MASS MEDIA DISTRIBUTION NEWSWIRE

Doctors increase profit by using quick new system to verify Medicare
July 30, 2007

 

Doctors increase profit by using quick new system to verify Medicare eligibility and deductible status

Checkmedicare.com, a subsidiary of ICS Software Ltd, is proud to give doctors the ability to check their patient’s eligibility and deductible status through a website at www.Checkmedicare.com .  It takes just a few seconds to get results that will have a direct positive impact on the practice and will increase cash flow.  Once the account is activated doctors will receive 10 clicks for free.  

The following information is required to check eligibility:
1. Patient’s correct Medicare number
2. Date of birth
3. First and last name  
4. Date of service

The results contain the following information:
1.    Patient’s Medicare eligibility status.
2.    REMAINING deductible amount.  This is important because the office will know how much money to collect from the patient at the time of the visit.  Depending on the practice management software vendor, if Medicare is made aware on the claim that the office collected the patient’s deductible while another physician already collected it, Medicare will refund the patient.
3.     Did the patient opt out of Medicare and now has an HMO?
4.    What HMO did the patient switch to?  If they opted out of Medicare and are now with an HMO that requires a referral, or if the Doctor does not participate with that HMO they can catch those patient’s that may have treated for FREE.
5.    Checkmedicare also gives information that lets you know how many days are left for nursing homes.

The CEO of ICS Software Ltd, Ken Katz states, “Doctors are now starting to feel the affects of the HMO’s on their bank accounts. Medicare patients are switching out of Medicare and transferring to an HMO for the cost of a bagel.  This service will save the staff time that could be better spent going after accounts receivables, and save the doctors money because now they are getting real time information that is accurate and priceless.”

Future plans for ICS Software Ltd, include the ability to check claim status and commercial eligibility.

Contact Information:
Debra Lieber
VP of Sales
ICS Software Ltd
3508 Hargale Rd
Oceanside NY, 11572
Phone: 516-766-2129
Fax: 516-763-1017
http://www.icssoftware.net/

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Press Release Summary

Checkmedicare.com, a subsidiary of ICS Software Ltd, is proud to give doctors the ability to check their patient’s eligibility and deductible status through a website at Checkmedicare.com.