PATIENT RESPONSIBILITY ESTIMATOR
Approximately 81% of medical practices have difficulty communicating patient payment responsibility.
Patient Responsibility Estimation allows practices to provide an estimate of the expected patient’s cost based on fee-schedules, eligibility data, historical payments, and additional criteria. Well-informed patients provide more timely payments.
In addition to real-time eligibility verification, Revenue Cycle Rx has an estimation tool to calculate the expected patient responsibility. Use the estimator to quickly and easily produce a patient’s expected out-of-pocket amount prior to providing service. It can be estimated while scheduling an appointment, during the check-in process, or at the check-out window.
- Estimate patient out-of-pocket costs
- Improved cost transparency and patient experience
- Provide cost expectations prior to providing service
- Print a patient copy and retain estimates within the patient history in Revenue Cycle Rx
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