company@meditechnos.com
+91-9597395294
We would like to introduce our Verit Tool. It is an advanced verification benefits checking tool designed to automate the manual verification process of billers in the healthcare RCM industry. This tool enhances the batch verification process through EDI 270/271 and enables the ability to perform unlimited transactions based on the clearinghouse, resulting in saved AHT and improved accuracy.
The Verit Tool helps to collect patient payments upfront by the provider at the time of service based on the benefits of deductible, copay, and coinsurance. It also prevents policy ID errors, active status errors, COB errors, out-of-network errors, and authorization & referral required errors. Additionally, it allows for multiple eligibility inquiries at once with batch files generated and translated with custom notes format quickly and efficiently.
Patient Benefits Electronically: Revenue cycle management companies can save countless hours of back-office time by transitioning to electronic eligibility inquiries. Replace manual processes with the user-friendly 270/271 eligibility transactions interface, effortlessly handling the automated. This enables you to work confidently with accurate responses, enhancing your operational efficiency.
Comprehensive Insights: Generate in-depth reports on EDI 271 responses to identify share-of-cost and benefit status. These insights help streamline payment collection and ensure valid insurance details are obtained from patients by providers at the time of service. This approach reduces outstanding patient balances and cuts costs associated with statement processing, enhancing overall financial efficiency.
Quality Assurance Workflow: Our quality assurance workflow provides service-type-based benefits details and integrates insurance contract information with provider profile mapping. This advanced approach enhances eligibility accuracy, minimizes denials and rejections, and boosts the rate of clean claim submissions.
Daily Inventory Processing: Simplify your daily inventory management by effortlessly generating and converting inventory into bulk batches. Upload these batches to your Clearinghouse or any supporting portal and receive quick responses for bulk transactions. This process ensures you maintain both quantity and quality, driving operational efficiency.
User-Friendly Interface: The VeriT Tool is designed with ease of use at its core, featuring a clean, intuitive interface that facilitates quick adoption and smooth integration into your existing workflows.
Empower your team to handle bulk batch transactions seamlessly with our EDI 270/271 file generation and translation capabilities. This tool ensures accurate verification of active or inactive status, along with detailed benefit information tailored to specialists' needs. The result? Enhanced accuracy and efficiency across your operations.
Improved Quality Control:Our dedicated quality assurance workflow meticulously maps every detail, ensuring that your EDI files are translated with precise values. This rigorous process upholds the highest standards of accuracy and reliability, giving you confidence in every transaction.
Increased Productivity:Streamline your bulk transaction processing with our advanced tool designed for generating and translating batch ANSI EDI files. By simplifying complex workflows and automating key processes, this tool significantly enhances your team's efficiency, leading to a noticeable boost in overall productivity.
Harness the power of detailed reports to gain critical insights into verification benefits, identify share-of-cost per transaction, and access valid data tailored to provider specialists and procedure benefits, service type etc.. These actionable insights empower your RCM company to make informed, data-driven decisions that propel your business forward.
RCM Companies:Designed specifically for revenue cycle management companies, the VeriT Tool is tailored to meet the unique needs of the industry and its billing guidelines.
Seamless Integration:The VeriT Tool effortlessly generates EDI 276 files using your existing PMS appointment reports and translates EDI 277 into a structured Excel format with group notes. This ensures a smooth implementation process with minimal disruption to your operations, allowing you to maintain efficiency while upgrading your systems.
