Today, healthcare providers are looking for insurance verification services at affordable cost so as to reduce the workload within their facility. Insurance verification services play a major role in a hospital's claims denial management program.

1. Affordable Health Insurance
Verification Services
Prior to rendering healthcare services, it is very
essential that service providers confirm health
insurance eligibility of the patients which will
save administrative as well as financial hassles
later. Affordable insurance verification services
are an ideal solution for those healthcare
practices that cannot afford to waste too much
time as well as money on insurance eligibility
verification.
Affordable health insurance verification services benefit your medical practice very
much in terms of cost savings, increased revenue, increased productivity, better time
management and higher customer loyalty. Today, there are several outsourcing
companies that will take care of insurance verifications and authorizations for getting
referrals, avoiding last minute cancellations, and providing accurate billing for you
and your insurance company.
With the support of health insurance verification specialists, outsourcing companies
work with patients, check for policy changes and updates, complete the paperwork,
and verify patient information with the insurance carrier. They verify details such as
payable benefits, co-pays, co-insurances, deductibles, patient policy status, effective
1

2. date, type of plan and coverage details, plan exclusions, claims mailing address,
referrals and pre-authorizations, life time maximum, and more.
Comprehensive Validation Process at Affordable
Rates
Affordable insurance verification services include:
• Receiving patient schedules from the hospital or clinics via FTP, email or fax
• Verifying patients' insurance coverage on all primary and secondary (if
applicable) payers
• Verifying demographic information
• Updating patient accounts
• Contacting the patients for additional information if required
• Updating the billing system with eligibility and benefits details such as group
ID, member ID, coverage start and end dates, co-pay information and much
more.
What You Can Gain from Affordable Health
Insurance Verification Services
You can get maximum benefits by choosing affordable health insurance verification
services. Listed here are some of the benefits:
2

3. • Faster billing cycles
• Faster, quicker service
• Increased clean claim count
• Increased cash collection
• Reduced rework of claims
• Reduced capital costs
• Speed up approval and authorization
• Simplified workflow
• Minimize delays considerably
• Reduce your risk factors
• No delays in payment
• Streamline the entire billing process
• Free up workforce to focus on more productive tasks
• Maximize office efficiency and economies of scale
• Improved staff productivity
• Reduced overhead 30 to 40% below operational
If you are looking to outsource insurance eligibility verification services, then make
sure that you choose the best outsourcing company to meet your requirements. Before
handing over the task of insurance verification services and insurance authorization
to a reliable outsourcing firm, make sure that they
• Offer continuous evaluation of each account regarding the amount of returns
possible and the timing
3

4. • Follow all HIPAA guidelines
• Provide regular QA checking
• Weekly and monthly status reports
Once you are sure that the task of insurance verification services is entrusted to
reliable hands, you can concentrate on patient care and related core activities.
For More Information:
OutSource Strategies International
United States Main Office
8596 E. 101st Street, Suite H
Tulsa, OK 74133
Phone 800-670-2809
http://www.outsourcestrategies.com
4