Insurance eligibility verification is important for all medical practices or else they will end up with unpaid claims by the insurance company. In a worst case scenario, they might never get paid for the rendered services.  Since all medical practices run on money, it is very important to ensure consistent cash flow without claim rejections. This is possible only when medical billing is done successfully and for billing, accurate insurance verification is important.

Why is eligibility verification necessary?

Insurance eligibility verification is the first and most important step in the medical billing procedure. If the insurance coverage information provided by patients during visits is incorrect or inadequate or if the current coverage information isn’t updated by the practice, then it will lead to claim denials or delays in payment.

If you run a medical practice and you don’t ensure adequate eligibility check, you will become prone to not getting paid for insurance claims. Timely verification will help in establishing the payer’s responsibility. It will also give you a better picture of the patient’s coverage, benefits, insurance information and so on. The possibilities of claim denials, categorical rejections and re-submissions will also end.

It is very important for providers to ensure that patients are aware of their insurance status. Since insurance protocols keep changing, it is necessary that they are also updated with the changes. Even the provider and their medical billers need to verify if the patient is covered under the new plan so that they can obtain maximum reimbursement. Doing this will help avoid reworks, errors, patient dissatisfaction and other factors that can cause delays or denials.

Outsourcing eligibility verification to boost revenue

It helps to let a third party handle eligibility verification task. With outsourcing, providers can not only increase revenue and minimize delays and denials but also boost collections through reduction in write-offs.

A reliable medical billing company starts by receiving schedules of patients via email, fax or other mediums or check them daily in the appointment scheduling software. They verify the patient’s insurance coverage with primary as well as secondary payers either by calling the payers or checking through online insurance portals. Companies also contact patients directly for additional data. The next step involves updation of the billing system with verification details. The provider is informed in case there is any issue regarding a patient’s eligibility.

About 247 Medical Billing Services:

We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses.

Contact: 
247 Medical Billing Services
Tel: +1 888-502-0537
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

United Thinkers comes up with a flexible payment technology offering to mitigate the consequences of the new economic recession

New York, NY – (April 1, 2020): United Thinkers, a New-York based commercial open-source Payment Management Software company, has improved its UniPay Gateway technology offering, making it more flexible in response to the challenges posed by the coming economic recession.

United Thinkers, working jointly with its channel partners, has improved its UniPay Gateway payment technology offering, allowing users to cushion the effects of the coronavirus business impact. The pandemic might leave many businesses and whole industries paralyzed, bringing on severe recession. So, in the present-day circumstances it is natural for companies to look for ways of reducing their costs. United Thinkers, empowered by flexibility and robustness paradigms, offers a whole range of approaches, from targeted transaction processing cost reduction to development of the whole business-specific inhouse infrastructure, allowing merchants with large processing volumes to, again, reduce their costs.

In spite of economic recession, companies that use UniPay Gateway as their primary payment management solution, are able to retain their profits and reduce both direct and indirect payment processing costs to minimum. The technology has been developed by a team of payment experts based on more than a decade of experience within the industry. UniPay Gateway payment solution targets broad categories of merchant services industry players, such as large corporations, payment service providers, payment facilitators, and software companies that decide to take payment experience inhouse. It is successfully used by many businesses worldwide, including the largest players and Fortune companies.

Cost reduction strategy, offered by United Thinkers, is built around implementation of its UniPay Gateway solution. It includes several conceptual steps. First, it allows you to minimize your credit card processing fees, thanks to consolidation of transaction processing volumes of all your departments, subsidiaries, and channel partners, and streamlining them into a unified processing API. Second, it allows you to automate as much of the process as possible. If such operations as merchant onboarding, payment reconciliation, reporting, chargeback management, account updating, and others, are still preformed manually in your business model, it is time to automate them and redirect the respective personnel to other, higher-priority tasks. Third, thanks to transparency of customer experience, you can reduce the amount of time and other resources you spend on servicing of tech support calls. Finally, one of the main advantages of UniPay Gateway technology is its robustness and flexibility. UniPay Gateway product is available in both hosted version and licensable open-source-code version, which you can take in-house and customize according to your business needs.

“Impact of coronavirus on economy is no longer a looming prospect, but a tangible reality. While in times of economic growth and bull market an intuitive strategy followed by many companies is to increase the sales, when recession strikes, the chances of sales growth become scarce, and the right thing to do is shift the focus to cost reduction. Even 50 basis points transaction cost reduction makes a difference, especially, on large processing volume” says United Thinkers president, Eugene Kipnis. “In an effort to help our existing and future customers retain their profit margins in times of the coming economic recession, we have come up with a unified, fully automated, transparent, and robust technology offering, allowing users to minimize their payment processing costs. In contrast to standardized cloud solutions, offered by major providers, our technology can be used either as hosted solution, or as a customizable open-source licensed product. This feature makes it even more flexible, and thus, responsive to the present-day market challenges”

Feel free to request free consultations with the payment specialists at unipaygateway.com and learn how UniPay Gateway technology can help your particular business stay afloat during the coming recession: https://bit.ly/2xJhX08

About UniPay

The appeal of the UniPay Platform is the open-source nature, affordable cost, robust omni-channel feature set, as well as the advanced API’s and wide variety of Code Samples for easy integrations.

