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Emdeon and BroMenn Healthcare System Take the Lead on Consumer Price Transparency
Date:8/24/2009

NASHVILLE, Tenn., Aug. 24 /PRNewswire/ -- Emdeon, a leading provider of revenue and payment cycle management solutions for the healthcare industry, and BroMenn Healthcare System, headquartered in Bloomington-Normal, Illinois, recently implemented the Emdeon Patient Responsibility Estimator(SM) solution. Emdeon Patient Responsibility Estimator is an interactive software application used by BroMenn's patient access staff to inform patients of their financial responsibility prior to care delivery.

As patient out-of-pocket expenditures continue to rise, both patients and providers need transparency in the price of healthcare, particularly regarding patient financial responsibility in consumer-directed and other high-deductible health plans. Emdeon Patient Responsibility Estimator enables providers to increase revenue collection, decrease A/R days and reduce patient bad debt by delivering accurate and timely information about patient collectible amounts. This real-time solution gives quick access to estimates of patients' out-of-pocket expenses so providers can inform patients of expected costs and collect or hold funds during scheduling, registration, at time-of-service or at check-out.

"We are excited to support BroMenn's mission of improved health and well-being," said Philip Hardin, executive vice president of Emdeon Provider Services. "A knowledgeable patient is an empowered consumer. In any purchasing decision, consumers deserve to know the scope of treatment and costs in order to make intelligent choices. Healthcare is an industry that has not traditionally delivered this level of transparency to its consumer until after the service has been rendered. By setting the proper expectation prior to treatment, consumer payment estimates can alleviate patients' concerns around costs and improve the patient experience," Hardin said.

"We are delighted with the results we have achieved
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SOURCE Emdeon
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