Improve the accuracy of patient bill estimates, increase upfront cash collection and reduce bad debt with MedAssets’ proven patient liability estimation solution, CarePricer^®.

CarePricer is part of MedAssets’ Access Integrity suite of solutions designed to help providers manage and complete all registration activities necessary for financial clearance.

• Generates accurate, patient-friendly estimates to make patients aware of their financial responsibility before services are performed
• Provides the necessary payment information required to collect payments upfront and to establish payment plans
• Properly sets patient financial responsibility expectations
• Improves pricing transparency
• Reduces manual research and calculation time
• Enables best practice patient liability estimation processes across your organization to provide the right answer regardless of where the inquiry is made
• Minimizes refunds resulting from inaccurate cost estimates
• Helps increase cash flow and reduce bad debt and write-offs by identifying, defending and reporting consumer-required financial information
• Ensures compliance with charity care and uninsured policies to protect against litigation
• Improves forecasting of patient receivables

CarePricer provides accurate patient liability estimates using historical claims data, current charge master pricing, payer-specific contract terms and patient-specific benefits. CarePricer is automatically invoked during or prior to the point-of-care, based on patient type and user-defined rules. There is no need to re-enter patient demographic information. When delivered as part of the Access Integrity suite of solutions, eligibility and benefits information is automatically integrated into the estimator and stored in Access Manager. Payments can be recorded at the point of service by payment type and amount.

CarePricer can be combined with MedAssets’ Point of Service Collection program to improve your ability to collect patient fees, strengthen satisfaction and defend against financial risk. By notifying patients of their estimated liability upfront, you can improve your collections.