Columbus, Ohio-based HTP Inc. has rolled out its latest version of RevRunner, a revenue cycle software suite.
With RevRunner 3.5, HTP says hospital staff can use one integrated solution to estimate a patient’s costs, assess ability and propensity to pay, provide the patient with payment options and collect payment, all prior to or at time of service.
According to the company, with the product’s Web-based interface, staff members are able to:
· Create a credible estimate that takes into consideration payer allowable amounts, previous balances, cost of services and procedures, and relevant discounts.
· Make an assessment of patient’s ability to pay based on patient fiscal situation and hospital policy.
· Recommend appropriate payment plan or accurately classify the patient as charity care by reviewing all potential payment sources.
