Claimsnet has announced an agreement with MedAvant Healthcare Solutions to provide a private label real-time portal for Claimsnet providers.
"By partnering with MedAvant, we will be able to help our providers enhance staff productivity and ultimately improve cash flow–a must in today's market of tightening margins," says Gary Austin, president and COO of Claimsnet. "Our clients will experience faster, error-free claims submissions leading to reduced A/R days and expedited payments."
Using the MedAvant Premium Services Portal will enable Claimsnet to offer real-time eligibility and claims status transaction capabilities to its providers. Real-time eligibility verifies a patient's insurance and benefits coverage electronically, which helps providers increase upfront collections, reduce manual verification of insurance information, improve the accuracy of bills, and streamline workflow. Providers also can use the MedAvant portal to determine quickly the status of a claim and establish whether it is pending, in review, or rejected.
"We are proud to partner with Claimsnet and offer its providers time-saving applications that will allow them to operate more efficiently and improve the financial health of their practices," says Andrew Lawson, president of MedAvant. "The MedAvant portal will extend Claimsnet's claims processing capabilities and provide clients a more complete service offering."
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