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What is Inovalon Insurance Discovery?

Insurance Discovery improves financial results by identifying previously overlooked billable coverage that healthcare providers might not know about, which reduces both underpayments and uncompensated care. Utilizing sophisticated search capabilities, this tool can uncover situations where patients have multiple active insurance payers, thereby enhancing the potential for better reimbursement. Moreover, it aids in avoiding reimbursement delays and speeds up revenue collection by ensuring that claims are accurately directed to the correct payers on the first submission, attributed to more precise coverage information. When combined with verified demographic data, Insurance Discovery offers dependable insights into coverage and eligibility. This innovative method replaces conventional manual insurance discovery processes with a rapid and exhaustive search that accesses numerous databases within seconds, providing comprehensive and precise coverage details. Additionally, it improves the overall experience for patients and residents by allowing for accurate assessments of out-of-pocket costs, leading to a more positive financial journey. By simplifying these procedures, healthcare providers can devote more attention to patient care rather than getting bogged down by administrative duties, ultimately enriching the quality of service delivered.

What is Inovalon Eligibility Verification?

The Eligibility Verification Standard significantly improves patient access and billing processes by enabling staff to effectively prioritize and assign patients, payers, and tasks during the eligibility verification workflow. This cutting-edge technology goes beyond simple eligibility checks by providing a detailed dashboard for verifying, managing, and archiving all inquiries made. It speeds up the verification process through automated enhancement, rectifying incomplete or inaccurately formatted transactions from payers. Moreover, personnel can perform multiple eligibility inquiries at once through batch file uploads that quickly confirm Medicaid, Medicare, and commercial coverage. Additionally, tasks can be easily assigned to team members, follow-up flags can be established, and eligibility documentation can be created for future reference. The management of patients across batches and the resolution of issues becomes more straightforward, requiring only a few clicks. In the end, this cloud-based, all-payer health insurance eligibility verification software not only streamlines operations and enhances the accuracy of coverage but also empowers staff to manage benefit inquiries in a way that best fits their workflow, thereby ensuring greater operational efficiency. Its intuitive design, combined with robust features, fundamentally changes how healthcare settings approach the eligibility verification process, ultimately leading to improved patient experiences.

Media

Media

Integrations Supported

Inovalon Provider Cloud

Integrations Supported

Inovalon Provider Cloud

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Inovalon

Date Founded

1998

Company Location

United States

Company Website

www.inovalon.com/products/provider-cloud/patient-access/insurance-coverage-discovery/

Company Facts

Organization Name

Inovalon

Date Founded

1998

Company Location

United States

Company Website

www.inovalon.com/products/provider-cloud/revenue-cycle-management/all-payer-insurance-eligibility-verification/

Categories and Features

Credentialing

Appointment Management
Certification Tracking
Committee Management
Document Management
Expiration Management
License Verification
Online Applications
Privileging

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