Identify the patient accounts that are most likely to pay
TransUnion Healthcare Collection Prioritization solution ranks aged self-pay accounts by ability and likelihood of payment.
On average, our collections solution identifies the top 30% of accounts that will generate 80% of cash collections.
Benefits of Collection Prioritization:
Improve your health care collections processes with minimal changes to your existing systems.
- Step 1:
- A batch extract report of all open self-pay accounts is created in your patient accounting system.
- Step 2:
- File is sent through secure FTP to TransUnion Healthcare for analysis.
- Step 3:
- TransUnion Healthcare provides a Recovery Score on each account and healthcare-specific characteristics, such as Federal Poverty Level (FPL) percentage, that empirically indicate the likelihood of collecting on each account.
- Step 4:
- Prioritized results are generally delivered within 24 hours of submission.
Easily integrate TransUnion Healthcare Collection Prioritization into your existing back-end processes.