Financial clearance includes all the steps your practice should take leading up to a patient appointment. Unfortunately, many groups don’t have a consistent process. This is why MedEvolve developed Financial Clearance Workflow Automation – to do the work for you:
- Verify insurance and co-insurance
- Confirm insurance benefit coverage
- Estimate patient liability
- Collect projected balance and prior balances (or deposit or CC on file)
- Validate demographic information
- Check authorization requirements and secure prior authorization
Workflow automation ensures your staff are following best practices and automates manual processes to prevent human error. The built in analytics provides feedback to staff on areas of process improvement.