MedData, a revenue cycle management solutions provider, has a new patient financial platform.
The platform, called MedData OneTouch, combines financial programs such as eligibility, patient responsibility and denials into one offering.The result is payer sources are identified in the properly compliant order for all patients - regardless of their insurance status – ensuring they receive the most appropriate coverage, according to company officials.
The "platform ensures that the patient financial experience is just as great as their clinical one. Because MedData serves as a single touchpoint, patients don't have to provide the same information over and over again," said MedData President and CEO Ann Barnes. "And hospitals don't have to worry about missing revenue opportunities or the significant compliance risk associated with juggling multiple vendors."
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