RCM Services for Physicians, Labs and Hospitals
Credentialing , Contracting and Enrollment.
Lucido will be contacting every payer and verify Credentialing, Contracting and Enrollment status and get provider added with the payer.
Insurance Eligibility Verification and Claims Submission
Lucido verifies patients eligibility and covered services before the appointment in-order to avoid Eligibility related rejections.
Our expertise coding team with extensive knowledge of diagnosis, procedure codes, and modifiers in multiple fields, cross verifies the claims before submission.Which helps in submitting the clean claims with no rejections and Denials
Lucido assures Timely & accurate Claims filing (within 24 – 48 hours)with accurance of 99% clean Claim standard
Denial Management
Lucido expertise in keeping Minimum Accounts Receivable (AR) days,Reliability for timeliness,Transparent procedures & charges with 100% HIPPA compliance
We focus on improving key performance indicators with data analysis and outstanding A/R follow-up.
Lucido will be providing below mentioned reports on daily, weekly and Monthly basis
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Daily Billing Report will be shared ( # of claims received, billed and pending from both end)
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Weekly Billing report will be shared along with Provider query on Every Friday.
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Monthly Revenue and denied detailed report will be shared starting of every Month
Payment Posting and Patient Billing/Calling
Lucido gets the provider contracted with the insurances for the ERA and EFT services if needed and The payments posted in the system are reconciled on a daily basis.
Medicare and Commercial Payment projection will be shared on weekly basis.
Lucido will be reaching out to the patients via phone call in-order to receive any missing or additional information
Our expertise patient service team will contact patient for any patient related outstanding AR.