Reduce Patient Bad Debt with MPV Self Pay Verification
As the number of self-pay patients continues to grow, the challenges healthcare organizations face when collecting payment also increase. Many accounts covered by Medicaid and Managed Medicaid are never properly billed or classified, resulting in lost reimbursement opportunities. Unidentified Medicaid patients contribute significantly to patient bad debt, making it critical that healthcare organizations are able to quickly and easily identify covered patients. In fact, many self-pay patients unknowingly have Medicaid coverage, which means providers are eligible to receive reimbursement for their care.

MPV Self Pay Verification electronically matches self-pay patients against Medicaid databases, enabling groups to determine eligibility at multiple touch points throughout the revenue cycle. Once identified, patient accounts eligible for benefits can be re-classified and a clean claim can be submitted, providing additional reimbursement opportunities while reducing collection costs and patient bad debt. On average, MPV helps organizations collect four percent of their self-pay balance every month—a significant return on investment.

MPV Self Pay Verification also enables provider groups to:

Separate billable Medicaid patients from the self-pay group
Optimize cash flow
Decrease A/R days
Streamline staff workflow
Enhance data integrity

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	Management Team Board of Directors Careers Associate Benefits Contract Management Contract Management Contract Analysis Undercharge Report Patient Portion Pricer Eligibility Management Eligibility Self Pay Verification Address Verification Patient Payment Management Patient Portion Pricer Eligibility Self Pay Verification Address Verification New Solutions Payer Alerts Contract Management ASC Laboratory Training Implementation Support Account Management Press Releases Case Studies Articles Events Calendar Media Kit SOLUTIONS Contract Management Contract Management Contract Management ASC Contract Analysis Undercharge Report Patient Portion Pricer Eligibility Management Eligibility Self Pay Verification Address Verification Patient Payment Management Patient Portion Pricer Eligibility Self Pay Verification Address Verification PAYER ALERTS Payer Alerts SELF PAY VERIFICATION Reduce Patient Bad Debt with MPV Self Pay Verification As the number of self-pay patients continues to grow, the challenges healthcare organizations face when collecting payment also increase. Many accounts covered by Medicaid and Managed Medicaid are never properly billed or classified, resulting in lost reimbursement opportunities. Unidentified Medicaid patients contribute significantly to patient bad debt, making it critical that healthcare organizations are able to quickly and easily identify covered patients. In fact, many self-pay patients unknowingly have Medicaid coverage, which means providers are eligible to receive reimbursement for their care. MPV Self Pay Verification electronically matches self-pay patients against Medicaid databases, enabling groups to determine eligibility at multiple touch points throughout the revenue cycle. Once identified, patient accounts eligible for benefits can be re-classified and a clean claim can be submitted, providing additional reimbursement opportunities while reducing collection costs and patient bad debt. On average, MPV helps organizations collect four percent of their self-pay balance every month—a significant return on investment. MPV Self Pay Verification also enables provider groups to: Separate billable Medicaid patients from the self-pay group Optimize cash flow Decrease A/R days Streamline staff workflow Enhance data integrity