Eligibility & Benefit Verification
Verification of patient eligibility and benefits is a crucial aspect of RCM for every healthcare facility. At Invoke 360, our team of RCM specialists takes care of this process in a timely, accurate, and efficient manner which leaves the hospital or clinic staff free to concentrate on other core processes.
Invoke 360's eligibility and benefit verification services helps healthcare providers in preventing or reducing the loss of revenue that arises from bill claim denials caused by incorrect billing.
The verification process also benefits the patients, as not only is the check-in process streamlined and faster, they are also informed of their out-of-pocket costs before the visit. This reduces any anxiety about payments, which helps increase patient satisfaction, and thereby, patient collections and revenue in the long run. The productivity of hospital staff is also increased when this process is taken care of efficiently by Invoke 360. This makes it a win-win situation for all!
Invoke 360's eligibility and benefit services encompass a wide range of data that includes:
- Coverage details
- Mailing address for claims
- Pre-existing clauses
- Payable benefits
- Type of plan
And many others.