Healthcare Solutions ClearIQ Patient Payment Estimation Get credible patient payment estimates for medical services at or before the point of service. ClearIQ Patient Payment Estimation is a contracts-based estimation engine with the ability to produce individual or combined technical and professional estimates. Patient Payment Estimation analyzes the provider’s negotiated contractual reimbursements; the historical procedural information along with the charge description master information; and patientspecific, year-to-date benefit data to arrive at the most credibly defensible estimate of the patient’s out-of-pocket financial responsibility prior to the procedure. Using ClearCode Auto Add technology—a unique feature that automatically adds any other related procedure codes that have been done in conjunction with each other—Patient Payment Estimation ensures that codes normally performed together are always included, resulting in a better patient payment estimate. With ClearIQ Patient Payment Estimation, you can: →→ Increase price transparency →→ Increase point-of-service collections →→ Improve patient satisfaction →→ Improve workflow efficiency with Touchless Estimation, a unique feature that automates the process of generating an estimate “Patient Payment Estimation has given my team the confidence to ask for patient payments up front. My staff trusts the estimates we’re generating on the front-end and patients are receptive to the information we’re giving them. Now that this trust has been established, collecting payments up front is much easier today than before the automated system was put into place. Since implementing Patient Payment Estimation, we’ve been able to increase pointof-service collections by 50%.” - Michelle Paoletti Patient Access Manager, Saint Alphonsus Medical Center * HFMA staff and volunteers determined that this product met specific criteria developed under the HFMA Peer Review Process. does not endorsethat or guarantee the * HFMA staff HFMA and volunteers determined TransUnion ID and Verification, useAddress of these products.Insurance Eligibility, Ability-to-Pay Determination and Patient Payment Estimation (ClearQuote) have met specific criteria developed under the HFMA Peer Review Process. HFMA does not endorse or guarantee the How ClearIQ Patient Payment Estimation works: →→ Step 1: Patient demographic and service information is autopopulated within ClearIQ via a standard HL7 feed. →→ Step 2: Procedure and diagnosis codes are added. →→ Step 3: Patient Payment Estimation aggregates patient procedure and benefit information and generates an estimate of the patient’s out-of-pocket responsibility for review. →→ Step 4: A printable, customizable letter is presented to the patient. The letter contains the patient’s demographic, procedure, benefit and payment information, which can combine facility and clinic estimates or be broken out by facility. The first HFMA peerreviewed solution of its kind, ClearIQ Patient Payment Estimation is able to generate many types of estimates, including pre-inpatient, outpatient, ambulatory surgical center and professional fees. ClearIQ Patient Payment Estimation produces a credible estimate that clearly indicates what the patient owes for medical services. learn more Find out more about Patient Payment Estimation. Call 888-791-3088 or visit transunionhealthcare.com today. © 2015 TransUnion Healthcare, Inc. All Rights Reserved
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