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The information contained in the KLAS report is a compilation of data gathered from interviews with healthcare providers and represents a snapshot in time of information in the KLAS database. TransUnion Healthcare continues to invest millions of dollars in research, development and acquisition of new data and technology to make eScan the most effective insurance discovery solution in the industry.
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The eScan Insurance Discovery solution leverages patented data matching technology with hundreds of query permutations to deliver a series of automated, customizable reports that identify insurance coverage for patient accounts. The company works with more than 1800 hospitals and health systems and has protected over $4.4 billion in net revenue and cash to date for its entire client base. TransUnion Healthcare’s Revenue Protection solutions help hospitals prevent revenue leakage by engaging patients early, helping ensure their earned revenue gets paid, and optimizing their collection strategies. “The KLAS recognition demonstrates TransUnion Healthcare’s commitment to continually providing exceptional Revenue Protection™ solutions, accompanied by superior service and support, and as a result, delivering greater value to our clients,” said Gerry McCarthy, president of TransUnion Healthcare. TransUnion Healthcare patrols our admissions and catches certain payers who aren’t identified during registration.The technology is amazing.” To underscore the value of the solution, a customer recently commented to KLAS that “eScan is a mix between a technology and a service.
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Emmerman has been an integral part of TransUnion’s transaction team for almost 25 years and has helped execute its M&A strategy with respect to middle-market transactions.CHICAGO, J(GLOBE NEWSWIRE) - TransUnion Healthcare (NYSE:TRU) today announced that its eScan Insurance Discovery solution was recognized by KLAS®, a global research and insights firm addressing the healthcare IT (HIT) industry, receiving an overall score of 89.4 out of 100 for Coverage Discovery in the 2018 Best in KLAS Software and Services Report. The Loeb & Loeb deal team representing TransUnion in this transaction was led by Corporate partner Ross D. The combined product and service offerings of TransUnion Healthcare and eScan will provide greater assurances to both patients and healthcare providers that the most accurate data and coverage is available to help alleviate growing uncompensated care costs.
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This acquisition enables TransUnion Healthcare to extend its solutions for managing uncompensated care from pre-screening through post-service and doubles the number of hospitals that deploy a TransUnion Healthcare reimbursement solution. TransUnion will integrate eScan into its healthcare business segment, which provides data and analytics at the point of need and offers a series of data solutions designed to provide greater ease of use, accuracy and transparency in the revenue cycle process. Loeb & Loeb LLP represented TransUnion, a global leader in information and risk management, in the acquisition of eScan Data Systems Inc., a developer and operator of market-leading technology that helps hospitals and healthcare systems reduce uncompensated care costs by identifying patient insurance coverage after services are provided.