Insurance claim denials are responsible for lost time, lost profit and loss of patient care. Sound familiar? Consider this: 50% of claims are denied due to errors. If these errors were caught ahead of the appointment, this major pain point for both your practice and your patients would be nearly eliminated. The second pain point is lack of immediate access to accurate remaining patient benefits and plan coverage.
The traditional ways of approaching the problem are to pay a staff member to spend 20+ hours a week on the phone with insurance companies, or pay high rates to outsource the work. MDA-Endorsed iCoreVerify is the recommended alternative to save you countless resources.
iCoreVerify automatically checks patient insurance information, up to a week in advance. You can run automatic checks for every scheduled patient, correct errors in advance of the appointment and significantly reduce claim denials. iCoreVerify accesses more than 2,100 insurance databases. In addition to insurance verification, you can run automatic reports of a patient’s remaining benefits and insurance coverage. With this in hand, your staff is able to clearly communicate changes, coverage and cost to the patient at the time of the appointment.
MDA members receive a 40% discount on your iCoreVerify subscription. Enjoy unlimited benefit checks and no hidden fees. Book a live demo at land.icoreconnect.com/Mi34 or call 888-810-7706.