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TransUnion Revenue Manager(SM) Meets Healthcare Challenges Brought On By Today's Economy with New Features
Date:6/15/2009

SEATTLE, June 15 /PRNewswire/ -- As the slumping economy continues to pressure healthcare organizations, more emphasis has been placed on streamlining costs and creating additional efficiencies while continuing to verify patient identity and insurance eligibility and to qualify those in need for charity care or self-pay discounts. To meet the demands of the changing healthcare landscape, TransUnion announced today new enhancements to its patented Revenue Manager(SM) solution at the HFMA's Annual National Institute (ANI) Healthcare Financing Conference.

"For more than 18 months the nation has endured a recession and the negative impact of the economic downturn on hospital balance sheets has been substantial," said Rod Bazzani, executive vice president in TransUnion's healthcare group. "TransUnion's Revenue Manager platform was originally designed to pinpoint inaccurate identity information, to assist patients in qualifying for charity care or other discounts and to help hospital collect on the millions of dollars of bad debt they face each year. As the economy has worsened, TransUnion has made updates to Revenue Manager that should help hospital administrators be even more efficient in key patient qualification, verification and collection processes as their staffs confront higher numbers of uninsured and uninsured patients."

Revenue Manager is an ASP-based technology platform that determines in real time, patient identity and eligibility for financial assistance at the time of registration. With TransUnion's enhancements to Revenue Manager, healthcare administrators will now be able to do the following:

  • Manage supporting documents for patient financial assistance applications efficiently and securely online. For instance, Revenue Manager now includes an online checklist of supporting documents, such as paystubs, bank statements or W2s, for financial assistance progra
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SOURCE TransUnion
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