Patient Payment Responsibility up 13% in One Year - Seite 3

Transunion Healthcare also is working with hospitals to stratify their bad debt portfolio through its Financial Clearinghouse suite of solutions, which determine charity eligibility, ability (propensity) to pay, as well as community or full credit analyses.

"Employing these solutions at the front of the revenue cycle is an industry best practice," said Wiik. "Given the increased payment risk to providers and the dilution of available credit, differentiating between a patients' ability versus willingness to pay will become increasingly important for hospitals. Having processes and tools in place to establish funding mechanisms will benefit the patient and provider."

The TransUnion Healthcare Report includes anonymous data estimates from thousands of providers, including hospitals and healthcare clinics from across the nation. The data points focus on patient payment responsibilities for key, commonly administered procedures. That information was, in turn, compared with financial data gathered from TransUnion's proprietary Industry Insights Report, powered by Prama℠ analytics. The TransUnion Healthcare Report looks at available revolving credit as an indicator for how consumers might cover out-of-pocket medical costs.

For more information about the TransUnion Healthcare Report, please visit http://www.transunioninsights.com/studies/healthcare. Attendees of the 2016 HFMA ANI can learn more about TransUnion Healthcare at Booth #830.

About TransUnion Healthcare
TransUnion Healthcare, a wholly owned subsidiary of credit and information management company TransUnion, empowers providers with Intelligence in an Instant^® by providing data and analytics at the point of need. TransUnion offers a series of data solutions designed to provide greater ease of use, accuracy and transparency in the revenue cycle process thereby assisting providers in lowering their uncompensated care. TransUnion Healthcare was recently rated the highest performing vendor by the KLAS 2014 Patient Access Report for its patient payment estimation and propensity to pay solutions. www.transunionhealthcare.com

About TransUnion (NYSE: TRU)

Information is a powerful thing. At TransUnion, we realize that. We are dedicated to finding innovative ways information can be used to help individuals make better and smarter decisions. We help uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity. Today, TransUnion has a global presence in more than 30 countries and a leading presence in several international markets across North America, Africa, Latin America and Asia. Through the power of information, TransUnion is working to build stronger economies and families and safer communities worldwide.

We call this Information for Good. http://www.transunion.com/business

Contact
Dave Blumberg
TransUnion
[e-mail]
312-972-6646