Patient Liability Estimates



Patient Liability Estimates

Patient Liability Estimates

Patient Liability Estimates

Provide your patients with their approximate out-of-pocket expense

• Generate patient liability estimates using your facility’s claim and ERA data
• Offer real-time estimates through your facility’s public website
• Print patient-friendly, facility-specific patient liability estimate letters
• Archive liability estimates for future reference and review

Provide your patients with their approximate out-of-pocket expense for any given service with Rycan’s Patient Liability Estimate Module. We ensure accurate pricing by reviewing past claims and EOBs, your contracts with payers, and detailed procedure profiles set up by your healthcare facility. You will have the opportunity to generate estimates in-house and enable your facility’s website to allow your customers to run their own estimates. Rycan gives your healthcare facility the tools it needs to offer reliable and precise estimates to your patients.

Liability Estimates Profiles: Profiles store information about commonly performed procedures, helping your staff quickly produce patient liability estimates. Past claims and remits are selected by the profile to help accurately price estimates. HCPCS, DRG, master payer, claim procedure, claim diagnosis, and revenue codes specified by users in profiles decide which claims will be used for pricing.

Generate A Liability Estimate: Your staff will be able to easily generate healthcare estimates just by entering the patient’s information and selecting a profile that contains all of the necessary procedure data. Once an estimate has been run, a summary screen displays patient and insurance information, configuration, and variance information, as well as a list of the claims that were used to price the estimate. From the summary screen, a clearly formatted patient liability estimate letter, customized with your healthcare facility’s letterhead and diction, can be printed to give to your patients.

Liability Estimate Archive: All patient liability estimates are stored within our system to allow for future analysis and review. Users can easily search though the archive to find previously run estimates and to answer any patient inquiries.

Online Estimates: Rycan enables your website to host our Patient Liability Estimate Module so your customers can generate their own liability estimates right from your facility’s website. Your healthcare facility maintains full control over which estimates are made available to the public, to ensure your customers only receive the most accurate and concise information.

Module Integration: Rycan’s various healthcare revenue cycle modules integrate and work together to provide a seamless workflow for your staff. If your facility subscribes to our Eligibility Verification Module, users can automatically check for insurance eligibility when generating patient liability estimates. Subscribers to our Contract Management Module get additional assurance that their estimates are accurate by pricing them against their healthcare facility’s various contracts with payers.

Easily generate accurate and reliable liability estimates by examining your healthcare facility’s claim data, remittance information, payer contracts, and defined procedure profiles in our Patient Liability Estimate Module. Your staff will be able to easily answer patient inquiries by having estimate information just a click away.
Guarantee your facility receives accurate reimbursement with our Contract Management Solution

Guarantee your facility receives accurate reimbursement with our Contract Management Solution


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