In a recent post, I outlined a revenue cycle management plan to help providers address the challenge of improving collections and reducing bad debt. For many organizations, considering a potential business partner for revenue cycle solutions is top of mind. Here are three recommendations on what to look for:
TransUnion Healthcare is a division of TransUnion, a global information solutions company that serves both businesses and consumers in 33 countries. Since its inception 12 years ago, TransUnion Healthcare has focused primarily on revenue cycle management and on maximizing reimbursement and cash flow in healthcare organizations.
We maintain that focus through three key areas: 1) patient access, 2) financial navigation and 3) revenue recovery. We positively affect all aspects of the revenue cycle with a “hard dollar” return on investment. The solutions we offer help our customers recoup real cash for their businesses. TransUnion Healthcare’s current customer base includes more than 1,100 hospitals and 25,000 physician practices.
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More than $10 million in recovered revenue annually for academic medical center