CorVel's Clearinghouse can eliminate up to a month of the normal payment cycle, relieving the stress and hassle of payment processing. Our complete billing solution is designed to offer full connectivity, bill editing and analytic services to healthcare providers, payors, employers and state administrators.
CorVel's Clearinghouse services allow providers alternative interface solutions, permitting full compliance with all regulatory requirements. Incoming medical bills from providers will be edited to ensure complete and accurate information. Any necessary attachments will be automatically combined with and included in all submissions for medical reimbursement review. CorVel seamlessly manages referrals between providers and also coordinates patient scheduling.
CorVel’s Clearinghouse services will also improve payment turnaround time with our EFT capabilities. With electronic funds transfer, payments from payors to providers happen in real time, which, coupled with our electronic billing capabilities, dramatically improves billing cycle efficiencies.
Integrated with CorCare national PPO, CorVel’s Clearinghouse and EFT solutions provide national compliance with state legislation, including new electronic bill requirements in Texas, Minnesota and California.
Click here to request more information on CorVel's Clearinghouse services.