BC Advantage - 2018 Issue 5

Saving Time and Money with Automated Insurance Eligibility Verification

The healthcare revenue cycle contains multiple potential pinch points for the parties involved: patients don’t enjoy dealing with insurance companies and have trouble understanding their benefits, and they especially hate being responsible for surprise medical costs that aren’t covered by their insurance plan. Healthcare providers compete in a challenging landscape and struggle with managing overhead and minimizing bad debt due to outstanding account balances. Fortunately, software is available to minimize the pain of these pinch points. When practices automate insurance eligibility verification, they save time and money. When patients then visit these healthcare organizations, they will know...

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