BillingParadise’s RPA eligibility and benefits verification use case for hospitals and medical group practices.
Verification of patient eligibility and benefits is the first step of any hospital, health system or medical group to get paid by the insurance companies. Many RCM staff are only able to obtain general benefits and fail to verify limitations, covered services, and utilization resulting in overwhelming denials. Robotic process automation for patient eligibility and benefits is the ultimate solution for these problems.RPA bots have a protocol to use partial patient data to pull up possible patient information from various insurance that can be verified instantly. RPA bots can verify the eligibility of 100+ patients in a mere 5-10 minutes faster than any eligibility verification staff. BilingParadise's RPA patient eligibility can save up to $160K per year compared to eligibility for FTE staff this is way higher cost saving and ROI. CFOs and RCM directors should consider this use case RPA for eligibility verification for better RCM performance.
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BillingParadise’s RPA eligibility and benefits verification use case for hospitals and medical group practices.
- 1. BILLING PARADISE’S RPA ELIGIBILITY AND BENEFITS VERIFICATION USE CASE FOR HOSPITALS AND MEDICAL GROUP PRACTICES.
- 2. Verification of patient eligibility and benefits is the first step of any hospital, health system or medical group to get paid by the insurance companies. Many RCM staff are only able to obtain general benefits and fail to verify limitations, covered services, and utilization resulting in overwhelming denials.
- 3. Robotic process automation for patient eligibility and benefits is the ultimate solution for these problems.RPA bots have a protocol to use partial patient data to pull up possible patient information from various insurance that can be verified instantly. RPA bots can verify the eligibility of 100+ patients in a mere 5-10 minutes faster than any eligibility verification staff.
- 4. BilingParadise's RPA patient eligibility can save up to $160K per year compared to eligibility for FTE staff this is way higher cost saving and ROI. CFOs and RCM directors should consider this use case RPA for eligibility verification for better RCM performance.