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TransUnion and Benchmark Revenue Management Partner to Deliver Comprehensive Revenue Cycle Offering
Date:7/8/2008

CHICAGO and SAN DIEGO, July 8 /PRNewswire/ -- TransUnion and Benchmark Revenue Management announced today a partnership that will allow hospitals to provide better financial avenues to patients seeking assistance. The collaboration will marry TransUnion's patented healthcare revenue cycle platform and predictive analytics capabilities with Benchmark's Web-based business intelligence, dashboard reporting and workflow solution set.

TransUnion's healthcare revenue cycle platform -- Revenue Manager(SM) -- is a leader in several key patient access and revenue cycle areas, including patient registration, time of service collections, risk scoring, front-end financial counseling and entitlement and charity program qualification. Benchmark has enjoyed significant success in the revenue cycle market with a Web-based solution set that drives workflow in both patient access and the business office, allowing hospitals to maintain performance through powerful business intelligence, dashboards and real-time productivity monitoring coupled with a comprehensive alerting system.

"Together, our offerings ensure that a hospital protects its patient revenue and optimizes every opportunity to qualify patients for eligible programs," said Mike Snitman, vice president of TransUnion's healthcare group. "Hospitals face daily challenges to keep up with the enormous volume of information and complex processes related to charity and uncompensated care for patients. Offering our platform alongside Benchmark's solutions will enable hospitals to provide their patients with optimal financial advice and ensure that their team is working as efficiently as possible, on the right tasks."

Both Benchmark and TransUnion's solutions can be implemented and fully operational for customers in just six weeks. Tyson McDowell, CEO of Benchmark, commented on the timeframe: "The fact that we both feel strongly about implementing and returning on the customer's investment quickly undersc
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SOURCE TransUnion
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