Prior Authorization Services from PMBS
Introduction
Prior authorization is an important part of medical billing and coding because it helps ensure patients get the right coverage for their medical treatments. Without prior authorization, an insurance company might not pay for a medical procedure or test, leaving the patient with a bill they didn’t expect. At PMBS, we know how important it is to get prior authorization quickly and correctly, which is why we offer full support to healthcare providers.
The Importance of Prior Authorization
Pre-authorization is a crucial aspect of medical billing and coding. Healthcare billing systems are beneficial to both patients and medical professionals. It helps ensure that patients receive the right coverage for their medical treatments, reduces the risk of denied claims, and streamlines the payment process. As a result, prior authorization is a powerful tool that allows healthcare providers to take preventative action to improve patient’s overall health and optimize the resources available in the healthcare system.
PMBS referral and pre-authorization services
Another greatest contributor to lost revenue is the failure to obtain a referral or authorization before performing a procedure. The most common denial in medical billing reimbursement rates is Pre-Authorization, Prior Authorization, Pre-Certification, and Notification. Not all services and procedures require a referral or pre-authorization. However, if a referral or pre-authorization is required and is not obtained, reimbursement for the procedure is put at risk.
Authorization is getting a medical service(s) authorized by the insurance carrier. Providers or Medical billing companies must contact insurers in advance and obtain a certification number to be reimbursed properly. These processes result in an authorization and referral number that providers/billing companies must use on claims submitted for payment.
Authorization is getting a medical service(s) authorized by the insurance carrier. Providers or Medical billing companies must contact insurers in advance and obtain a certification number to be reimbursed properly. These processes result in an authorization and referral number that providers/billing companies must use on claims submitted for payment.
PMBS is well aware of the Authorization and Referral process. We consider and manage it as a special project in Medical Billing Cycle because of the time and costs associated with it. Our Authorization Specialists have wide-range knowledge of functionalities and compliance with payer contractual requirements. We identify, verify eligibility, obtain insurance benefits, and ensure pre-certification, authorization, and referral requirements through all paperwork and research relevant to each case from the payers.
We Obtained prior authorizations and referrals from various payers by submitting clinical information via fax and online payer’s web portals or by speaking directly to a case management representative. We ensure end-to-end, timely, and accurate submission of prior and retro authorization and referral requests to the payers. We pledge to make everyone aware of any changes or implementations that may impact your financial growth.
PMBS referral and pre-authorization services ensure that the patient is approved for the planned service or procedure before arrival, ensuring that the first stage of the revenue cycle is completed accurately. This sets the rest of the claims process up for success.
Our authorization and referral management systems give your team the tools they need to verify insurance eligibility and make sure the correct patient authorizations and referrals are in place so they can get paid.
What is Prior Authorization?
Prior Authorization is a process that requires healthcare practitioners to get clearance from insurance company clearance before giving certain medical treatments to patients. This process makes sure that patients get the right coverage for their treatments and that doctors and physicians get paid for their services.
When is Prior Authorization Required?
Prior authorization is typically required for medical treatments considered high-cost or high-risk. This includes treatments such as surgeries, medical procedures, and certain prescription medications. The specific medical treatments that require prior authorization may vary based on insurance company policies and regulations.
How PMBS Can Help with Prior Authorization?
At PMBS, we offer a range of medical billing and coding services, including prior authorization support. Our team of experts works closely with healthcare providers to ensure that all required information is accurately submitted and processed, reducing the risk of denied claims and delays in payment. With our prior authorization services, you can simplify the process and focus on providing quality patient care.
Prior authorization is a critical medical billing and coding component, and PMBS is here to help. Our team of experts offers comprehensive support to healthcare providers, ensuring that all required information is accurately submitted and processed, reducing the risk of denied claims and delays in payment. Contact us today to learn more about our prior authorization services and how we can support your medical billing and coding needs.