How does insurance eligibility verification helps in reducing denials and the medical billing cycle

insurance verificationInsurance eligibility verification is the foundation of the medical insurance billing cycle and it has the power to decide the fate of a claim. At times we don’t give adequate significance to doing insurance eligibility verification. We have an impression that certain claims don’t require insurance eligibility verification and we fail to foresee the consequences that we would have to face by not doing the verification. When it comes to business, big or small, a loss is a loss. The loss is to be borne by physicians or patients. Even the medical billing companies are at loss if there are delays and denials. Continue reading “How does insurance eligibility verification helps in reducing denials and the medical billing cycle”