Care Cost Estimator
Behavioral Health Software and Office Administration Services
Care Cost Estimator helps your practice reduce debt, achieve compliance, improve the patient journey
Price transparency creates new opportunities for providers. Accurate price estimates can help reduce debt. They also serve as a key element in a patient acquisition strategy that delivers the digital shopping functionality today’s consumers expect. DENmaar’s Care Cost Estimator provides the fast and flexible estimator solution you need to help achieve these objectives, allowing you to estimate the expenses associated with co-pays and deductibles.
Pulling data from the Guardian system the Care Cost Calculator offers a flexible solution that can accelerate new patient revenue collections with a level of confidence previously unavailable in an automated method. Unlike cloud-based solutions, Care Cost Estimator delivers an automated workflow with consumer-facing functionality.
In helping providers reduce debt, which has become a major problem as high-deductible plans shift a greater portion of the cost burden to patients. Nearly half of the organizations have experienced an increase in debt in 2020, and many expect to recover less than 20% of what patients owe. The good news is that commercially insured patients who receive an estimate are twice as likely to pay their total patient obligation, and 90% of patients surveyed said pre-care price estimates were somewhat or extremely important. In other words, our tool facilitates greater patient responsibility.
To comply with new state and federal price transparency regulations, which require that providers make accurate, insurance-informed estimates available to patients.
Care Cost Estimator or medical cost estimator gives the capability necessary to help you address emerging challenges and opportunities.