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Availity Teams with Thomson Reuters to Integrate Treatment Cost Calculator
Date:6/1/2009

Solution to Help More Health Plans Deliver Price Transparency

JACKSONVILLE, Fla., June 1 /PRNewswire/ -- Availity, LLC, the industry's premier health information network, today announced an agreement with Thomson Reuters to integrate its Treatment Cost Calculator into Availity's financial estimation solution, CareCost Estimator(SM). Through this agreement, Availity will offer health plan customers additional tools to derive cost estimates for delivery to providers through CareCost Estimator.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080715/CLTU028LOGO )

Health plans that support CareCost Estimator today calculate treatment estimates using their internal systems and deliver the information to Availity to display to the provider in real-time. This gives providers the information they need to collect the patient's financial responsibility at the point of care, helping to improve the practice's cash flow and accounts receivable. The integration of the Cost Calculator helps Availity respond to those health plans that need solutions for generating the treatment estimates.

"Patients need accurate, customized cost estimates to make informed decisions about their care," said Russ Thomas, president and chief operating officer for Availity. "Working with Thomson Reuters is another step Availity is taking to advance cost transparency and improve provider and patient satisfaction."

"We are delighted to work with Availity to help advance transparency in health care," said David Crean, senior vice president for the Health Care and Science business at Thomson Reuters. "Integrating the Treatment Cost Calculator within the Availity portal and the provider workflow helps to further our shared mission of delivering re
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SOURCE Availity, LLC
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