“I just checked your benefits; everything looks good to me. I’ll send it in for one final check, but let’s go ahead and start your screening.“
[Continues with the admissions process]
Not using our app
“I’ll send this over to our insurance verifier. It typically takes about an hour, then I’ll call you back.“
[Hangs up the phone with prospect]
Case study: Foundations Recovery Network
How improved customer relationships, an agile team, and quick patient response attributes to the ROI of a nationally accredited treatment center.
1 out of 10 calls resulted in a lost patient which meant $10-20K in lost revenue per patient.
Foundations now save $10,000 or more a month in lapsed insurance policies.
Tiffany Barnes said it helped them save over $100,000 in just 6 months.
Foundations knew that the faster they can help someone, the better chance they have of providing them with potentially life-saving care. VerifyTreatment gave them answers on the spot, in regards to their insurance coverage and financial options.
The traditional insurance verification process is time-consuming and convoluted. Lengthy back and forth with Admissions reps, limited access to insurance records (especially after-hours), and delayed admits. VerifyTreatment’s single-sign-on technology, available 24/7 helped their patients instantly.
Insurance lapses, lack of information, and responsiveness led to $10,000+ a month in lost revenue. Foundations discovered that by empowering their team with VerifyTreatment they could answer the difficult questions for clients, on the spot.
Foundations needed more staff with increasingly longer admissions time. VerifytTreatment not only saved them tens of thousands in labor but saved them the cost of losing patients when VOBs took too long and they called another program.
We check the major insurance carriers (Aetna, BCBS, Cigna, Humana, United), as well as UMR, Oxford, Meridian, Molina, OptimaHealth, Priority Health, Medical Mutual, Preferred One, Qualcare, Amerihealth, UPMC, GHI, Core Source, GEHA, Healthsmart, Harvard Pilgrim, Health Alliance, Health Net, and more!
We tie in directly with the insurance companies. You input the information, VerifyTreatment accesses the insurance company, and the insurance provides the result. The data provided is directly from the insurance companies’ database.
Given the sensitive nature of our business, we take HIPAA compliance and security very seriously. VerifyTX was designed with SSL 128-bit encryption. Your data is treated with bank-like security; encrypted at all times and regularly backed up. By using the service, all users agree to our business associate agreement.
Sometimes verifications fail to get a result. If this happens, double-check to make sure all of the information has been entered correctly and the information is accurate. You only use credits for successful transactions. We are here to help. Contact us at firstname.lastname@example.org.