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CareVault in the News

CBR Online

September 22 , 2008

CareVault Releases New Version of Verify Insurance eligibility Software

Yahoo! News

September 18. 2008

CareVault Launches Verify 2.5

Udent

September 18, 2008

CareVault Launches Verify 2.5

American Academy of Professional Coders

July 9, 2008

Insurance Eligibility

The Wall Street Journal

August 14, 2007

Google and Microsoft: Healthcare Giants?

 

CareVault Press Releases

CareVault Launches Verify 2.5 Health Insurance Eligibility Solution

Software Helps Healthcare Providers and Billing Services Reduce Collection Times and Decrease Risk of Revenue Loss

San Carlos , Calif. – September 17, 2008 - CareVault, a leading provider of health information management solutions, today announced the release of version 2.5 of its CareVault® Verify insurance eligibility check software. CareVault Verify 2.5 adds several powerful and easy to use new features, including an intelligent eligibility query capability. With CareVault Verify 2.5, users can also export patient eligibility information to compatible electronic medical record systems (EMR’s) and practice management systems (PMS's). Using CareVault Verify's simple and intuitive interface, users can securely connect to multiple insurance companies and IPA’s and check patient insurance eligibility in seconds.

CareVault Verify is designed for providers and billing services that do not want to deal with long software deployment cycles but want to reduce billing errors, decrease wasted administrative staff time, and improve the timeliness and amounts of their collections.

“It’s absolutely critical to verify patient insurance eligibility before providing care; there are so many variations across plans that we have to know beforehand what the specific coverage is, how much is the current co-payment and deductible, and much more,” said Dr. Scott Harrison, a pediatrician in Orange County, California. “Historically, we did this through phones and faxes or by logging on to multiple websites, all of which are inefficient and time-consuming approaches; CareVault Verify provides the accuracy and detailed information we need in seconds, without wasting precious staff time.”

CareVault Verify provides a quick to install, easy to use, and cost-effective solution for eligibility verification. The solution, running on a standard PC, allows staff to see detailed information on co-payments, co-insurance, deductibles, plan-specific limitations and much more, with minimal data entry and without calling, faxing or traversing various different websites. The patient information, retrieved within seconds, allows the user to check patient eligibility and co-payments, apply deductibles or charge uncovered patients prior to providing service; decreasing collection time and revenue risk.

Verify 2.5, the latest version, adds a new intelligent query capability enabling users to check insurance eligibility using only the patient's name and date of birth or, if they prefer, the patient's member ID and date of birth. In addition, even if the patient does not know the name of their insurance company (or is using outdated insurance company information), CareVault Verify 2.5 can search multiple major insurance companies concurrently to find current and past insurance eligibility information.

Once the user captures the patient's insurance eligibility check information, they can then export it from CareVault Verify 2.5 to a compatible EMR or PMS using HTML, TIFF or RTF file formats.

CareVault Verify 2.5 is available now. For more information, contact CareVault at info@carevault.com or visit CareVault on the Web at www.carevault.com.

About CareVault
CareVault Corporation is a leading provider of solutions for health information management for provider offices and patients. The company’s distinctive software offerings, CareVault Verify and CareVault Manage, provide rapid value to users by enabling them to manage critical health information ranging from patient insurance information to demographic and medical history. CareVault is headquartered in San Carlos, CA, with offices and representatives across the United States.

CareVault and the CareVault logo are registered trademarks or trademarks of CareVault Corporation. All other trademarks or service marks are the property of their respective owners.

 

Industry News

The healthcare information technology sector is getting a lot of attention from industry experts, government officials and the press. We've provided links to some of the most relevant articles here.


New York Times

June 6 , 2009

If All Doctors Had More Time to Listen

Wall Street Journal

March 26, 2009

Docs, Hospitals Skip Electronic Records for the Same Reason

New York Times

February 28, 2009

How to Make Electronic Medical Records a Reality

ZDNet Healthcare

June 13, 2008

Chronic conditions break the bank

MSNBC.com

May 19, 2008

Google Health launches amid privacy concerns

US News & World Report

February 2008

Privacy Promises Are Central to Google Health
American Health Information Management Association
June 2007
Selling Physicians on EHRs: Illustrating the Benefits to Care, the Importance of Data
Modern Healthcare Online
June 12, 2007
Patient Consent Key to Adoption of Health IT
The New York Times
(registration required)
June 11, 2007
Who Pays for Efficiency?
The Atlanta Journal-Constitution
June 22, 2007
I Don't Like Talking About It
GovernmentExecutive.com
June 19, 2007
Electronic Health Records Must Prove Their Worth