"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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