurate insurance eligibility verification, countless problems arise including delayed payments, increased errors, rework, patient dissatisfaction and nonpayment. Outsourcing firms can help in this scenario with dedicated and timely services that will help simplify workflow. Outsourcing

medical

insurance

verification will not only reduce the workload of physicians but also make their practices more efficient. Today, there are several outsourcing companies that allow healthcare facilities to benefit from insurance eligibility verification specialists. These professionals can handle all aspects of insurance benefit verification and insurance authorizations,

thus

relieving

medical

professionals

from

related

administrative responsibilities. This gives physicians enough time to cater to the needs of their patients and focus more on core business activities.

Maximize Reimbursement and Minimize Denials Known also as health insurance verification specialist, an insurance verifier works with patients, completes paperwork, and verifies patient Insurance Authorizations


Outsource strategies International

Call: (800) 670 2809

information with the insurance carrier to maximize reimbursement and facilitate revenue cycle improvement. The service provided includes verification of payable benefits, co-pays, co-insurances, deductibles, patient policy status, effective date, type of plan and coverage details; plan exclusions, claims mailing address, referrals and pre-authorizations, life time maximum, and more. A medical billing company with long term experience in the field will work as an extension to its client’s office, making its services available round the clock. In addition to lessening the workload of healthcare staff, outsourcing insurance verifications and authorizations offers other concrete benefits which include: •

Streamlines business operations

Reduces risk factors

Simplifies workflow

• Fewer claim rejections •

Reduces paperwork

• Co-ordinates all requests and communication with insurance companies regarding pending or missing requests • Would let you maintain your authorization records electronically • Faster billing cycles •

Reduces payment delays

Reduces the number of denied claims

Considerable increase in productivity

Frees up workforce to focus on more productive tasks Insurance Authorizations


Outsource strategies International

Call: (800) 670 2809

Improves payment and collections

Speeds up approval and authorization

Maximizes office efficiency and economies of scale

Allows you to check the status of your application online

Professional Medical Billing Company for Prompt Service Medical entities should ensure that they request insurance verification services only from professional companies in the field. Only a reliable company can help in meeting various complex insurance verifications and authorizations demands promptly. Once the reliability of the service provider has been confirmed, just inform them about your requirements and provide them with the required clinical documents, and you can be assured that the authorizations would come to you without any hassles. Medical professionals get to enjoy simplified workflow and tremendous stress relief with the major insurance verification and authorization processes streamlined.

Contact Details MOS Outsource strategies International 8596 E. 101st Street, Suite H Tulsa, OK 74133 Phone: (800) 670 2809 URL: http://www.outsourcestrategies.com/

Insurance Authorizations

Insurance Verifications and Authorizations Outsourcing: Simplified Workflow  

Insurance verifications and authorizations are very important with regard to obtaining timely reimbursement. Outsourcing companies provide a...

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