Comprehensive Review
Ensuring thorough assessment of retro authorization requirements.
From pre-authorization to retro authorization, Velan Healthcare offers seamless solutions tailored to your needs. Our services include thorough eligibility checks, timely submissions, and diligent follow-ups to ensure swift approvals. Experience hassle-free authorization with us!
Pre and Retro authorization billing service in the USA is essential to avoid insurance denials for high-value procedures. Without it, claims may go unpaid. At Velan Healthcare, we take on the pre and retro authorization process for you, submitting records and securing approval 2 days in advance. Our system offers transparent updates on all pre-authorizations we handle, easing the burden on your practice.
A healthcare provider identifies the requirement for a specific procedure, test, prescriptions, or device for a patient.
The provider checks the health plan's policy rules or formulary to see if prior authorization is required for the prescribed treatment. If needed, they fill out and sign a prior authorization request form.
Due to limited integration, provider staff manually reviews prior authorization rules, often found in various formats like paper, PDFs, or payer portals, specific to the patient's insurance plan.
Rules for prior authorization vary between health plans and even within plans of the same payer. These rules change frequently, leading to potential confusion and outdated references for administrative staff.
If no prior authorization is needed, the claim is submitted to the payer, but this submission does not guarantee approval. If prior authorization is required, the provider must gather specific details for each relevant CPT code and obtain a unique payer-assigned number for the request.
The provider then engages in manual follow-ups with the insurance company until a resolution—approval, redirection, or denial—is obtained.
Our goal is to simplify this intricate process into a smooth, efficient pathway, elevating patient care and maximizing financial outcomes.
Pre-authorization offers patients clarity on their insurance coverage and potential out-of-pocket costs, leading to fewer financial problems and fostering transparency in healthcare expenses.
Healthcare providers benefit from pre-authorization by streamlining their processes. With approvals in place beforehand, they can deliver services promptly, avoiding treatment delays and easing administrative burdens.
Pre-authorization significantly lowers the chances of denied claims or reimbursement issues. Since procedures or treatments have already obtained approval from the insurance company, the risk of payment disputes is reduced.
Unlock the Significance of Pre and Retro Authorization How Can We Help You Minimize Denials and Expedite Access to Care?
Thorough examination of policies and payers for accurate coverage assessment.
Quick identification of prior authorization needs per patient
for seamless care.
Preparation of precise documentation and prompt
submission to payers.
Vigilant tracking of requests, managing the
process proactively to completion.
Promptly informing providers of any authorization issues
or ambiguities.
Providing clear insights into coverage options for
informed decision-making.
Expertise in selecting treatment alternatives
aligned with patient insurance coverage.
Rigorous process to significantly reduce denials
related to coverage issues.
How Can Our Pre/Retro Authorization Billing Services Transform Your Practice?