Credit Balance Review
A professional and accurate credit balance review is mandated by law. Healthcare providers can be fined for any delays or failure to reimburse overpayments on time. If these fines are repeated over a period of time, it can lead to financial non-compliance concerns which are a serious matter.
In order to prevent this, it is essential to conduct a credit balance review for every billing cycle. Invoke 360 combines professional expertise with a state-of-the-art automated process to review and check all credits and payments on a daily basis.
This ensures that all errors are resolved, whether it is payment duplications, patient estimation errors, incorrect billing or incorrect coding.
The meticulous and systematic credit balance review conducted on a daily basis by Invoke 360 ensures that healthcare providers don’t have to worry about fines or other non-compliance issues while also safeguarding their revenue.