Better price transparency with patient cost estimator tools

Despite measures like the Price Transparency Final Rule and the No Surprises Act, which requires each self-pay or uninsured patient to receive a good-faith estimate before services are performed, patients still receive inaccurate estimates.

And according to a recent Experian Health study, 4 in 10 patients said they had spent more on healthcare than they could afford.

But when patients know the expected cost of their care ahead of time, they feel more empowered and make better decisions—helping you get paid faster and stay in compliance.

See how automating and standardizing your price transparency practices will help you meet regulatory requirements, create a positive patient experience, and increase revenue at the point of service.

Nicole Ready, Revenue Cycle Systems Manager, at South Shore Health and Michael DiCarlo, Sr. Advisor, Revenue Cycle Operations at Northwell Health, discuss how they deliver better patient experiences with Experian Health's Price Transparency solutions.

Create more accurate estimates

Account for payment plans, prompt-pay discounts, state-mandated discounts, and other financial assistance policies for self-pay patients.

Eliminate manual tasks

Automate updates to your price lists and provide real-time estimates.

Improve patient satisfaction

Provide accurate estimates and easy-to-understand cost breakdowns to avoid surprise billing. 

Experian Health and Banner Medical Group

See how Banner Medical Group uses Experian Health’s patient estimation tools to achieve higher engagement while remaining in compliance.

Blessing Health System increases point-of-service patient collections by 58%

Read how harnessing an automated, data-driven process with Patient Estimates yielded a 1,200% return on investment for Blessing Health System.

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Hear from our patient estimate experts

Working Toward Compliance: The No Surprises Act and Experian Health Solutions

Riley Matthews, Lead Product Manager at Experian Health, explains how providers use Patient Estimates to address and comply with the “Good Faith Estimate” requirement in the No Surprises Act.

Compliance with the Price Transparency rule

Listen to Jamie Cleverley, President of Cleverley + Associates, and Riley Matthews, Lead Product Manager at Experian Health, discuss how a new partnership is helping providers comply with price transparency rules.

Price estimate solutions

Patient Estimates

Use our pricing tool to create accurate estimates before or at the point of service.

 

Patient Financial Advisor

Deliver patient estimates and secure payment options through engaging text messages.

Patient Financial Clearance

Assess and assign patients to the appropriate financial pathway, based on their likelihood to pay and their qualification for assistance, to boost collections and satisfaction.

PaymentSafe®

Provide your patients with a secure method of submitting payments online via mobile device or at the point of service.

Related products

Explore other Experian products that integrate with Patient Estimates.

Eligibility

Reduce denials, payment delays, and risk of bad debt with instant insurance coverage verification.

Patient Payment Solutions

Increase collections with user-friendly, self-service payment solutions.

Coverage Discovery®

Find previously unidentified coverage to maximize insurance reimbursement revenue at any point in your revenue cycle.

eCare NEXT®

Automate and revolutionize your revenue cycle workflow with a single, integrated platform.

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