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by JDA eHealth Systems, Inc.

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You are here: Home / Price Transparency Solutions

Price Transparency Solutions

The Parathon Price Transparency Solution: Human-Delivered Accuracy

At Parathon, we prioritize accuracy above all else. Our solution involves meticulous data extraction and verification by experts who understand the nuances of healthcare contracts. By delivering pricing information directly from contracts, we ensure 100% accuracy, eliminating the risks associated with AI-generated estimates. Here’s why our approach stands out:

  • Regulatory Compliance: With our solution, you can rest assured that your pricing data meets the stringent requirements set by CMS, protecting your hospital from fines and penalties.
  • Patient Trust: Providing precise and reliable pricing information builds patient trust, enhancing your hospital’s reputation and fostering long-term patient relationships.
  • Competitive Edge: Accurate pricing data sets you apart from competitors, positioning your hospital as a trustworthy and transparent provider in the eyes of patients and payers.

 

Parathon offers a state-of-the-art Price Transparency Solutions that are both provider and patient – centric.

Parathon’s proprietary technology and expertise needed to meet and exceed current and future CMS requirements.

  1. All standard charges for all items and services in a comprehensive machine-readable file. We compile tens of thousands of data points, service codes, and service descriptions necessary to create one comprehensive, machine-readable file that’s ready to publish on your hospital’s website. 
  2. A consumer-friendly display of shoppable services. Parathon’s innovative Patient Responsibility Estimator (PRE) provides real-time information regarding potential out-of-pocket costs for shoppable services, all in a consumer-friendly application published directly on your hospital’s website.

Click here to inquire more information regarding our compliance solutions or to schedule a demo to see how our solutions can benefit your hospital.

  • Grady Health System

    Testimonials


    Grady Health System


    Sandra Johnson


    Former Vice President Revenue Cycle Management


    “We use the Emergency Department Triage services with Parathon. We have had a great experience working with them, they submit appeal letters and help us with our denials. In one year they have collected almost 1 million dollars for us. Their overturn rate has been 66 percent. Working with Parathon is definitely worth it. I have been very impressed by everything they have done for our organization.”


  • Honor Health

    Testimonials


    Honor Health


    Cameron Wilson


    Director Payor Contracts


    “Parathon has been great to work with. They are extremely flexible. We have many nuisance and challenging contracts and methodologies. We have been able to work quickly and efficiently to get our modeling set up accurately and to feel comfortable with the numbers we are producing. They are easy to get in touch with and always work with us to get the right answers. This is paramount to our relationship.”


  • NorthShore University HealthSystem

    Testimonials


    NorthShore University HealthSystem


    Kathleen Smith


    Director of Patient Financial Services



    “I really value the practices that Parathon has implemented. We use them for denials recovery and they had a lot of positive results on things that were well past timely filing. I continue to work with Parathon because I have found that they are a vendor I can trust, they give me optimal results and have effective communication.”


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