
MPV PATIENT PORTION PRICER
Increase Time-of-Service Collections from Patients
With today’s complex payer contracts, most medical practices can’t accurately calculate and collect the patient’s portion of the bill at the time of service because they don’t know how much the insurance company will allow. As a result, many practices hold off on sending patient bills until the insurance company pays the claim. At best, this delays cash receipts from patients. At worst, it kicks off an endless cycle of billing, collections and misunderstandings about how much patients owe.
MPV Patient Portion Pricer allows medical groups to accurately calculate insurance allowables before or at the time of service. Then, using applicable deductibles, co-insurance and other patient responsibilities, they can determine the patient’s portion, eliminating payment delays and increasing time-of-service collections. MPV Patient Portion Pricer also allows users to:
- Build net cash receipts
- Reduce patient billing and collections costs by collecting more upfront
- Minimize billing hassles and improve patient satisfaction
MPV Patient Portion Pricer Integrated with MPV Eligibility
This integrated, multi-payer solution combines MPV’s powerful claims valuation engine and real-time eligibility and benefits functionality so practices can calculate patient financial responsibility quickly and accurately. Together, these tools allow practices to ensure patient estimates are based on the latest and most up-to-date eligibility data, payment rules and contract terms. Seamless integration to the payers and between applications reduces the need for manual validation processes, including phone calls or searches on payer Web sites. As a result, users can increase overall efficiency, reduce claim denials and improve cash flow.

