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Velan HealthCare Services delivers the trusted choice for Medical billing and coding. Outsourced HCS managed Patient services & billing services. Engaging Velan's reliable healthcare services free up providers staff and allow them to focus on value added services to patients. Patient Demographic Entry Services The importance of patient demographic details can hardly be overstated as it encompasses every necessary detail related to the patient. Information provided in the demographic record is highly critical to medical billing and coding, as it has a direct impact on the insurance claim or denial. • Error-free patient demographic entry • Reduction of delays in claim submission • Clean claims with the Insurance providers • Sustaining a stable cash flow Billing Services • The correct procedure and diagnosis codes are identified from CPT and ICD-10 CM manuals • The selection of appropriate codes in order for the customers to get paid accurately for services delivered • The avoidance of the possibilities of under-coding or over-coding of reports which may further lead to loss of revenues. Training at regular intervals helps our coders improve their skills, which in turn benefits our customer Payment Services Payment posting in medical billing is one of the crucial processes that require utmost attention. The payments in lieu of claims, received from the payer and patients, are posted in the medical billing system of the client to reconcile the claim. • Post timely payments and calculate revenue realization • Resolve payment related queries • Maintain a stable cash flow Denial Management A major issue faced by many health care providers is the fact that a large number of rejected claims go unattended and never gets resubmitted in the given course of time. Denial Management is the process of meticulously scrutinizing the claims that have been rejected in order to make necessary changes and rebill before the stipulated period.
Velan HealthCare Services delivers the trusted choice for Medical billing and coding. Outsourced HCS managed Patient services & billing services. Engaging Velan's reliable healthcare services free up providers staff and allow them to focus on value added services to patients.
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