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Published byGriselda Carr Modified over 9 years ago
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To discuss practice management billing tools To review system work flow options To demonstrate the importance of having an action plan in order to ensure maximum reimbursement
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Online verification of your patient’s insurance eligibility and policy demographic data Dramatically reduce denials due to bad policy information
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Iridium Suite Payer Patient Inquiry Data ActiveInactive
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Benefits: Policy data returned by the payer is the most accurate Iridium Suite can create the patient’s billing data directly from the payer’s response
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Inquiries can be conducted: On new patients To verify the validity of existing patients’ data
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Iridium Suite is able to interface via HL7 with third party Electronic Medical Records systems.
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Benefits: Increased Staff Productivity Reduce Missed Charges Improved Data Accuracy Consistency
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Alerts you to violations of CCI Edit rules as defined by the CMS For example: Attempting to bill two office visits, like a 99205, and a 99201, on the same day
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Alerts you to potential billing issues caused by conflicting billing data An example would be an attempt to bill using an incorrect place of service for a particular CPT code
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Custom rules used that only execute for specific payers
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Alerts you that a patient’s policy requires prior authorization, but the authorization is not present
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Simple and easy to use! There is no need to execute separate steps for claims transmission Staff is not required to print reports to receive and act on payer responses
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Iridium SuiteSingle Clearing HouseAll Payers Claim Data Payer Responses
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If volume warrants it, utilizing a mailing service for paper HCFAs and patient statements can be beneficial This can ensure that these claims are sent out on a routinely scheduled basis
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If ERAs can be auto-adjudicated by the system it reduces payment posting work load This in turn reduces the time between payment from the primary and generation of the next claim level
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Iridium SuiteSingle Clearing HouseAll Payers Claim Data ERAs
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Systems have varying degrees of oversight related to auto-adjudication It is highly beneficial if the billing system is able to create a human-readable ERA
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Iridium Suite includes thousands of easy-to- configure reports to facilitate detailed analysis of the health of your business. All reports are schedulable and can be automatically sent to interested staff members.
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