Outsource your Insurance Verification Services - PowerPoint PPT Presentation

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Outsource your Insurance Verification Services

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Get hassle-free insurance verification services from an experienced medical billing and coding team of LogistixMD. Our team is well versed with up-to-date policies and procedures that are adopted by various providers of insurance service. – PowerPoint PPT presentation

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Title: Outsource your Insurance Verification Services


1
Outsource your Insurance Verification Services
2
  • Insurance verification is one of the primary and
    most crucial steps in medical billing. If not
    done properly, this could cause a severe loss in
    profits. Insurance companies will delay or deny
    medical claims for lack of adequate or incorrect
    information and improper coverage details
    provided by the patients. Often, due to the
    inefficiency of the administration office the
    insurance verification process is not adequately
    carried out.

3
  • For quick and efficient medical claim payments
    by the insurance companies, you need an
    experienced medical billing and coding team that
    keeps abreast of the latest amendments and
    updates in the health plans and policies.
    However, hiring trained and experienced medical
    coders can prove costly for medical practices.
    Therefore, the best recourse is to outsource the
    insurance verification services to a professional
    firm.

4
  • We at LogistixMD help accelerate the pace of
    recovery from the insurance companies. Our
    trained personnel are adept with the insurance
    formalities and offer reliable insurance
    verification services.

5
  • Our professional and experienced medical coders
    are well versed with the policies, processes and
    procedures adopted by different insurance service
    providers. We have designed a comprehensive
    medical insurance eligibility process that can
    quickly ascertain the eligibility criteria and
    help the physician complete the insurance
    formalities quickly to get full recovery from the
    insurance companies in record time.

6
  • Many insurance claims get rejected or delayed
    due to lack of adequate paper work and documents.
    At LogistixMD, our team scrutinizes the documents
    and ensures that every document required in the
    checklist by the insurance provider is duly
    completed.

7
  • Next, we check the insurance coverage of the
    patient. For this, we go through the insurance
    portals as well as inquire with the primary and
    secondary payers.

8
  • To ensure that charges are duly recovered from
    the insurance provider, we check and seek the
    missing information and documents from the
    patient immediately. All the vital information
    such as the member ID, Group ID, the insurance
    coverage period, etc. is mentioned when we submit
    the patients documents to the carrier. This
    greatly reduces the denials from the insurance
    providers and youll be able to see improved
    profits.

9
  • This streamlines the insurance processes and
    ensures that the revenue hits your account
    quickly. Thus, with the gestation period for
    claim acceptance and adjudication greatly
    reduced, you will witness improved cash flow.
    Also, since the insurance process becomes hassle
    free for your patients, it will improve their
    satisfaction.

10
  • Accuracy and turnaround time for the
    verification process are crucial as these factors
    decide how soon the medical claim is settled.
    With our team of high experienced professionals,
    LogistixMD clients can rest assured of a nearly
    error free verification process.

11
  • Plus, our team is adept in using all kinds of
    medical software, tools and technologies. Coupled
    with our robust infrastructure, LogistixMD can
    provide you with reliable, accurate and quick
    insurance verification services at the most
    competitive prices.

12
  • If you are looking for a hassle-free insurance
    verification experience that leaves you ample
    time to take care of better patient care and
    improved revenues, LogistixMD is your best bet!
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