Compare Inovalon Eligibility Verification vs. STATCred

The Eligibility Verification Standard enhances both patient access and billing procedures by allowing staff to efficiently assign and prioritize patients, payers, and tasks throughout the eligibility verification process. This advanced technology surpasses mere eligibility checks by offering a comprehensive dashboard for confirming, managing, and archiving every inquiry made. It accelerates the verification process through automated enrichment, correcting incomplete or improperly formatted transactions from payers. Additionally, staff can conduct multiple eligibility inquiries simultaneously via batch file uploads that swiftly verify Medicaid, Medicare, and commercial coverage. Team members can be easily assigned tasks, follow-up flags can be set, and eligibility documentation can be generated for future use. Managing patients across batches and resolving issues is simplified, requiring just a few clicks. Ultimately, this cloud-based, all-payer health insurance eligibility verification software saves time and enhances coverage accuracy, while empowering staff to handle benefit inquiries in the manner that suits them best, ensuring operational efficiency. With its user-friendly design and powerful capabilities, it transforms the way eligibility verification is approached in healthcare settings.

STATCred offers clients involved in credentialing access to their data, enabling them to examine status reports, submit information, generate exports, and liaise with their Medical Staff Coordinator. For healthcare organizations with their own credentialing teams, STATCred is adaptable to fulfill their unique requirements, enhancing the efficiency and effectiveness of the credentialing process. This customization plays a crucial role in delivering STATCred’s service guarantee, ensuring optimal workflows to meet client objectives. By eliminating the need for paper, documents can be uploaded and accessed online at any time. Additionally, it includes a variety of standard management reports, the capability to design and save personalized reports, and advanced search functionalities that allow for data queries to be exported in PDF or Excel formats for further examination and evaluation. Overall, STATCred streamlines the credentialing process while providing robust tools for data management and reporting.