Verification Speed
What should I expect in terms of productivity from the person who verifies insurance in my office?
Question: What should I expect in terms of productivity from the person who verifies insurance in my office?
Answer: A Expect an insurance verification clerk to complete 75 verifications per day, although technology (or the lack thereof) can affect this productivity significantly. Such technology includes online and automated-call systems for checking verification. The availability of this technology depends upon a payer’s willingness and ability to allow practices to access information regarding their subscribers.
Measure your success by tracking the number of denials you receive because the subscriber was not eligible on the date of service or some similar reason that could have been prevented by verification. Your goal shouldn’t be speeding up the process, but eliminating or reducing your denials.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
Reducing burnout with medical scribes
November 29th 2021Physicians Practice® spoke with Fernando Mendoza, MD, FAAP, FACEP, the founder and CEO of Scrivas, LLC, about the rising rates of reported burnout among physicians and how medical scribes might be able to alleviate some pressures from physicians.
