Compare ABN Assistant vs. Insta

Medical necessity denials represent a significant financial burden for healthcare providers, incurring costs that can reach into the millions annually due to write-offs, along with the expensive labor involved in investigating and contesting these denials while addressing patient inquiries. Conversely, payers also face similar challenges in the claims management process, as they incur expenses from covering unnecessary medical procedures and treatments, as well as the resources dedicated to handling denial appeals, all of which do not contribute to better patient outcomes. Additionally, patients may suffer from excessive copays and other out-of-pocket expenses, coupled with a frustrating healthcare experience due to charges and services that are not warranted. To combat these issues, the ABN Assistant™ from Vālenz® Assurance equips providers with essential prior authorization tools to confirm medical necessity, generate Medicare-compliant Advanced Beneficiary Notices (ABNs) that include estimated costs, and effectively prevent over 90 percent of medical necessity denials by ensuring that the necessity is validated before any care is administered to the patient. By utilizing this system, providers can enhance their financial stability while improving patient satisfaction and care efficiency.

Enhance your business operations by automating workflows and facilitating online bookings, along with integrating electronic medical records, alerts, and notifications to benefit your patients. Incorporating technology into your business strategy will not only foster engagement but also accelerate your growth. Simplify your processes to allow secure access to operational, financial, and clinical documents while maintaining confidentiality. With Insta’s Rate Sheet/Rate Plan model, you can effectively manage intricate rate-discount structures, allowing for customizable base price tariffs for all services you provide. Additionally, Insta’s clinical solutions support the management of patient flows across various specialties—whether ambulatory, inpatient, or surgical—while seamlessly integrating with your organization’s core administration and financial systems, ensuring compliance with regulatory standards. This approach also promotes enhanced staff collaboration and boosts employee productivity, ultimately leading to improved quality of care for your patients. Implementing these strategies can significantly transform your operational efficiency and patient satisfaction.