Price Transparency, What's in store for 2017?

As you may or may not know, as of calendar year 2017 it will be required that all patients scheduling non-emergent procedures within your hospital are sent a “Good Faith Estimate”. Calculating the cost of service, payer estimated responsibility, and the self-pay / patient responsibility prior to the procedure. CPSstatements.com possesses the ability to process these estimates utilizing our Letter Library/ Letter Archiving services. Simply provide the letter body and our IT team will build on your current program to accept the data in the form of a file through our secure site, insert data accordingly and ensuring that these estimates are processed and mailed in a timely fashion. Whether you’re looking to gather this data manually within your Financial Services Department or obtaining software. CPSstatements.com would like to assist you in this process! Any further programing for the setup of this service option would be free of charge as we understand that adapting to the ever-changing Healthcare Industry is part of doing business.