FinAdvisor
Financial Clearance Intelligence for Better Admissions & Compliance Decisions
Predict revenue, insurance value, and patient responsibility before admission while improving payer audit readiness.
From benefits verification and patient responsibility estimation to admissions risk assessment and payer audit readiness, FinAdvisor helps providers make more intelligent and consistent financial decisions before care begins.
See FinAdvisor in Action
- Know expected insurance reimbursement and patient responsibility before admission.
- Reduce manual admissions and financial clearance workflows.
- Support compliance-safe financial workflows and payer audit readiness.
- Identify financial and operational risk earlier with AI-supported insights.
VOB Management
Incomplete and inaccurate insurance verification can create delays, administrative burden, and downstream revenue risk across the patient financial lifecycle.
- Give your team AI-enhanced, real-time visibility into digital and live verification of benefits (VOB) workflows.
- Filter VOBs by level of care to quickly surface the most relevant financial and admissions information.
- Every VOB is date- and time-stamped to support automated re-verification workflows and payer audit readiness.
- Access all VOBs in downloadable PDF format for streamlined financial documentation and operational visibility.
- Seamlessly integrates with digital VOB platforms and financial clearance workflows.
FinAdvisor VOB Manager digitally captures and centralizes all VOBs in one secure, audit-ready solution.
PFR Estimator
Clear patient financial responsibility estimates can improve financial transparency, reduce downstream collections activity, and support more informed treatment decisions.— Becker’s CFO Report
Be compliant with good-faith estimate compliance requirements with 2 mouse clicks.
Use AI-supported quoting methods to generate more accurate patient financial responsibility estimates (average length of stay, recommended length of stay, manual, and single case agreements).
Calculate covered and uncovered services with greater financial visibility and operational consistency.
Clearly display patient financial estimates with detailed cost breakdowns, including deductibles, co-insurance, co-pays, and self-pay obligations.
Adjust estimates for recent prior care activity that VOB workflows may miss.
Support crossover calculations for admissions extending beyond the patient’s benefit year.
Compliant financial assistance & scholarship eligibility workflows to support transparent patient financial management.
Use income verification and capacity-to-pay insights based on IRS tax data to support financial clearance and financial assistance decisions.
With FinAdvisor, intelligent financial clearance and financial visibility creates better census quality.
Admissions Risk Assessment
A significant portion of financial and operational risk is determined before admission.— Metadata
- Use AI-driven insights to identify high-risk and high-quality admissions earlier in the admissions process.
- Gain visibility into AMA risk, patient financial responsibility concentration, profitability, and referral source risk.
- Understand estimated insurance value and expected net patient revenue before admissions decisions are finalized.
- Compare admissions risk profiles across facilities to support more consistent financial and operational decision-making.
- Enable escalations and exceptions for higher-risk patients through standardized financial clearance workflows.
To improve census quality, FinAdvisor provides admissions risk assessments before admissions are approved, enabling more intelligent and consistent financial clearance decisions.
Data-Driven Insights Drive Better Financial & Clinical Outcomes
56%
56% of patients report they delay paying medical bills, many citing high deductibles or confusion over their EOB as top reason
Manage Patient Financial Responsibility with One Connected Platform
From financial clearance through account resolution, FinPay helps healthcare providers improve financial performance, reduce cost to capture, and streamline patient financial workflows through AI-supported automation and operational intelligence.
Financial Clearance → Admissions → Patient Financial Workflows → Account Resolution
AI-supported patient financial workflows, engagement, payment program management, and account resolution.
See What Patients Are Saying About FinPay
FinPay was very helpful and thorough in the explanation of the costs and walked me through the process. I'm especially grateful because this was all upfront and easy to understand.
Patient - FinPay
FinPay went above and beyond. They were very clear and transparent which is extremely helpful in situations like this. The whole experience put me more at ease.
Patient - FinPay
FinPay explained everything to me step-by-step. Wonderful experience!
Patient - FinPay
FinPay was very clear, very patient and was actually a joy to talk with.
Patient - FinPay
FinPay was awesome. The best financial transaction I have ever done. Extremely happy!
Patient - FinPay
It was helpful to know what we are getting into financially upfront. We have had bad experiences with other programs and are wary but FinPay gave us peace of mind.
Patient - FinPay
My FinPay specialist was super sweet and made sure I understood upfront.
Patient - FinPay
Technology that automates Patient Financial Management so you can take care of the patients
95% of patients cleared by FinPay convert to an admission
Patients cleared by FinPay pay more than 75% of their total financial responsibility
FinPay's digital payment experience received a 97% patient satisfaction score
Patient Financial Responsibility Resources
Get greater insight into Patient Financial Management
Learn how to navigate complex balanced billing compliance requirements in Behavioral Health.
Learn about the importance of having patient financial conversations during the treatment admission process.
Ready to get started?
Get in touch with our team today
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