Preferred Medical Billing Services LLC
Revenue Cycle & Account Management Services
YOUR MEDICAL BILLING EXPERTS
We care about our clients and your patients!
Eligibility Verification
Get your claims accepted on the first submission!
Improper insurance eligibility verification directly impacts your practice's reimbursements. We update the software with eligibility, verification details (member ID, group ID, coverage period, co-pay, deductible, and co-insurance), authorization, max limits, and OOP max with accumulations. Our dedication to insurance eligibility verification delivers a thorough verification, thereby aiding a dramatic reduction of your account receivables and being PROactive prior to the patient's initial session.
While Insurance Eligibility Verification is a vital process that guarantees they will cover the service rendered, it is also considered a tedious task that takes a lot of time and effort. However, if you feel you have a current loophole in your office with your insurance verification process, it might be ideal to outsource your insurance eligibility verification process to an experienced team. Let's discuss why outsourcing your insurance verification services to Preferred Medical Billing Services LLC is an excellent choice to make.
We have the required knowledge and skillsets that will assist you with streamlining the process. We have the most recent updates from the insurance policies, and processing policies thereby minimizing unnecessary delays. We are skilled in ascertaining prior authorization requirements (if needed), following up with the insurance company for any authorization issues and we submit cleaner claims which thus increases revenue flow.
When we provide the updated insurance eligibility information, it is easy for your practice to discuss it with the patient if the service will be covered under their policy or not, and if there is any cost associated.
Preferred Medical Billing Services LLC will provide the following insurance eligibility verification process to reduce denials and enhance your practice's revenue flow.
- Thorough verification of Insurance Eligibility and Benefit (coverage) details.
- Patient Cost-Share
- Obtain Prior-authorization/Pre-certifications
- Document verification details into the billing system
- Checking claims for missing or erroneous data and updating the same.
Using Preferred Medical Billing Services LLC for your insurance eligibility entitles you to unperturbed service, assuring faster turnaround time with accurate claims processing ratio leading to increased revenue!
Preferred Medical Billing Services LLC is one of the pioneering billing companies that promises to avoid the risks involved with denials due to incorrect insurance eligibility and benefits. With 17+ years of experience in the industry, we have been providing end-to-end revenue cycle management services seamlessly to our clients. To know more about Preferred Medical Billing Services LLC call us at (919) 237-9080 today!