What is Vericle, Inc.?
Vericle is an integrated practice management and billing software offered as a service (SaaS). It is designed to help healthcare providers and billing services streamline their operations and improve their financial performance. By leveraging Vericle’s billing network, a large number of physicians can capitalize on their collective strength, enabling them to track payer performance, share billing compliance rules, correct billing errors upfront, monitor audit exposure, identify under-payment patterns, and benefit from economies of scale.
Vericle Corporation was acquired by ClinicMind, a leading Healthcare IT and Revenue Cycle Management (RCM) service company in March, 2023. The acquisition aimed to integrate Vericle’s advanced software capabilities into ClinicMind’s offerings, enhancing ClinicMind’s talent pool, technology base, and national presence. Both companies were aligned in their mission to address payer-provider challenges and improve practice management through state-of-the-art software and process management methodologies. This strategic merger allowed ClinicMind to expand its comprehensive suite of services, which included practice management software, mobile EHR, patient portals, and medical billing services, by incorporating Vericle’s established platforms and innovative solutions
Key Features:
Vericle offers a comprehensive suite of features designed to enhance practice management and billing efficiency. Below are some of the key features:
Integrated Practice Management
- Scheduling and Appointments: Efficiently manage patient appointments with customizable scheduling options.
- Patient Records: Maintain comprehensive patient records with easy access to medical history, treatment plans, and more.
- Compliance Management: Ensure compliance with healthcare regulations and billing standards.
Billing and Revenue Cycle Management
- Claim Management: Streamline the process of submitting and managing insurance claims.
- Revenue Cycle Management: Optimize revenue cycle processes to improve cash flow and financial performance.
- Under-Payment Identification: Identify and address under-payment patterns to ensure accurate reimbursement.
Network-Level Billing
- Payer Performance Tracking: Monitor payer performance from a single point of control.
- Billing Compliance Rules: Share and implement billing compliance rules across the network.
- Audit Monitoring: Monitor audit exposure and take proactive measures to mitigate risks.
Error Correction and Monitoring
- Upfront Error Correction: Correct billing errors upfront to reduce claim denials and rejections.
- Audit Exposure Monitoring: Continuously monitor audit exposure to ensure compliance and reduce risks.
Products & Services
Vericle offers a range of products and services to support healthcare providers and billing services:
- Practice Management Software: Comprehensive software for managing patient records, appointments, and compliance.
- Billing Software: Advanced billing software for claim management, revenue cycle management, and financial reporting.
- Consulting Services: Professional services to help practices optimize their operations and improve financial performance.
Quick Facts
- Chiropractic
- Internal Medicine Sub-Specialty
- Multi-Specialty
- Occupational Medicine
- Orthopedics
- Physical Therapy
- Psychiatry
- Psychology
- 1 - 100+ Physicians
About Vericle, Inc.
Vericle offers integrated practice management and billing software as a service (SaaS) that empowers healthcare providers and billing services. By leveraging Vericle’s extensive billing network, providers can effectively manage payer interactions, benefiting from the collective strength of numerous physicians. This network enables centralized tracking of payer performance, sharing of billing compliance rules, upfront correction of billing errors, monitoring of audit risks, identification of underpayment patterns, and realization of significant economies of scale. It offers:
- Comprehensive Solutions: Wide range of features for practice management and billing.
- Network-Level Benefits: Providers can benefit from economies of scale and shared resources.
- User-Friendly Interface: Easy to navigate and use.
- Extensive Support: Comprehensive support and training programs.
- Compliance: Ensures HIPAA compliance for data security.
More Benefits
- Enhanced Financial Performance: By optimizing revenue cycle processes and identifying under-payment patterns, Vericle helps practices improve their financial performance.
- Improved Efficiency: The software streamlines practice management and billing operations, reducing the time and effort required for administrative tasks.
- Compliance and Security: Vericle ensures compliance with regulatory standards, safeguarding patient data and maintaining privacy.
- Network-Level Benefits: By joining Vericle’s billing network, providers can capitalize on their collective strength and benefit from economies of scale.
- User-Friendly Interface: The software is designed to be user-friendly, making it easy for healthcare providers to navigate and utilize its features effectively.
Support and Training Offered
- 24/7 Customer Support
- A dedicated team is available around the clock to assist via tickets, chat, email, or phone.
Training Options
- Online training courses are available, allowing you to learn anywhere and earn certificates.
- One-on-one training sessions can be scheduled with our team.
Coach Support
Connect with a dedicated coach to help you achieve your business goals.
Knowledge Base
Access and leverage resources created by an executive team to help grow your healthcare business.
Frequently Asked Questions:
Who is Vericle For?
Vericle is ideal for healthcare providers and billing services looking to streamline their practice management and billing operations. Vericle, Inc. supports a variety of medical specialties, including Multi-Specialty, Internal Medicine Sub-Specialty, Psychiatry, Psychology, Orthopedics, Chiropractic, Occupational Medicine, Physical Therapy.
What practice sizes does Vericle, Inc. cater to?
Vericle, Inc. is designed to support practices of all sizes and ideal for: 1- 100+ Physicians.
Does the software support electronic billing?
Yes, Vericle includes a fully integrated billing system, streamlining billing activities from claim management to revenue cycle management.
Is the software compliant with HIPAA regulations?
Yes, Vericle ensures compliance with HIPAA regulations, safeguarding patient data and maintaining privacy standards.
Does Vericle support mobile devices?
Yes, Vericle is compatible with mobile devices, allowing healthcare providers to access patient data on the go.
Is Vericle a cloud-based solution?
Yes, Vericle is a cloud-based platform, ensuring secure access to patient data from anywhere.
