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Reporting and Analytics for Continuous Improvement in Insurance Verification

Reporting and Analytics for Continuous Improvement in Insurance Verification

by Rajeev Rajagopal | Posted: Feb 16, 2024 | Insurance Verification and Authorizations

In the dynamic health insurance industry, optimizing efficiency in eligibility checks has become essential. Most healthcare providers rely on insurance verification services to ensure accuracy in patient eligibility checks. With constantly changing rules and...
The Importance of Human Expertise in Medical Billing

The Importance of Human Expertise in Medical Billing

by Meghann Drella | Posted: Feb 12, 2024 | Medical Billing

Automation has revolutionized almost every facet of life and work. The medical billing process is also undergoing a transformation with the integration of AI applications, resulting in increased speed, enhanced accuracy, and reduced risk of errors. However, despite...
Quality Assurance Measures for Medical Insurance Verification Services

Quality Assurance Measures for Medical Insurance Verification Services

by Julie Clements | Posted: Jan 31, 2024 | Insurance Verification and Authorizations

Verification of patient benefits before providing the services is a proactive measure that contributes to accurate billing, reduces financial risks for both the physician and the patient, and improves the overall efficiency of the medical billing process. Maintaining...
Best Practices for Ensuring Accurate Insurance Verification

Best Practices for Ensuring Accurate Insurance Verification

by Meghann Drella | Posted: Jan 30, 2024 | Insurance Verification and Authorizations

Did you know that unresolved claims denials result in an average annual loss of $5 million for hospitals and represents up to 5 percent of net patient revenue? While physicians concentrate on providing high-quality patient care, they need to establish effective...
HIPAA Compliance in Insurance Verification

HIPAA Compliance in Insurance Verification

by Rajeev Rajagopal | Posted: Jan 25, 2024 | Insurance Verification and Authorizations

HIPAA, short for the Health Insurance Portability and Accountability Act, comprises complex guidelines designed to safeguard the confidentiality of patients’ sensitive health information. You must ensure HIPAA compliance during the verification of patient benefits....
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