The components of UniPay are UniCharge, UniBill, and UniRead Modules (www.UniPayGateway.com):

UniPay Gateway platform has numerous APIs, its own EMV terminal solution, and mobile solution. It is integrated with all major processors and payment facilitation platforms in North America.

To receive more information, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.

About United Thinkers ( www.UnitedThinkers.com )

United Thinkers is an enterprise software development company that specializes in payment gateway technology development. The UniPay Gateway is the company’s flagship product. For more information about payment processing vision of UniPay, please visit our Paylosophy blog at https://bit.ly/2Jxl3ag

Davenports Harbour Lawyers have created and released a free online legal fitness check for New Zealand businesses to help them identify where they might be legally vulnerable.

As a business owner, you will always want to ensure that you are following the right guidelines and advice, especially from a legal point of view. But are you truly clued up on the needs and where you stand with your small business? Often as a business owner, we have more focus on other priorities, and the legal aspects and stance of our business may be lower down the priority list. This is where we can help.

Filling out our easy to understand online form will help you to gain a better understanding of your knowledge and also be able to highlight exactly where you stand in terms of a legal point of view with your business. All small business owners have a responsibility to be more aware of where their business fits from a legal perspective, and this is where our free legal health check for your business can prove useful.

The form simply asks you questions based on your knowledge and understanding of legal requirements for small fitness and health businesses in New Zealand. We want to understand what you understand to be legal and perhaps even highlight to you where things may need to change for your business. It is a free legal health check for your business that could help you to gain a better understanding of what you can or can’t do and ultimately allow you to make some necessary changes based on the results. If you are interested to see where your small business stands on a legal point of view then fill out the free legal health check from today.

Davenports Harbour Lawyers' commercial team specialise in all facets of commercial law within New Zealand, whether your business is large or small, Davenports can help steer you in the right direction.

For more information about Davenports Harbour Lawyers visit https://www.davenportsharbour.nz/

Processors Now Can Fully Automate The Plant Floor Using The latest Barcode Technology.

Bellevue - WA – March 27, 2020 / Dynamic Systems, Inc., a Bellevue Washington software developer specializing in barcode data collection for the Fresh Food Industry, has announced the release of SIMBA 2020, which is designed to provide seafood processors a production, inventory and traceability system that records information on the plant floor in real-time. This release includes the updated Mobile Application that manages finished good inventory and shipping.

Increase production speed and traceability    The SIMBA system is easy to use and easily configured to replace pencil and paper records and spreadsheets.  This application provides real-time information to management from the plant floor and the warehouse.

SIMBA allows a production line worker to change the content of product labels with a fingertip on the computer or touch screen, capturing product weight information and printing a label with a barcode identifier for that case or carton.  Once a product is packed, SIMBA uses mobile barcode scanners to move it to finished goods inventory and record shipping information.

SIMBA Inventory System provides production and inventory reporting and traceability through the process, from receiving to shipping. Cartons can be accumulated onto a pallet and tracked with a single pallet identifier using the mobile barcode scanner.  The cartons or pallets can be stored in the warehouse (cooler or freezer) and tracked by location. The easy traceability feature makes recalls easy and will  track back to the batch, lot, carton, or case level minimizing total product loss.

Mobile Warehouse and Shipping    At the time of storage or shipping, the mobile module, SIMBA Logistics, tracks each carton or pallet to a warehouse location and records where each carton or pallet ships – what van it was loaded onto or which sales order or customer it was shipped against.  A Bill of Lading is then produced automatically.  This feature not only saves time in the shipping process, it eliminates disputes with customers regarding what was actually shipped.

Results     Key results from implementing the SIMBA software include increased production speed; the ability to get real-time, accurate production reports; to fulfill traceability requirements; to report accurate inventory; to print professional looking carton and pallet labels; and to expedite shipping.

Contact Dave Heffernan (This email address is being protected from spambots. You need JavaScript enabled to view it.), Business Development Manager: 425-216-1207; http://dynamic-systemsinc.com/software/meat

Regards,

Rob Freeman

Director Business Strategies

Dynamic Systems, Inc. 

www.Dynamic-SystemsInc.com

Direct:  425.284.1662

2018 156th Ave NE

Suite # 312

Bellevue, WA 98007