TransUnion Extends Reach of Healthcare Revenue Cycle Platform with New Interface

TransUnion has extended its reach in the healthcare industry with the creation of a flexible interface engine to allow third-party healthcare systems to connect with the TransUnion Healthcare Revenue Cycle Platform using a variety of message formats. The interface allows healthcare organizations that are using existing software programs to benefit from the efficiencies derived from TransUnion’s comprehensive service.

ACS, AHIQA, EMC Global Services, Meditech and Nebo Systems are five of the initial technology providers that are taking advantage of the new interface engine. Each company provides first-class integrated software solutions to healthcare organizations throughout various stages of patient registration and life cycle. The announcement was made at the Healthcare Financial Management Association’s Annual National Institute.

“As an increasing number of state laws are being proposed that require healthcare organizations to establish documented processes for disbursing charity care to self pay patients, automation is becoming an operational necessity,” said Marty Callahan, TransUnion’s vice president of Business Development – Healthcare. “Through integrations of the TransUnion Healthcare Revenue Cycle Management Platform with best-in-class technologies, we are helping healthcare organizations better serve their patients and communities.”

The TransUnion Healthcare Revenue Cycle Platform automates key steps of the revenue cycle to significantly reduce manual processes, increase efficiency and decrease uncompensated care. Along with verifying patient information to help reduce fraud, the service automatically matches patients with Medicaid, SCHIP (State Children’s Health Insurance Program) and other public assistance programs, calculates charity care and self-pay discounts, and facilitates the application process.

“This interface allows us to combine the best the market has to offer – seamlessly,” said Callahan. “Easy access to proven technology that allows visible and actionable results in the financial arena from day one is key for the dynamic healthcare industry and the regulations that govern it.”