Healthcare
Increase point-of-service collections and improve price transparency and patient satisfaction with patient estimation software.
Patient estimation software enables healthcare providers to engage the patient with an accurate estimate of their financial responsibility, which ultimately increases collections and improves price transparency and patient satisfaction. patient estimates are driven off the same contract management platform and based on actual contract data, resulting in the highest accuracy rate possible.
Patient estimates allow front-end hospital staff to focus on internal processes and procedures while Acssel Infotech maintains the software and data. The application is so intuitive that staff can begin presenting estimates and collecting the patient’s portion at time of service within minutes of completing the training.
For healthcare providers struggling to generate consistent revenue growth, establishing a foundation of benchmark metrics for measuring the financial performance of your contract management system can be the difference in driving your bottom line.
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 proactive patient financial estimates to capture payments as early in the process as possible. Research shows that patients want to understand their financial responsibility upfront so they can better budget for their rising healthcare costs. This increases collections for the hospital, thus reducing the amount needed to write off as bad debt.
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 the 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.
Patients want to know the answer to a simple question, “how much do I owe?” The only way to answer that question, in a consumer-friendly way that meets patient needs and improves your hospital’s bottom line, is with accurate estimates of patients’ out-of-pocket costs. Acssel infotech offers both staff-facing and patient self-service price estimation tools that share the same data to deliver accurate estimates.
Record every payment like advance payment and main billing with user created and updated audit log to till release and discharge estimate.
Easy handling of co-pay wise and co-insurance wise with patient details and collection of insurance payment.
Readymade package and payment type estimate for quick billing
Estimate Number, Release Code, Advance Invoice Number And After Release Invoice Number With Sequence Wise.
User Can Easy Estimate from Mobile and Tab and Give Print to Patient Not Availability for Power Supply and Internet.
Avoid error on bed booking slot and accurate indoor registration with dependent of Patient estimate Billing and easy transfer of patient in bed management from General to ICU.
Increase pre-service cash collections
Reduce lost revenue from patient non-payment
Reduce avoidable write-offs
Reduce back-end cost to collect
Reduce operations burden
Increase staff efficiency and effectiveness
Increase staff productivity by allowing patients to create estimates
Improve patient satisfaction and enhance patient financial experience
Payment expectation preparedness for patient
Deliver virtual Patient Access Experience
Enhance brand reputation and competitive advantage
Attract new patients and retain existing patient volume
Estimate management to help to give easy advance accurate estimates for procedure advice to patients. It easy to create all type i.e. OPD (30-60 MIN), DAYCARE, INDOOR procedure in one click. Users can create estimates and can take advance payment from patients and can book temporary beds for that particular date. Users can manage from estimate creation to discharge within a second. It is easy to find patients with different tab creation estimates to create new estimates and separate estimates for OPD and lab (freezing estimate) procedure list. Advance paid list for patient paid procedure in advance. Billing list- Admitted patient list which is under indoor registration patients. Discharge but not billed patient list to check patient discharge but balance is pending from patient end. Billed and discharge list to check patient pay and discharge for the day. All Estimates display all patients which are created and released for a particular date. User can estimate estimate from mobile if outage of power supply and internet.
