Inovalon Insurance Discovery

About

Insurance Discovery is a powerful SaaS solution that helps healthcare providers maximize reimbursements and avoid uncompensated care. High-performing financial results require effective resources and processes working together, and Insurance Discovery helps optimize your revenue cycle outcomes. This software helps ensure every applicable payer is identified for a claim. Its robust algorithms search patient information against public and private payers to identify primary, secondary, and tertiary coverage – with confidence scoring and differentiation of managed care and advantage plans. This returns an average insurance identification hit rate of 39.7% on uninsured accounts, 1 allowing more claims to go directly to payers vs. being identified as self-pay, charity, or bad debt. 1. Inovalon internal reporting, July 2022. Individual results may vary.