Careviso Unveils New Coordination of Benefits Feature
Careviso, a leader in healthcare patient access technology, has introduced an innovative Coordination of Benefits (COB) feature in its seeQer platform and API. This feature aims to revolutionize the way healthcare organizations process multiple insurance coverages, ensuring that patients receive the most accurate eligibility and cost estimates possible.
Importance of Coordination in Healthcare
In today's complex healthcare landscape, many individuals have more than one type of health insurance coverage. Recent data indicates that a significant portion of the population, approximately 43.1 million people, manage multiple insurance plans simultaneously. Given this scenario, having a robust system to coordinate benefits becomes essential for healthcare providers.
How the New Feature Works
The new COB capability allows users to input secondary insurance details directly through the seeQer platform or the provided API. The system seamlessly identifies the primary and secondary payers and verifies eligibility for both coverages automatically. This means healthcare organizations can provide their patients with comprehensive plan information in a fraction of the time.
Benefits of the COB Functionality
This advanced capability enables healthcare providers to calculate a total estimated patient responsibility that accurately reflects out-of-pocket costs for those using multiple insurance plans. Patients will likely experience reduced confusion and improved clarity regarding their financial responsibilities.
Real-Time Efficiency
In addition to accuracy, the speed of service is a key advantage. Careviso's CEO, Andrew Mignatti, emphasized that by deploying the seeQer solution, teams can retrieve verified insurance information within just 20 seconds, significantly reducing the time spent on phone calls to determine coverage details. This shift allows healthcare providers to concentrate more on delivering care rather than administrative tasks.
Implementation and Accessibility
The COB feature is now implemented and readily available to patient support service providers via Careviso's API and the seeQer portal. This rollout marks a significant milestone in Careviso’s ongoing mission to simplify healthcare processes and expand access to real-time benefits data for both patients and providers.
About Careviso
Careviso has emerged as one of the healthcare technology sector's most innovative companies. The organization has developed a comprehensive platform, seeQer, which not only enhances patient access to care but also simplifies the process of delivering essential cost estimates, making administrative requirements clear, and facilitating quick approvals through efficient workflows.
Initially focused on laboratory services, Careviso has broadened its reach and now caters to a larger demographic within the healthcare environment. The company’s mission is focused on providing patients, healthcare providers, and payers with unsurpassed access to healthcare, aiming to automate complex challenges such as prior authorizations and enhancing financial transparency for all stakeholders.
Frequently Asked Questions
What is the Coordination of Benefits (COB) feature by Careviso?
The COB feature allows healthcare organizations to accurately process multiple insurance coverages, identifying primary and secondary payers effectively.
How does Careviso's technology enhance patient access to care?
By providing real-time cost estimates and administrative information, Careviso's technology streamlines workflows, making healthcare more accessible.
How quickly can the seeQer platform verify insurance coverage?
The platform can verify primary and secondary insurance information in just 20 seconds, greatly improving efficiency for healthcare providers.
Who can benefit from the COB feature?
Patient support service providers can utilize the COB feature to enhance their operations, ensuring better financial transparency and eligibility verification for patients.
What is Careviso's mission?
Careviso aims to support patients, healthcare providers, and payers by facilitating access to healthcare and automating complex processes, increasing overall efficiency within the healthcare system.
