Hospital Patient Estimate / Estimation Solutions
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.
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PMMC ESTIMATOR PRO enables healthcare providers to engage the patient with an accurate estimate of their financial responsibility which ultimately increases collections and improves patient satisfaction.
Immediate Results Due to User-friendliness
For the IT/IS Department, a web-based deployment methodology allows users to focus on internal process and procedures while PMMC maintains the software/hardware/data. The application is so intuitive, users consistently begin presenting estimates and collecting the patient’s portion at time of service within minutes of completing the training.
System Integration Streamlines the Process
Through ADT interfaces to the registration, patient accounting, the scheduling system as well as a 2701/271 data exchange for eligibility data, PMMC has worked to eliminate as many double-entry of data elements as possible. Post-estimate generation, PMMC can also export the completed estimate to your document imaging system or to a patient accounting notes field. PMMC also leads the market with all services including Inpatient, Outpatient, Ambulatory Surgery, Emergency Department & Procedure Codes being active at the Go-Live (no delays!).
Patients have many concerns about their health and the services they require. Help them to set their expectations and to understand what their financial obligations will be. By informing them of their cost prior-to-service, you allow them to make an educated decision on when they want to receive care. In many cases, providing an upfront estimate not only reduces your bad debt, but it can also help them reduce their out of pocket costs.