We’re ready to do it again with Good Faith Estimates.
Panacea’s state-of-the-art technology combined with statistical analyses incorporates both hospital and physician charge data, producing an all-inclusive Good Faith Estimate as required under the No Surprises Act. Our solution automates the burdensome process of manually building an itemized Good Faith Estimate for self-pay or uninsured patients and is available for use for out-of-network patients (where balance billing is permitted) to generate an itemized cost estimate and signed notice and consent.
Save hundreds of hours and reallocate resources with new technology that automates Good Faith Estimates on-demand with the highest accuracy. Easily explain why a Good Faith Estimate for any scheduled service may differ from the patient’s bill using Panacea’s GFE frequency profiles and audit trail feature.
Panacea’s Good Faith Estimates solution has been a game-changer for our patient financial services team. It simplifies the complex process of creating Good Faith Estimates, ensuring compliance while saving us valuable time. The intuitive platform and expert support have made it easier to provide accurate estimates, improving transparency and trust with our patients.— Director, Patient Financial Services