Workable accounts receivable and insurance verification solutions

Worried whether or not the patient claiming to be protected under an insurance cover actually holds an eligible cover? For sure, the healthcare industry has been harassed due to recurring instances of insurance denials, which in case would have handled with due diligence, the revenues would not have suffered. Insurance verification, thus, is an inseparable part of claim handling so as to make sure that the viability of operations is not affected adversely. Not just non-payment, delayed payments, patient dissatisfaction, and unjustifiable reworking are the consequences of improper insurance verification practices. At Pacific, clients can be assured of overcoming all such concerns with the help of proficient staff, latest technology, and effective management. Solutions that cater to distinct needs of clients are provided through remotely hosted centralized eligibility unit, along with faculty practice plans. Revenues are augmented and accounts receivable cycle is thus trimmed out to a manageable level.

The eligibility verification services provided by experts embrace quick contacts with the patient whenever needed, comprehensive information to clients including member ID, coverage end and start dates, group ID, and such other relevant details. What our clients secure ranges from augmented accounts receivable efficiency cycle, enhanced number of proper claims, and elevated revenues with fairly decreased denials and late payments. Are you aware that more than 70 percent of healthcare insurance denials are due to the sole fact that the patient does not hold proper eligibility for the claim? The concern is with almost every healthcare service provider, which can only be taken care of with the help of proper management of insurance verification process. By partnering with Pacific and getting hold of proficient staff, you can affordably overcome this issue and can ensure that the services provided to the patients claiming insurance are comprehensively recovered.

Next, the experts at pacific recognize the problem of accounts receivable faced by every industry and provide effective solutions that can reduce the receivable number of days to the minimum. You must agree with the fact that along with providing services, recovery of accounts receivable is the key for ensuring smooth functioning of the organization. Our services embrace proper analysis of accounts receivables follow-up of insurance claims, and evaluation of cash collection process followed. By infusing promptness in the area of accounts receivable, experts at Pacific make sure that revenues are not allowed to dip and former dues do not escape recovery. We are sure of lessening the amount under your bad debts section of the Profit and Loss account, along with promising that relations with your payees are never adversely affected. This is done by following a workable mechanism for managing accounts receivable, wherein the payee is not troubled; however the debt is conveniently recovered.