Patient Financial Clearance
Automate your patient financial assistance with Experian’s robust data
Approximately 41% of Americans face medical debt, exacerbated by high out-of-pocket costs and rising co-pays. Many patients are unaware of the financial assistance available to them and struggle to navigate the process.
Patient Financial Clearance helps by identifying patients likely to pay and connecting those who qualify for financial assistance with the right programs. This ensures health equity and supports staff with automated screening using Experian’s comprehensive data and analytics.
We also make it easier for patients. With integrated patient financial self-service automation, patients can complete applications and submit documents online using their smartphone or computer.
The X Factor: Using Experian data to drive financial assistance automation
Discover how your peers are automating processes to meet new state charity screening regulations and finding new efficiencies.
UCHealth writes off $26 million in charity care by automating financial assistance process.
Client Case Study
Provide empathetic financial counseling
Leverage Experian’s data to connect patients with relevant assistance programs, auto-enroll them, and establish tailored payment plans based on their unique financial situation.
Empower patients to complete and submit their applications electronically
With our Self-Service Patient Financial Clearance feature, patients can complete their applications on their smartphones or on your website. This accelerates approvals and frees up staff time for more complex tasks.
Optimize your Medicaid workflow
Access custom screening process in the eCare NEXT® platform to manage the Medicaid enrollment workflow efficiently.
Better screen patients to increase collections
Screen patients efficiently based on Experian’s data-driven segmentation models. Identify high-value collection opportunities, boost revenue and cut collection costs.
Automate your financial assistance process
Replace manual processes with automated work queues to precisely identify eligible patients for financial assistance aid.
Stephanie Williams, who leads Patient Access Services at Eskenazi Health, talks about how their organization teamed up with Experian Health to streamline the financial assistance process through Patient Financial Clearance automation.
Andrew Pederson, Director, Patient Financial Experience at University of Colorado Health, talks about how Patient Financial Clearance automated their financial assistance process and empowered their staff to be more efficient.
Automate patient financial assistance screening to reduce bad debt
Rising costs, unexpected medical emergencies and lack of insurance are the main culprits in the growing problem of medical debt.
How hospitals are meeting new charity care policies by streamlining presumptive checks
Discover how automated charity care screening is revolutionizing healthcare affordability.
i Medical debt can be ‘a bit of a surprise,’ expert says — and 21% who have it owe $5,000 or more. March 2023 – CNBC.