Patient Estimates / Patient Estimation Solutions
Increase point-of-service collections and improve price transparency and patient satisfaction with patient estimation software. As patient out-of-pocket costs continue to increase, you can confidently provide your patients with a fast, easy, and accurate cost estimate at point-of-service or online via your hospital's website.
Learn more about patient estimates today!
Patient out-of-pocket obligations are at all-time highs and the patient financial responsibility is a growing percentage of every healthcare provider's accounts receivable. The cost to collect these funds continues to grow. To address these dynamics, healthcare organizations need to implement pro-active patient financial counseling discussions to capture payments as early in the process as possible. PMMC ESTIMATOR PRO software enables healthcare providers to engage the patient with an accurate estimate of their financial responsibility which ultimately increases collections and improves patient satisfaction.
Healthcare providers often struggle with knowing if a patient is eligible for reimbursement of services billed to the insurer by the provider and how much the patient’s financial responsibility is going to be prior to a service. According to industry sources, 75% of all healthcare claim denials are because a patient is not eligible for services billed to the insurer by the provider. Often, a patient would be ineligible for benefits because his or her policy has been terminated or modified.
PMMC CareConnection empowers healthcare providers to deliver a better patient experience by providing patient estimates via your hospital's website.
Healthcare Providers are always looking for new ways to improve the patient experience. A key area of opportunity for many organizations is Patient Access. By improving processes and implementing best practice solutions, clients can improve patient satisfaction and simultaneously improve the bottom-line.
Patient estimates / patient estimation software play a key role in helping hospitals maintain 501(r) compliance.