Admissions Intelligence Before You Admit
FinAdvisor provides your admission team with the actionable intelligence they need to assess economic
and compliance risk before the admission.
VOB Management
The consequences of failing to properly verify patient insurance eligibility can wreak havoc on the healthcare revenue cycle. - Experian Health
- Give your team real-time visibility into all your digital and live verification of benefits (VOB).
- Filter VOBs by level-of-care classifications, so only relevant data is displayed on the screen for the user.
- Every VOB is date and time stamped so you can create business rules for automated re-verifications.
- All VOBs available in a PDF format.
- Integrates with digital VOB platforms.
FinAdvisor VOB Manager digitally captures and stores all your VOBs in one solution.
PFR Estimator
62% of patients said knowing their out-of-pocket expenses in advance of service impacts the likelihood of committing to treatment - Becker's CFO Report
- Use one of four quoting methods (average length of stay, recommended length of stay, manual, single case agreements).
- Calculates covered and uncovered services.
- Clearly displays the calculated estimate with a link to the details (deductible, co-insurance, co-pays and self-pay).
- Prior Care adjustments for patients with recent care (within 30 - 45 days) that the VOB misses.
- Crossover calculator for admissions extending beyond the patient's benefit year.
- Compliant financial assistance eligibility calculator.
- Income verification and capacity-to-pay scores using IRS tax data.
With FinAdvisor, getting paid starts with knowing what you're owed.
Admissions Risk Assessment
30% of the average treatment bill comes from the patient's pocket - Metadata
-
Identify quality and high-risk admissions before scheduling.
-
100% visibility into AMA, PFR concentration, profitability and referral source risk.
-
100% visibility into the estimated insurance value and paid net patient revenue prior to admission.
- Compare risk assessments for multiple facilities.
- Allows for escalautions and exceptions for high-risk patients.
FinAdvisor is the only application in the market that provides a risk assessment BEFORE admissions are approved.
VOB Management
The consequences of failing to properly verify patient insurance eligibility can wreak havoc on the healthcare revenue cycle. - Experian Health
- Give your team real-time visibility into all your digital and live verification of benefits (VOB).
- Filter VOBs by level-of-care classifications, so only relevant data is displayed on the screen for the user.
- Every VOB is date and time stamped so you can create business rules for automated re-verifications.
- All VOBs available in a PDF format.
- Integrates with digital VOB platforms.
FinAdvisor VOB Manager digitally captures and stores all your VOBs in one solution.
PFR Estimator
62% of patients said knowing their out-of-pocket expenses in advance of service impacts the likelihood of committing to treatment - Becker's CFO Report
- Use one of four quoting methods (average length of stay, recommended length of stay, manual, single case agreements).
- Calculates covered and uncovered services.
- Clearly displays the calculated estimate with a link to the details (deductible, co-insurance, co-pays and self-pay).
- Prior Care adjustments for patients with recent care (within 30 - 45 days) that the VOB misses.
- Crossover calculator for admissions extending beyond the patient's benefit year.
- Compliant financial assistance eligibility calculator.
- Income verification and capacity-to-pay scores using IRS tax data.
With FinAdvisor, getting paid starts with knowing what you're owed.
Admissions Risk Assessment
30% of the average treatment bill comes from the patient's pocket - Metadata
-
Identify quality and high-risk admissions before scheduling.
-
100% visibility into AMA, PFR concentration, profitability and referral source risk.
-
100% visibility into the estimated insurance value and paid net patient revenue prior to admission.
- Compare risk assessments for multiple facilities.
- Allows for escalautions and exceptions for high-risk patients.
FinAdvisor is the only application in the market that provides a risk assessment BEFORE admissions are approved.
Simplify patient financials with a data-driven solution
We offer a variety of solutions to provide patient engagement technology, managed solutions to manage patient financial responsibility, admission assessment and compliance risks.
Payment Automation Platform
Mobile Payment Platform
Patient Engagement Platform
See What Patients Are Saying About FinPay
Technology that automates Patient Financial Management so you can take care of the patients
95% of patients cleared by FinPay convert to an admission
Patients cleared by FinPay pay more than 75% of their total financial responsibility
FinPay's digital payment experience received a 97% patient satisfaction score
Patient Financial Responsibility Resources
Get greater insight into Patient Financial Management
Learn how to navigate complex balanced billing compliance requirements in Behavioral Health.
Learn about the importance of having patient financial conversations during the treatment admission process.