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Description
Insurance Discovery enhances financial outcomes by uncovering previously unrecognized billable coverage that providers may not be aware of, thereby minimizing underpayments and uncompensated care. By employing advanced search functionalities, this solution reveals instances where patients possess multiple active payers, which can significantly improve reimbursement prospects. Additionally, it helps to prevent delays in reimbursement and accelerates revenue collection by ensuring that claims are submitted to the correct payers on the first attempt, thanks to more precise coverage details. When utilized with verified demographic information, Insurance Discovery provides reliable coverage and eligibility insights. This modern approach replaces outdated manual methods of insurance discovery with a swift and thorough search that queries numerous databases in mere seconds, yielding detailed and accurate coverage information. Furthermore, it enhances the overall experience for patients and residents by facilitating accurate estimates of out-of-pocket expenses, ultimately contributing to a more favorable financial journey for them. By streamlining these processes, providers can focus more on patient care rather than administrative tasks.
Description
As patients take on a greater share of their healthcare costs, accurately identifying those who are self-pay and maximizing reimbursement for services can be a daunting and time-consuming task. The ZOLL® AR Boost® solution offers a real-time accounts receivable (AR) platform that streamlines and accelerates the pre-billing process, ensuring that all potential payments are captured. By providing precise, actionable insights that uncover hidden insurance coverage and facilitate conversions for self-pay and high-deductible patients, ZOLL AR Boost supports billing professionals in gathering comprehensive patient data upfront, resulting in an average revenue increase of 12% while reducing returned mail by 60%. Inaccurate or missing patient details can lead to claim denials and reimbursement delays, ultimately frustrating patients. Moreover, the manual process of addressing these data gaps consumes valuable time and often results in incorrectly categorizing insured patients as self-pay, further complicating the billing process. This innovative solution not only enhances efficiency but also fosters a smoother financial experience for both the healthcare providers and their patients.
API Access
Has API
API Access
Has API
Integrations
Inovalon Provider Cloud
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Inovalon
Founded
1998
Country
United States
Website
www.inovalon.com/products/provider-cloud/patient-access/insurance-coverage-discovery/
Vendor Details
Company Name
ZOLL Data Systems
Founded
1980
Country
United States
Website
www.zolldata.com/arboost
Product Features
Accounts Receivable
ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing