TransUnion is a global provider of consumer information and decision-processing services. Securely maintaining one of the largest databases of consumer credit information in the world, TransUnion provides leading businesses with a comprehensive selection of business intelligence products that help manage financial risk as well as identify new markets and customers.
With vast experience in providing accurate and reliable credit information to the healthcare industry, TransUnion knows the top priority of healthcare providers is providing quality patient care. The healthcare industry as a whole shares the same problems: duplicate medical records, returned mail, chronic delinquency, defaulted payments and out-right fraud. Can you rely on your current system to verify your patients’ demographic information? Just as important, can your system help you evaluate whether patients can pay their bills in a timely manner? If not, your current process maybe highly ineffective and will ultimately be very costly.
But there is another way, thanks to the extensive tools TransUnion offers to the healthcare industry. With a comprehensive suite of identity validation and financial risk management products and services, we can help you make better business decisions. Our goal is to provide you with the necessary decisioning tools to manage receivables, increase profits and ultimately, provide better patient care.
Here are some of the most popular products for the healthcare industry:
- TransUnion Credit Report – provides trustworthy data with national coverage that helps our customers make sound financial decisions when extending credit or services. The Credit Report helps assess the customer's risk of extending credit or providing a service, allowing them to acquire and maintain good customers, and minimize risky ones.
- ID SearchplusSM – helps verify application information by matching a consumer's name, address and/or Social Security number against TransUnion's credit reporting database. IDSearchplus delivers current/previous addresses, SSN, phone number, DOB, aliases, consumer statements, and number of hard inquires on file.
- TRACESM – provides access to current and previous addresses by the simple input of a Social Security number. It is a valuable service that can be used for your verification or location needs.
- HAWK® – brings fraud detection to a new level of performance. HAWK identifies high-risk or potentially fraudulent addresses, Social Security numbers, or telephone numbers.
- Score Report® – is used when a complete credit report is not necessary. It gives you an easy-to-understand, one-page credit report and credit score that indicates creditworthiness and risk.
- TOTAL IDSM – is a quick and easy identity verification and application analysis service. It helps you with both fraud detection and in reducing manual review time. With its unique dual approach, you can reduce your fraud loss, reduce costs, and improve the efficiency of your operations.
For more information on TransUnion solutions for the healthcare industry, visit the Web site at: www.transunion.com/healthcare or complete the product request form.