Complete Healthcare Business Consulting (CHCBC) has developed a patient estimator allowing our clients to provide clear financial expectations at time of service or before surgery, thus maximizing revenue and patient satisfaction. All of this is accomplished while ensuring your clinic complies with the 2021 No Surprise Act. Special care is taken to provide the tools necessary to inform out-of-network patients of the scope of their financial obligations.
Patients want access to prices via your website, mobile apps, email, and text alerts. They strive to make better-informed healthcare decisions with greater control over care and costs. Our patient estimator provides comprehensive cost estimations, driven by the need for transparency in medical costs.
Providing access to a comprehensive patient estimator will build patient trust and loyalty with accurate healthcare cost transparency tools. Our estimator gives patients clear financial expectations, increases revenue, reduces costly collection costs, and reduces ARs.
By choosing CHCBC for your Patient Estimator services, you’re not just implementing a tool – you’re partnering with a team that understands the intricacies of healthcare finance and can guide you towards a future of financial clarity and operational excellence. Our Patient Estimator service is backed by decades of healthcare business acumen, ensuring a solution that’s not only technologically advanced but also practically effective and seamlessly integrated into your practice’s operations.
A patient estimator is a tool or system that provides an estimate of the financial responsibilities patients have for their healthcare services at your practice. It helps give patients a clear understanding of the expected costs associated with medical procedures or services and increases collections at the time of service. Contact CHCBC to learn more about a patient estimator for your healthcare practice.
Your healthcare practice needs a patient estimator for several reasons. With the increasing demand for transparency in medical costs, patients now have the right to access pricing information. A provider is now required to provide patients with their estimated cost 4 days prior to service. Plus, many patients with large deductibles want to pay at the time of service and 80% of the practices cannot meet this demand of providing clear financial expectations to patients. This also aligns with the 2022 No Surprise Act and helps in building trust and satisfaction with your patients. Additionally, it enables your practice to inform out-of-network patients about the scope of their financial obligations. Learn more about patient estimators here.
A patient estimator will help your healthcare practice in several ways:
Find out more about how CHCBC and a patient estimator can help your healthcare practice.
Experience the power of clear financial expectations and improved patient satisfaction.
CHCBC’s Patient Estimator service revolutionizes healthcare financial transparency. This innovative tool provides accurate, real-time cost estimates for medical procedures, integrating seamlessly with existing healthcare systems. It verifies insurance coverage and benefits, ensuring precise out-of-pocket projections.
Patient Estimator offers unparalleled convenience while complying with the 2021 No Surprises Act. For healthcare providers, it enhances patient trust, improves financial planning, and reduces administrative burdens. It leads to increased collections and provides a competitive edge in the consumer-driven healthcare market.
By implementing CHCBC’s Patient Estimator, you’re not just meeting expectations – you’re setting new standards in patient care and financial clarity.
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