Verification of Benefits
The success of your business relies greatly on the accuracy of each verification of insurance benefits. Obtaining benefits with the highest possible accuracy in most timely and effective manner is imperative for the success of your organization. Our team of experienced Verification Experts provide robust and tailored verification of benefits will help you and your patients make informed decisions.
At Spectrum, we understand that this critical function can determine the length of time you have with your client which is a dominant factor for success. From initial authorization to discharge review, our Utilization Advocacy Specialists petition for the maximum length of stay to help your client get the treatment they need.
Our integrated and streamlined billing services lower our client’s operational costs and increase reimbursement. From our multi-level attendance review to our integrated service platform, Spectrum Billing Service’s data-driven approach reduces denials and medical record losses.
Optimizing insurance collections provides the necessary cash flow to reinvest in patient services. At Spectrum, we are committed to working claims to maximize your reimbursement in the most efficient and effective manner. Our denial management system gives our Collection Advocates the edge needed to achieve our industry-leading collections.
Whether Paid-to-Patient policies or Patient Balance Collections, Spectrum has the experience and expertise to assist your organization. Often confusing for facilities, subscribers, and patients alike, Spectrum’s specialized Collections Advocates are trained in creating the necessary professional relationships to not only meet statutory requirements but also produce the highest possible patient collections.
We understand that the landscape of insurance reimbursement is continuously evolving and increasing in complexity. Successful businesses depend and thrive on analyzing current, meaningful data. Our custom-built data warehouse gives us the unique capability to provide you with specialized interactive dashboards that make your data work for you. Our dashboards provide real-time data so you can make informed decisions, improve performance, and bring your organization to the next level.