A healthy bottom line depends on earned revenue getting paid. As patients become the new payer, it's more important than ever to engage them early in the financial process. TransUnion Healthcare offers patient access solutions with guided workflows to improve patient engagement. Our solutions — which provide rich, consumer data assets and insights into consumer financial behaviors — increase registration process accuracy and create a more transparent and positive patient experience.
It's a win-win: Patients understand the costs associated with care in advance, and you get streamlined processes that often result in higher propensity for payment from patients up front.
Improve registration accuracy and collection efforts by verifying patient contact information at the point of service. Our Identity Verification solution validates patient demographic information in real time against our robust proprietary sources, and helps confirm patient identity, reduce mail costs and helping ensure HIPAA compliance.
Avoid processing errors and denials, eliminate costly reworks and ensure earned revenue gets paid. Insurance Eligibility helps verify patients' insurance in real time, including copays, coinsurance and deductible information. Claims Status helps accelerate claim resolution with up-to-date status information.
Confirm payer rules and requirements to identify potential coverage issues in advance of a medical procedure and prevent denials. Our healthcare authorizations solutions automatically screen for Medicare medical necessity requirements and commercial, payer-specific prior authorization rules.
Increase payment transparency by accurately estimating patients' out-of-pocket costs prior to treatment. Patient Payment Estimation enables staff to have up front conversations with patients about their financial responsibilities, increasing point-of-service collections.
Make quick, informed decisions about a patient's propensity to pay or likelihood to qualify for financial assistance during registration and financial counseling. Patient Financial Clearance solutions provide a complete picture of a patient's identity and monetary situation through financial estimates, along with an objective, automated charity program enrollment process.
TransUnion Healthcare's patient access solutions improve your workflows and ensure a more stress-free patient experience — leaving you better equipped to collect more cash up front.Request a demo
42% increase in point-of-service collections from 2013 to 2017*
$31.8 million increase in point-of-service collections*
98% of U.S. insured lives covered by our Insurance Eligibility solution**
1 HFMA staff and volunteers determined that these products met specific criteria developed under the HFMA Peer Review process. HFMA does not endorse or guaranty the use of these products.
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