Insurance verification and authorization is a vital part of
the medical billing process. It is all about verifying the patient’s insurance
eligibility and the details including the co-payments, deductibles,
co-insurance, patient policy status, effective date, type of plan, claims
mailing address, and more. It is a time-consuming and tedious task for most
healthcare providers, considering the amount of responsibilities they handle.
As a medical
billing company, Outsource Strategies International (OSI) can manage
all tasks related to obtaining insurance
verification and authorization.
OSI understands the importance of medical billing and
collections as well as its individual components such as verification,
authorization and coding in making this process successful. The aim of the
company is to provide clients with timely reimbursement, ultimately affecting
their bottom line, cash flow and the opportunity cost of uncollected revenues.
The team at OSI will take care of verifying insurance and authorizations to
avoid last minute cancellations and ensure accurate billing.
Over the years, OSI has assisted scores of medical
establishments of varying sizes to meet their medical
appointment scheduling, rescheduling, insurance verification and
authorization needs. With services from OSI, clients need not spend their
valuable time managing patient appointments.
The information collected and verified during the health
insurance benefit verification process includes:
- Co-pays, co-insurances and deductibles
- Patient policy status
- Effective date
- Type of plan and coverage details
- Plan exclusions
- Claims mailing address
According to a representative of the company, outsourcing insurance verification
tasks to OSI can save practices an average of 30% - 40% of the total costs. The
company offers free billing analysis to
prospective clients that wish to check out OSI’s medical
billing services.
About
Outsource Strategies International
Outsource Strategies International (OSI) is a
More information is available at http://www.outsourcestrategies.com.
Clients can also call (800) 670 2809.
Headquarters:

