Ensure Timely and Accurate Vascular Surgery Insurance Verification

Reduce Claim Denials with Comprehensive Eligibility Verifications
  • Verification during appointment scheduling
  • Dedicated manager
  • Flexible pricing with no start-up fees or long-term contracts
  • Customized solutions
Call: (800) 670-2809
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Ensure Seamless Vascular Care with Comprehensive Insurance Verifications

Ensure Seamless Vascular Care with Comprehensive Insurance Verifications

Vascular surgeons treat a range of heart and circulation conditions. Verifying insurance coverage is critical for complex, expensive vascular procedures.

Outsource Strategies International (OSI) provides insurance verification and authorization services to support vascular care delivery. We confirm patient demographics, coverage details, pre-authorizations, and billing requirements to ensure proper reimbursement.

Out team:

  • Thoroughly verifies all insurance details, including patient demographics, policy coverage, benefits, deductibles, and authorization requirements.
  • Contacts insurance providers directly to confirm all coverage details
  • Confirms that all necessary pre-authorizations, referrals, and other compliance requirements are met.

Save time and focus on your patients as we handle your insurance verification task!

Partner with OSI and optimize your insurance verification process!

Reduce claim denials, save staff time, improve patient satisfaction, and improve cash flow!

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Complete Revenue Cycle Management for Your Vascular Surgery Practice

We provide end-to-end RCM support:

Insurance Verifications

Whether it’s vein surgery, nerve studies, stent surgery or any other vascular procedure, we will verify coverage well before the date of service. This allows you to calculate service costs, and inform patients about their financial responsibilities. Checking coverage upfront reduces the chances of surprise bills, improving patient satisfaction.

Coding

Our comprehensive insurance verification process helps identify the specific codes that are covered under the patient’s plan. This allows our expert coding team to assign the appropriate CPT and ICD-10 codes for all components of vascular surgery, such as diagnostic tests, surgical interventions, and post-operative care.

Authorizations

Insurance companies require prior authorization for many vascular procedures, with the patient’s benefit plan specifics varying by state. After identifying preauth requirements during eligibility verifications, our team initiates the process to secure timely approvals and prevent delays in care.

AR Follow Up

Our insurance verification process lays the foundation of a smooth AR follow-up process. We track the status of each claim, monitoring for any denials or delays in reimbursement. This proactive monitoring allows us to identify and address issues quickly, optimizing revenue cycle management.

Maximize Your Vascular Surgery Practice’s Revenue Potential

There are many aspects that make our insurance eligibility verification process unique.

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Real-time verification via calls

In addition to checking payer portals, our team calls up the insurance company to verify patient eligibility. This helps verify coverage for complex vascular surgery.
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Open communication

Our team maintains open communication and collaboration with insurance companies, expediting verification processes. Transparent communication helps resolve any issues efficiently, leading to timely approvals.
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Expertise

OSI has years of experience in the field. Our insurance verification specialists are knowledgeable about the policies of commercial and government payers.
With our unique strengths, we are well-positioned to support accurate billing and enhance your revenue potential.

How Our Vascular Surgery Insurance Verification Services are Priced

Full-time Equivalent Billing (FTE):

In FTE billing services are billed based on the equivalent cost of a full-time employee (FTE) for a specified duration, which is usually a fixed monthly or annual fee. This is ideal for high volume verifications. The services will be priced based on:

  • Volume of verifications
  • Desired turnaround time

Per Verification Billing:

Here, you pay a set fee for every individual insurance verification performed. You only pay for the services you actually utilize. Pricing will depend on:

  • Amount of information that needs to be verified (e.g., eligibility, benefits, prior authorization)
  • Complexity of the process

FTE/Per Verification Billing:

This is a hybrid or blended approach that combines features of both FTE and per-verification pricing. You enjoy the benefits of a fixed-cost FTE arrangement while also having the flexibility to pay per-verification when verification volumes fluctuate.

FTE/Per Verification Billing and AR is only FTE. We are also considering a blended model for AR.

Our Health Insurance Eligibility Verification Process

Insurance Eligibility Verification Process

Collecting patient information

Demographic data and insurance information are collected when patients schedule an appointment or arrive for a visit. We set up a dedicated file for each patient, creating an easily accessible centralized repository.

Performing verification

The patient’s coverage and benefits are checked by calling the insurance company or via their online portal. Details checked include: insurance policy status, exclusions or limitations, the benefits that are payable, co-insurance, co-pays, deductibles, pre-authorizations and referrals, insurance caps, type of Medicare coverage, DME coverage, and out-of-network benefits.

Documentation

The verified information is entered in the patient’s file, making it easily accessible to the billing department.

Communicating with the patient

Our staff educates patients on their benefits information and financial responsibilities such as coinsurance, co-pays and deductibles.

Initiating prior authorization

If the patient requires a vascular surgery service that has preauthorization requirements, we submit the documentation for approval to the insurance company in a timely manner.

Updating the billing system

We update your practice’s billing system with the insurance information.

Benefits of Outsourcing Insurance Verification to OSI

  • Dedicated team of verification specialists
  • Cost savings of 30-40%
  • Stringent QA processes
  • Regular reporting
  • HIPAA-compliance
Benefits of Outsourcing Insurance Verification to OSI

Speak to our Expert about Your Insurance Verification Needs!

Get a Free Insurance Verification Consultation! Get Tailored Solutions!

Call: (800) 670-2809

FAQs

What do your insurance verification services cover?

Our support includes eligibility checks, benefit verifications, prior authorization requests, and claims status monitoring. We work closely with vascular surgery practices to tailor our services to meet their specific needs.

What is your average turnaround time for insurance verifications?

Our standard turnaround time for insurance verifications is 1-2 business days. However, we can expedite the process when faced with situations that require faster response times.

Can you integrate your services with our practice management system?

Yes, of course. We can ensure seamless integration with all major practice management and electronic health record (EHR) systems. This facilitates efficient exchange of patient and insurance data.

Do you offer any additional services besides insurance verification?

WE are full-fledged medical billing and coding company serving all medical specialties. We provide comprehensive accounts receivable (AR) follow-up support, including claim status tracking, patient financial counseling, and collections assistance.