Summary: RevenueWell launches Dental Insurance Verification, automating insurance verification for dental practices. The tool pulls data from provider portals and clearinghouses, ensuring accuracy and saving time. Benefits include high data accuracy, improved efficiency, shortened appointment lead times, and enhanced patient satisfaction. Practices can provide cost estimates based on verified insurance information.

Key Takeaways:

  • RevenueWell’s Dental Insurance Verification automates insurance verification directly from provider portals and clearinghouses, ensuring accuracy.
  • The tool improves practice efficiency by minimizing time spent on manual verification processes, allowing more time for patient care.
  • Shortened appointment lead times and transparent communication on coverage and costs enhance patient satisfaction and trust in the practice.

RevenueWell announced the launch of its Dental Insurance Verification, an automated tool to verify patients’ insurance.

As an add-on to the RevenueWell Marketing Platform, Dental Insurance Verification is designed to help dental practices deliver accurate, reliable insurance information to patients. The tool automates the verification process so front office teams can provide up-to-date insurance information to patients, so they know what’s covered and what they’ll owe.

“Dental practices continue to carry the burden of inefficient, inaccurate, and often costly insurance verification tools,” said Steve Prosser, chief technology officer of RevenueWell. “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 Dental Insurance Verification benefits include:

  • High data accuracy and quality: Receive accurate, up-to-date insurance information from the RevenueWell system which pulls data directly from the provider portals, clearinghouses, and PMS data. It scrubs the data to ensure practice teams receive up-to-date information related to coverage, cost breakdown, histories, and more.
  • Better efficiency: Automation can minimize the time spent making phone calls or navigating provider portals, allowing practice teams to spend more time with patients and other critical tasks.
  • Shorten appointment lead time: Verify insurance information faster to get patients in sooner for their appointments, instead of waiting days or weeks for insurance details by mail.
  • Improved patient satisfaction: Facilitate transparent communication around coverage and costs with patients to help patients understand their financial responsibilities so they can make informed decisions around their dental care. Patients are more likely to return to the practice and accept treatments because they trust the practice team to give them the right information around their insurance.

Insurance verification helps practices verify a patient’s insurance prior to their appointment. Practices will receive a form containing a full benefits breakdown or eligibility details based on what the system provides. Practices can download all this information directly from RevenueWell and use this information to provide patients with cost estimates.

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