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TransUnion Addresses Ohio Attorney General's Concerns Surrounding Non-Profit Tax-Exempt Status
Date:2/25/2008

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"As healthcare organizations prepare for the 2009 tax year, hospitals will be able to utilize TransUnion's resources to help them retain their tax-exempt status," Callahan said.

In addition to providing access to consumer databases, TransUnion's Healthcare Revenue Cycle Platform provides the following benefits:

-- Reduces fraud resulting from invalid self-reported data, ensuring

charity care is the appropriate program for the truly needy.

Subsequently, this practice allows hospitals to capture more revenue

from third party sources that can be earmarked for community benefit.

-- Tracks, stores and provides audit-ready documentation of charity care

used to qualify for Hospital Care Assurance Program (HCAP)

reimbursement in a timely manner. HCAP is the Ohio Department of Job

and Family Services' mechanism for meeting the federal requirement to

provide additional payments to hospitals which provide a

disproportionate share of uncompensated services to the indigent and

uninsured.

-- Determines patient status for each hospital visit to eliminate the

possibility of providing charity care to those who no longer qualify

for it.

-- Eliminates the potential for quarterly/year-end surprises and provides

hospitals the ability to modify charity policies in order to stay in

compliance with state/local guidelines. Reduces staff time typically

required to capture and provide documentation.

About TransUnion

As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools,
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SOURCE TransUnion
Copyright©2008 PR Newswire.
All rights reserved

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