Lessen Delays and Improve Patient Service with Insurance Verification Software
Insurance policies are complex and it can be difficult to ascertain what type of coverage a patient has. Especially, since insurance companies are constantly making changes to their health plans.
To make sure a patient is adequately covered or can afford to pay for a service, it’s important to verify insurance eligibility quickly. A delay in determining coverage introduces the risk of claim denials in the future. When a claim is denied, it automatically increases the chance of a provider not being paid for services.
Benefits of Being Able to Do Fast Eligibility Checks
With fast, accurate insurance eligibility checks, you’ll immediately improve many things, including:
- Cash flow
- Billing cycles
- Retroactive reviews
- The number of accounts that are turned-over unnecessarily to collection agencies
- Claims processing
- Productivity of registration and patient access staff
- Claims denial rates
- Much more
Remain Focused on Your Patients
Just as important to the financial side of insurance eligibility verification, is the effect on patients. When seeking services, a delay in registration or treatment will likely lead to patient dissatisfaction at the very least. In an increasingly patient-centric world, this is something to seriously consider.
maxRTE does far more than claim scrubber software. It’s uncomplicated medical eligibility verification software that’s quick and uncomplicated to use. It accurately informs you upfront what the patient’s benefits are.
No matter your type or size of healthcare organization, chances are that maxRTE is already connected directly into all of your payer systems, which eliminates painful login procedures throughout the day, assures you of accurate patient eligibility and, of course, drastically increases payment collections and improves patient satisfaction.