SearchAmerica Enhances Healthcare Scoring Model and Improves Accuracy

SearchAmerica today released the company’s latest version of the most sophisticated scoring model in the healthcare industry designed to give healthcare providers valuable information on predicting patient payment behavior. This data allows healthcare systems and providers to determine which patients are most likely to pay – or not pay — their bills and adjust workflow accordingly. Client results (based on millions of transactions) show that the SearchAmerica healthcare scoring model is more than 97 percent reliable in predicting payment behavior. This represents a more than 2% accuracy increase from previous versions and greatly exceeds the accuracy rates achieved by use of “traditional” credit scoring.

“Due to the rapid change in the reimbursement environment for healthcare providers, we are continually updating our algorithms to maintain our market leadership position and to provide the best possible return for our customers” says Daniel Johnson, CEO of SearchAmerica. “A more accurate healthcare-specific scoring model allows our clients to transform workflow more appropriately and achieve superior results, resulting in a healthier bottom line.”