One-Stop Solution For Revenue Cycle Management Services

Verification Of Patient Benefits Mobile

Patient Eligibility and Benefits Verification Services

Accurate patient eligibility and benefits verification services are really important for a healthcare business to get paid without trouble. Practolytics has a strong system for checking patients’ insurance before giving them care.

Here are the main points:

Many claims are denied because of wrong patient insurance information: about 35%.

We have a smart way that makes checking insurance 60% faster.

We connect directly to insurance companies for correct benefit details.

This helps reduce the number of claims that are denied and get paid quicker.

Our skilled team keeps insurance info up to date, so there are fewer billing problems and happier patients.

This all means better money flow and a more efficient healthcare practice. Eligibility verification and benefits verification are pivotal as they decide the payment source—whether insurance or out-of-pocket for the patients—and avoid unnecessary confusion.

Patient Eligibility and Benefits Verification Process

The process of patient eligibility and benefits verification checks if the patient’s insurance can pay for your medical care before you get treated. Practolytics has a service that handles this part quickly and well.

Setting up right expectations with allowable reimbursements

Here’s how it works in a few easy steps:

Setting up right expectations with allowable reimbursements

We talk to the medical insurance companies right away to make sure you're covered.

We find out what your insurance will pay for and how much you'll have to pay yourself, like co-pays.

We check if there are any rules or limits on the services you need.

Then, we put all this important info into your doctor's computer system.

This benefits everyone—clinics see 90% fewer insurance issues and 40% fewer post-visit errors. Our goal is to ensure patients understand their costs and doctors are paid accurately, keeping everything smooth and stress-free. With Practolytics, navigating insurance eligibility verification becomes quick and easy.

Best Practices for Effective Verification

Implementing best practices for checking if someone can get paid for health services (Eligibility Verification Services) is crucial for quick reimbursements and smoother business operations. Practolytics provides top-notch services to help you do this job really well and fast.

Patient doctor relations must not be hampered

Here’s what we suggest:

Check insurance details 2 days before patients come in to catch any issues early.

Use real-time tools that connect directly with insurance companies to check info automatically.

Double-check everything to make sure the patient's plan covers what you offer and how much they'll pay.

Connect these tools with the systems you already use for managing patients and appointments (EMRs/PMS) so you don't have to do the same work twice.

Did you know? 89 out of 100 times, checking eligibility properly and quickly can stop claims from being denied just because of these issues.

By following these simple steps, you can make sure your healthcare business runs more efficiently and gets paid without hassle. Streamline your eligibility management services now!

Patient doctor relations must not be hampered

Benefits of Eligibility Verification and Benefits Verification Services

Investing in eligibility verification services helps businesses get money more consistently. It makes sure there are fewer mistakes and keeps customers happy.

Increase Revenue with Accurate Verification
Increase Revenue with Accurate Verification

Get Money Faster: Knowing if a service is covered beforehand helps you get paid quicker.

Fewer Times the Insurance Says No: A computer checks if a service is covered before you do it, so there are fewer ``no's`` after you ask for payment.

Better Customer Experience: Customers are happier when they know what they'll have to pay before they get the service.

Less Work for Your Team: Your staff doesn't have to spend as much time checking things manually.

Good data helps money flow: Many payment problems come from wrong information about who can get what. Getting this right saves a lot of money.

By using Practolytics-aided Insurance Eligibility Verification Services, you can make sure more of your work gets paid and your customers are happier, which is important for making your business run smoothly.

Why Choose Practolytics for Patient Eligibility and Benefits Verification Services

Practolytics offers a full package of EVBV services to ensure you get paid right and on time. When you join hands with us for patient verification services, you get a bunch of pros who know the ins and outs of the insurance world. They use clever tools and smart tech to make everything work smoothly.

Why Choose Practolytics for Patient Eligibility and Benefits Verification Services

Why pick Practolytics?

They work all day, every day, for you.

They fit right in with the systems you already use.

They give you special boards to keep an eye on everything live.

They talk directly to the best insurance companies without any middlemen.

This makes a big difference. Our friends who work with us say they spend 40% less time dealing with insurance stuff at the front desk. Plus, in just 3 months, they see 25% fewer problems with claims because of eligibility.

Why Choose Practolytics for Patient Eligibility and Benefits Verification Services

Customer stories

Practolytics has been invaluable to our practice since October 2022. Their expertise in coding guidance and provider audits has given us more confidence in the way we operate. Their team is not only knowledgeable but also incredibly supportive providing clear and concise guidance tailored to our specific needs. Their compliance audits have been thorough and insightful, helping us to identify areas for improvement that could prevent financial losses while also providing opportunities for further provider training. I highly recommend their service to anyone looking to enhance their billing and coding practices.

Carol Raugust – Practice Manager Platinum Hospitalists

Customer Stories

I have been a very satisfied client with Practolytics for nearly 5 years now. As you would expect, they are collecting the money that we have worked so hard for. We like the fact that they share our passion for data. We both approach our common issue i.e., how to collect money from a data centric viewpoint, and this drives improvement. The team is always willing to listen to us and make changes if necessary. Through the years we have asked for help with various office activities from credentialing to prior authorizations to procurement of outside medical records. Yes, these were add on-services, but outsourcing these activities to their team has been a winning solution that has intertwined the billing team into the success of our practice. These add ons have been a good value for us too. Lastly, we have easy access to one of the principal partners on the billing team, and the response time has always been excellent. Thank you! Practolytics!

