Patient Eligibility Verification Services
Ensure accurate patient coverage with our Patient Eligibility Verification services. Reduce claim denials, verify benefits in real-time, and streamline your billing process!
Our Pre-Authorization and Eligibility Verification Services Are All You’ll Ever Need!
Patient Eligibility Verification is considered an initial step in the revenue cycle management that enables medical practices to see whether a patient is eligible for the treatment. It includes the breakdown of benefits and checking whether the healthcare service is covered by the patient’s insurance or not, along with other benefit options such as copays, deductibles, and co-insurance as well.
Verification of eligibility is highly crucial to a medical practice overall. According to reports, approximately 70–75% of claim denials occur primarily due to errors or mistakes in the eligibility verification of patients by healthcare providers. This shows us that most practices are still not paying due attention to their eligibility verification processes and paying its price in the form of claim delays and denials. Nevertheless, we at Surplus Revenue Group are providing medical practices with a solution. Our eligibility verification services for physicians and private practices are devised to provide you with leverage in the medical billing domain.
Benefits to Hire Surplus Revenue Group
Enhanced cash flow
99% Claim Rate
Minimize A/R delays
Starts from 2.95% of your collections
Fewer claim denials and rejections
EHR Flexible Solutions
Dedicated Team of 1000+ Experts
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Eligibility Verification is More Important Than You Might Think!
We are providing specialized services for numerous specialties across 50 states in the USA. Avail Our Services Today!
Why Outsource Eligibility Verification Services
As mentioned earlier, the first and foremost phase of the medical billing process is eligibility verification. A practice can only receive timely payments if insurance verification is done correctly. As a medical practice, you need to verify the patient’s eligibility before rendering any service. In case you fail to address the eligibility verification problem at the earliest, you are going to face delayed payments and even denials. As a result, it leads to lesser revenues and greater claim denials. This is where our Eligibility Verification services come in handy as you can easily hand over the job to our experts and focus on patient care for the best results
Benefits of Outsourcing Eligibility Verification Service
Here are some of the major benefits of outsourcing eligibility verification with Surplus Revenue Group LLC.
Claim Denials Avoided
Low Operational Costs
Easy to Scale Business
Improve Patient Care
Our Eligibility Verification Experts Are Just a Call Away!
A Medical Billing Service You Can Trust!
At Surplus Revenue Group we tend to follow a complete and comprehensive process for eligibility verification of patients in order to accelerate your overall accounts receivable cycle. Our experts confirm the eligibility of a patient through the proper breakdown of benefits while obtaining required prior authorization before the patient visits the doctor’s or the physician’s office.
Our verification process consists of the following steps:
- The first step includes receiving patient schedules from the clinic, hospital, or any medical provider’s office.
- The second step involves entering the patient’s demographic information.
- The third step entails a breakdown of benefits with both the primary (on date of service) and secondary payers (co-pays or coinsurances, etc.)
- Our team then initiates prior authorization requests and obtains approval for the prescribed treatment.
- Lastly, we upgrade the revenue cycle system of the medical practice with the details obtained from the payers.
