Learn more about how instantvob® can improve your patient insurance eligibility verification process here.
Learn more about the benefits that instantvob®’s services and insurance verification training manual in this comprehensive guide.
What Is Coverage Discovery? Coverage discovery is the process of finding out if someone is eligible for insurance coverage. It helps people understand what expenses their insurance will cover in the long run and what they must pay themselves. In this way, it helps patients plan their medical care and avoid unexpected costs.1 Why is […]
Advantages of Having Insurance Verification Systems Having an insurance verification system set up not only provides greater accuracy for handling payments but also allows you to optimize your existing processes and procedures. Some of its advantages for both employers and customers alike will be detailed below. Streamlined Patient Onboarding Process When a patient first comes […]
What is Medicare? Medicare is a federal health insurance program in the United States. This insurance serves individuals 65 years or older, certain younger people with disabilities, and people with End-Stage Renal Disease (ESRD) or Amyotrophic Lateral Sclerosis (ALS, also known as Lou Gehrig’s disease).1 Medicare was established in 1965 as part of the Social […]
What Is Automated Insurance Verification? Automated insurance verification is a technological solution that simplifies verifying insurance coverage for medical services. It eliminates the need for manual verification, which can be time-consuming and prone to errors. By automating this process, healthcare providers can quickly and accurately determine whether a patient’s insurance plan covers a specific medical […]
What Are the Eligibility Requirements for Benefits Verification? Benefits verification is crucial for healthcare providers to ensure patients are eligible for coverage before providing medical services. Eligibility and benefits verification issues account for 27% of denied claims.1 Understanding the eligibility requirements simplifies the process and prevents billing issues. Some of the key requirements for eligibility […]
What Is an Insurance Verification API? An insurance verification API is a tool healthcare providers can use to verify a patient’s coverage quickly. By integrating it into their systems, healthcare providers can access insurance information, such as: With patient administration costs accounting for a staggering 34% of total healthcare spending in the US, the need […]
What Are the Benefits of Using Health Insurance Verification Platforms? Using health insurance verification platforms can bring several benefits to your practice. This technology can simplify the process of verifying insurance coverage for your patients. The result is improved patient care and smooth operations. As of 2021, over 27 million adults in the US do […]
From Outdated to Innovative: Why Traditional Approaches Miss the Mark Without Healthcare Software Without healthcare software, healthcare providers face challenges that make it harder to care for patients and manage their work efficiently. Let’s look at these problems: Limited Access to Patient Information Without healthcare software, it’s difficult to get all the important information about […]
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