Guy Lerner – MD Specialist in Pain Care, Kentucky

Customer Stories

We have been working with Manik and the rest of his team since August 2015. At that time, we were a clinic in need of guidance, in terms of credentialing, understanding the claims process and optimizing the use of the technology and stabilizing cash-flow. The team as a whole spent many hours upfront working to get everything moving smoothly and also developing relationships with most insurance companies. Manik’s hard work & dedication paid off as our practice more than tripled in visits, and we no longer had to tell the patients that we aren’t in the network. This more than anything has allowed us great patient flow and continued steady growth.

Robert Gass – Owner Care Physical Therapy, New York

Customer stories

We are a solo orthopedic practice in North Carolina and our relationship with Practolytics started in June 2015. They have staff members who are always willing to help. They work very hard to make us happy and I appreciate all that they do on a daily basis. They take out the worry of getting payments and always follow up with insurance companies. I found the customer service to be unsurpassed. All phone calls are returned and our questions are answered in a thorough and timely manner. The monthly reports are easy to read and provide a quick assessment of the health of the practice, including the company’s account receivables. When I need advice or am unsure of something, it gives me comfort to know that they are just a phone call away. Switching to Practolytics was truly one of the best decisions that I have made for our practice. I truly look forward to a longtime relationship with the staff at Practolytics.

Rekha Parikh – Administrator Orthopedic Solutions & Sports Medicine Center, North Carolina

Customer Stories

I started a new practice approximately 5 years ago. I have used Practolytics for my billing services over this entire period. I have also used them for integration of collections, adding new providers and DME. They have been excellent and are also part of the reason why I am so successful. They are very knowledgeable about billing. I not only see patients in clinic but also at the hospital and nursing home and also do surgical procedures in and out of the office. I have been very impressed with their level of skill and knowledge. They also do very good on communication. I would highly recommend them for any of your billing needs.

Dr. Nicole Cupp – MD Advanced Podiatry of Bartlesville

Customer Stories

Dr. Scott Schlauder
Rekha Parikh
Dr. Nicole Cupp

Get in Touch for Seamless Eligibility Verification

    FAQs about Eligibility and Benefits Verification

    Why is eligibility verification important in healthcare?

    Eligibility verification makes sure the patient’s insurance covers the service you’re about to give. It helps avoid claim problems and unexpected costs for patients.

    When should eligibility and benefits be verified?

    It’s best to check this 2 to 3 days before the patient’s appointment or treatment. You’ll need their name, birth date, insurance number, who the service provider is, and what kind of treatment is planned.

    What information is required to verify eligibility?

    Patient name, date of birth, insurance ID, provider details, and scheduled service type are typically needed.

    What happens if a patient is not eligible on the day of service?

    If there’s an issue, you might need to change the appointment time or talk about other ways for them to pay. Practolytics can give your team a heads-up so you can handle it smoothly.

    How can eligibility verification services reduce administrative work for my staff?

    Using our automated tool makes your job easier by reducing calls to insurers and improving how fast and well your front desk works by 30 to 40%.

    Can eligibility services be integrated with EMRs or practice management systems?

    Yes, Practolytics works well with the big EMR and PMS systems for easy checking and keeping records.

    What are the common challenges with manual eligibility verification?

    Doing this by hand can lead to mistakes, take a lot of time, and might mean you don’t get paid on time or have to deal with claim issues.

    What should I do if a patient is found ineligible right before a procedure?

    Let the patient know if there’s a problem, see if they can pay in cash, and call the insurance company to sort it out.

    Is there a way to view eligibility results directly in the EMR?

    Yes, Practolytics shows you the eligibility info right in your EMR or PMS system.

    Can staff be alerted to discrepancies in patient coverage in advance?

    Our system finds any issues and tells your staff before the patient comes in, so you can fix it in time.

    Does eligibility verification help reduce patient billing issues post-visit?

    Having the right data means patients only get billed for what they need to pay, which helps you get paid and keeps them satisfied with your service.

    Resources

    credentialing Healthy Workforce
    Ensuring a Healthy Workforce: Practolytics’ Expert Medical Credentialing for Occupational Medicine Practices

    Practolytics streamlines credentialing for occupational medicine, ensuring compliance, faster onboarding, and a healthier, more productive workforce.

    Raising Revenue Efficiency in Vascular Surgery by Using Matching Action's Medical Billing services
    Raising Revenue Efficiency in Vascular Surgery by Using Matching Action’s Medical Billing services

    vascular surgery billing with Practolytics. Reduce claim denials, ensure compliance, and improve cash flow with expert RCM solutions.

    Streamlining Revenue for Neurosurgery - Medical Billing Services
    Streamlining Revenue for Neurosurgery – Medical Billing Services

    Neurosurgery billing is complex—Practolytics streamlines coding, claims, and revenue management, reducing denials and administrative burdens for neurosurgeons.