Handling healthcare claims and getting insurance companies to accurately disburse payments is a process that begins with verification of benefits (VOB). This first and crucial step in claims management involves more than simply co-pays and deductibles. Finding people who have experience with payer benefit systems can help round out your team, so you don’t have…
Insurance claim denials can be one of the most frustrating aspects of the billing cycle. Providers often don’t know exactly why a claim was denied, but the impact on your revenue cycle can be profound. Unfortunately, a large proportion of denied claims never get appealed, and the revenue they could have generated is simply lost.…
Offering comprehensive care to your patients while maintaining an efficient billing system can be a challenge. Processing patients’ insurance is often especially difficult. A single data entry error can result in weeks of delays to payment. Fortunately, at RevWerx, we’re here to help you with every step of your revenue cycle management. It all starts…
A patient comes into your office. Your front desk staff verifies their insurance and then sends them back for their appointment. A few weeks later, the patient receives their bill and calls your office furious. Their financial responsibility has come as a complete shock. If this series of events sounds unpleasantly familiar, you’re not alone.…
The healthcare claims management process can be a long and arduous one. An insurance claim often passes through many hands between the appointment itself and the final payment, and that can leave room for many errors. Improperly handled, this process will add more stress and strain to your staff’s workday, which can detract valuable time…
Many difficulties exist between insurance companies and healthcare providers. Beyond a doubt, this relationship should be seamless, ensuring the patient receives the care he or she needs. Yet, that is rarely what occurs. Instead, insurance claims management becomes difficult and complicated. To improve claims management, decide to work with a company specializing in it. Our…
There is a need to bill the insurance provider for patients for any health care or behavioral health care company. This process allows the insurance company, in a simplistic form, to provide payment to the provider for the care a patient receives. Before that can happen, a verification of benefits (VOB) process must be completed.…
Every behavioral health organization is passionate about helping its patients receive the very best level of care possible. You work hard to help your patients, but sometimes mistakes can lead to costly losses for your organization and your client. That’s why having RCM services in place to meet your needs is so important. Our healthcare…
