What is direct payment by insurer in SAP IS-H - SAP for Healthcare?

SAP Term: direct payment by insurer

• Component: IS-H

• Component Name: SAP for Healthcare

• Description: SAP Healthcare - Industry-Specific Components for Hospitals Payment method according to which the insurance providers recieve and pay the invoices directly. As opposed to reimbursement by the insurer.

Smart SAP Assistant

• Key Concepts: 
  Direct payment by insurer is a payment method used in the IS-H SAP for Healthcare system. It allows insurers to directly pay for services provided to their customers, eliminating the need for the customer to pay out of pocket. This payment method is often used in cases where the customer has a pre-existing agreement with their insurer. 
  
  How to use it: 
  In order to use direct payment by insurer, the customer must first have an agreement with their insurer. Once this agreement is in place, the customer can then provide their insurance information to the healthcare provider. The healthcare provider will then submit a claim to the insurer, who will then process the claim and make a direct payment to the healthcare provider. 
  
  Tips & Tricks: 
  When submitting a claim for direct payment by insurer, it is important to make sure that all of the necessary information is included. This includes the patient’s name, insurance policy number, and any other relevant information that may be required by the insurer. Additionally, it is important to ensure that all of the services provided are covered under the patient’s insurance policy. 
  
  Related Information: 
  Direct payment by insurer is just one of many payment methods available in IS-H SAP for Healthcare. Other payment methods include self-payment, third-party billing, and government reimbursement. Additionally, IS-H SAP for Healthcare also offers a variety of other features such as patient scheduling, medical records management, and billing and coding.