Billing and Accounts Receivable

CareVoyant Billing and Accounts Receivable module is an integrated healthcare billing engine capable of managing disparate payer requirements across multiple lines of business. CareVoyant provides effective revenue cycle management by integrating patient registration, eligibility verification, scheduling, claims management, electronic remittance and collections management functions.

CareVoyant Claims Scrubber includes user-definable claims validations, along with the claims management tools, that enable practices to send clean claims and reduce collections time and effort. Electronic remittance functions enable practices to post payments electronically, thereby eliminating errors and redundant data entry. CareVoyant Financial Reports and Dashboards enable practices to quickly analyze their financial performance.

CareVoyant Billing / AR:

• CareVoyant Billing Engine brings together billing requirements for multiple lines of business.
• Integrates patient registration, eligibility verification, scheduling, billing, electronic remittance and collections.
• Ability to maintain unlimited plans per patient.
• Ability to maintain fee schedules for insurance plans.
• Supports ANSI 270/271 for Eligibility Verification.
• Ability to handle billing for Medicare PPS, Private Duty and Hospice.
• Ability to handle UB04 and 1500 requirements together.
• Ability to handle electronic (ANSI 837) and paper formats.
• Ability to adjust claim formats to meet insurance plan requirements.
• Claims Scrubber built-into claims management functions.
• Ability to correct claim errors as part of the claims processing function.
• Automatic generation of secondary claims.
• Statement functions manage private pay patients.
• Supports ANSI 835 for Electronic Remittance functions.
• Collections Manager manages the claims & account collection process.