RevenueWell Launches Insurance Verification Tool

RevenueWell Launches Insurance Verification Tool. Image credit: © RevenueWell

Patient software services provider RevenueWell has announced the launch of its latest tool––Insurance Verification. This automated tool is designed specifically to verify patients’ insurance for dental practices, acting as an addition to RevenueWell’s Marketing Platform. By automating the verification process, Insurance Verification enables quicker and updated insurance information for patients, according to a press release from RevenueWell.

This tool was created to eliminate the previous hassle of antiquated insurance verification processes according to chief technology officer at RevenueWell, Steve Prosser.

“The amount of time spent each week verifying a patient’s active insurance is astounding, not to mention the efforts going into training new office staff on how to do it,” Prosser said in the press release. “RevenueWell’s automated insurance verification takes a novel approach by automatically validating insurance directly from provider portals and clearinghouses, then cross-referencing and cleansing the results. Our solution provides much greater accuracy, with access to a significantly larger pool of providers and treatment codes to automatically verify against.”

RevenueWell’s Insurance Verification aims to mitigate the pain point that is calling and logging different provider portals, enabling the front office team to shift focus and optimize workflows. Patient insurance information can be verified before the patient even comes in for their appointment, enabling shorter appointment lead times and happier patients.

Other notable features within Insurance Verification include increased efficiency through its elimination of extended phone calls and different provider portal navigation, as well as the availability of accurate data. RevenueWell’s system pulls the data directly from the provider portal, the clearinghouse, and the practice management data, then scrubbing the data for the most accurate and relevant information to the dental practice.

RevenueWell hopes to make the dental insurance process smoother for both the practice and patient with this tool, according to CEO Katherine Shuman.

“Every tool we build is intended to help the practice team be successful in their jobs and deliver a positive experience for patients. And that’s what Dental Insurance Verification does. It enables practices to automate the verification process, so they have confidence knowing the data they get back is accurate and reliable, making it easier to have transparent cost conversations with patients,” Shuman said in the press release.

To learn more about Insurance Verification, or RevenueWell’s Marketing Platform, visit the website here.