Your Medical Practice Cannot Afford To Get Insurance Verification Wrong
As practices well know, the medical billing process involves a few steps to getting paid. If you want to move forward with your patient’s treatment plan and see the fruits of your labor, the first of those crucial steps is insurance verification. Without it, you risk providing your healthcare services for free.
At Synergy Bill Pro, we strive to make the billing process simple for all medical practices. We’ll take care of each step, including the verification of your patient’s insurance coverage. That way, you can focus on your practice’s growth and healthcare delivery stress-free.
Why Is Insurance Verification Necessary?
Verifying insurance confirms your patient’s care will receive the insurer’s financial coverage without jumping through hoops. Medical establishments face claims denials all the time, usually from issues such as:
- Inactive insurance coverage
- Inaccurate patient information
- Coding mistakes and other complexities
At Synergy Bill Pro, our verification services give you complete peace of mind that your services will receive coverage. We also speed up the revenue process by reducing your practice’s average turnaround on accounts receivable.
Steps in the Insurance Verification Process Not To Miss
Insurance verification may seem straightforward, but that’s not the case for many well-meaning practices. The process requires front office staff and providers to get several steps right for reliable results, including the following:
- Verify the patient has active insurance
- Copy the patient’s insurance card
- Make phone calls for pre-authorization (appointments or services)
- Confirm real-time eligibility for specific services or emergency procedures
Sometimes, these simple steps can take several days or even weeks, depending on the insurance carrier, medical service, and medical practice. It slows down your cash flow and the patient’s care. Synergy Bill Pro’s help can speed up the verification process, streamline your operation, and improve patient satisfaction at the same time!
Dependable Insurance Eligibility Verification Services For Your Practice
The help of trusted professionals makes the insurance verification process much easier. With Synergy Bill Pro, we’ll expedite insurance verification to help you move along the revenue process. Outsourcing to our experienced team in this way ensures all of the information is correct and that your practice and patients receive the verification needed in a timely manner.
As a team well-versed in medical billing and coding, we’ve handled all kinds of discrepancies and understand the verification process inside and out. With us, your practice’s administrative needs are in good hands. Why not let us help you handle coverage verification and claims submission without all the fuss so that your medical practice can fulfill its potential?
Frequently Asked Questions About Insurance Verification
What Is Insurance Verification?
Insurance verification is the process of confirming a patient’s coverage, usually before receiving a healthcare service.
What Is an Insurance Verification Specialist?
An insurance verification specialist double-checks the status of a patient’s medical insurance, confirming the insurer will pay for their upcoming appointments or procedures.
What Are Some Potential Consequences of Failing To Verify Insurance?
Some potential consequences of failing to verify insurance coverage include a risk of an unpaid claim or your patient being unable to pay the bill.
