Discounting
1. We receive your IOD patient accounts and capture them onto our proprietary accounts management system.
2. We validate your IOD patient accounts and supporting documents, informing you of any outstanding requirements.
3. We submit all unregistered claims for registration and adjudication to the Compensation Fund.
4. We submit your IOD patient accounts for payment once the claim is approved by the Compensation Fund.
5. We pay your validated IOD patient accounts at our discounted rate within 25 working days of receiving all the correct documentation.
Administration
1. We validate your IOD patient accounts and supporting documents, informing you of any outstanding requirements.
2. We submit all unregistered claims for registration and adjudication to the Compensation Fund.
3. We submit your IOD patient accounts for payment once the claim is approved by the Compensation.
4. We submit your validated and accepted IOD patient accounts to the Compensation Fund after which your practice is paid directly.
IOD Reporting
1. We track payments made on your IOD patient accounts by the Compensation Fund.
2. We reconcile these payments against our records.
3. We provide you with an up-to-date status on each patient account.
Training
1. We train your staff on every requirement of the claims process, the COID Act, and the gazetted rates.