November 25, 2014 — medQ, Inc., has released the Patient Balance Estimator, an integrated solution that enables organizations using the Q/ris 3000 to accurately determine a patient’s financial responsibility prior to providing service.
The Q/ris 3000 Patient Balance Estimator leverages a national database of healthcare payment information, allowing the product to accurately predict patient financial responsibility using the organization’s remit and payment data. Current clients using the solution are seeing point of care patient collections increase 300 percent. The Q/ris 3000 Patient Balance Estimator also reduces the time it takes a provider organization to collect revenue from the typical 120 days to an average of 30 days.
Patient Balance Estimation has the following features:
· Multiple payment collection options: Patient Balance Estimation allows any organization to collect patient financial responsibility prior to providing services via cash, check, credit/debit card or a payment plan can be made prior and negotiate ahead of time.
· Automated integrated workflow: The solution is integrated within the Radiology workflow and is done directly from the application without the need to re-enter data.
· Ease of use and implementation: The Patient Balance Estimation intuitive workflow does not require any specialize user training or expensive contract management system implementations.
For more information: www.medq
