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What is Veritable?

Veritable significantly improves the verification of patient insurance eligibility and claim status by providing instant results through an intuitive interface. It supports both real-time and batch processing of patient lists, enabling eligibility checks with over 1,000 payers, including national Medicare and state Medicaid, across different service categories. Additionally, it allows users to track claims status from submission to reimbursement, which helps practices and billing companies quickly identify potential issues that may cause payment delays or denials. Key benefits include the automation of eligibility and claims processes, which cuts down on manual data entry and lowers phone inquiries, thus enhancing the patient experience at check-in by confirming coverage and copay amounts. Moreover, it offers seamless integration for users with varying technical expertise while adhering to strong data security standards. A particularly useful feature is the “Code Explorer,” designed for rapid access to ICD-10-CM, ICD-10-PCS, HCPCS Level II, and CPT codes, simplifying the navigation of coding requirements. By effectively streamlining administrative workflows in healthcare practices, Veritable not only boosts operational efficiency but also elevates patient satisfaction, making it an indispensable tool for modern healthcare management. Furthermore, its ability to adapt to the evolving needs of healthcare providers ensures that they remain competitive in a fast-paced industry.

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.

Media

Media

Integrations Supported

Inovalon Provider Cloud
MediCare HMS

Integrations Supported

Inovalon Provider Cloud
MediCare HMS

API Availability

Has API

API Availability

Has API

Pricing Information

$50 per month
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

314e Corporation

Date Founded

2004

Company Location

United States

Company Website

www.veritable.app/

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/

Categories and Features

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

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