SOURCE: TransUnion

SOURCE: Healthcare Financial Management Association

Healthcare Financial Management Association

May 26, 2016 11:00 ET

TransUnion Healthcare Renews HFMA Peer Review Designation

CHICAGO, IL--(Marketwired - May 26, 2016) - The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, TransUnion Healthcare has once again achieved the "Peer Reviewed by HFMA®" designation for its: 

- TransUnion Healthcare ClearIQ Insurance Eligibility
- TransUnion Healthcare ClearIQ Financial Assessment including Charity Wizard
- TransUnion Healthcare ClearIQ Patient Payment Estimation
- TransUnion Healthcare Insurance Coverage Discovery (eScan)

"Achieving the Peer Review designation from HFMA is a great honor," said Gerry McCarthy, president of TransUnion Healthcare. "It is rewarding to know that our revenue cycle management solutions have been recognized by our customers and industry experts as high quality products. We are especially pleased to announce that our eScan insurance coverage discovery solution, which helps providers reduce bad debt and has discovered over $8 billion in uncompensated care charges, is being added to HFMA's Short List of Peer Reviewed products." 

HFMA's Peer Review process provides healthcare financial managers with an objective, third-party evaluation of business solutions used in the healthcare workplace. The rigorous, 11-step process includes a Peer Review panel review comprising current customers, prospects who have not made a purchase, and industry experts. The Peer Review status of the healthcare business solution and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.

"We're pleased to have TransUnion Healthcare renew their HFMA Peer Reviewed designation," said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. "The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed healthcare business solution meets an objective, third-party assessment of overall effectiveness, quality, and value."

About TransUnion (NYSE: TRU)
Information is a powerful thing. At TransUnion, we realize that. We are dedicated to finding innovative ways information can be used to help individuals make better and smarter decisions. We help uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity. Today, TransUnion has a global presence in more than 30 countries and a leading presence in several international markets across North America, Africa, Latin America and Asia. Through the power of information, TransUnion is working to build stronger economies and families and safer communities worldwide. We call this Information for Good.

About HFMA

With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. 

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