best patient eligibility method

How to Choose the Right Patient Eligibility Verification Processes for Your Practice

How to Choose the Right Patient Eligibility Verification Processes for Your Practice

If you thought that medical coding and billing used to be a complicated process, it’s likely only become more complicated since the recent transition to ICD-10. In addition to this change, the recent growth in the number of high-deductible and cost-sharing insurance plans, as well as the Affordable Care Act, have likely also had some sort of effect on your revenue cycle.

The solution to managing all of these recent changes? Patient eligibility verification.

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When Should I Verify Patient Eligibility?

When Should I Verify Patient Eligibility?

Even just a few years ago, verifying patient eligibility once a year was good enough, as most patients stuck with their insurance providers for the long haul. However, the market is changing, and more and more patients are switching over to higher deductible plans and plans based on cost sharing.

Today, a patient’s insurance information can change over night—which is why it’s increasingly important to regularly verify your patients’ eligibility. But when, exactly, should you verify patient eligibility?

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