Components> Patient financial obligation statements

Patient financial obligation statements

 

With an increasing number of patients being self-insured, under-insured or participating in high-deductible health plans, pricing transparency and up-front collection of payment is crucial to both a hospital’s financial success and patient satisfaction.

Passport’s patient financial obligation statements are a natural benefit of using our integrated solutions (including eligibility verification, medical necessity, etc.). These documents allow providers to quickly identify billable expenses and assist with collection at or before point of service in a patient-friendly manner. Statements can be printed to provide clear explanation of charges to the patient.

Charges posted to the complete patient financial obligation statement are derived from:

  • Insurance deductibles, co-pays and co-insurance for specific conditions, such as by payer, plan, procedure, diagnosis, etc.

  • Hospital or clinic chargemaster

  • Contract management information

Benefits of Passport's patient financial obligation statements
Increases patient payments and improves patient satisfaction by:

  • Clarifying patient’s financial responsibility

  • Facilitating financial discussions prior to or at point of service

Patient financial obligation statements are customizable by provider type, content, and format (logo, etc.) and can be deployed within any department.

Download patient financial obligation statements PDF
 

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