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TransEngen delivers an intelligent transaction-based engine that integrates both healthcare and financial transactions to transform the healthcare payments process. The company was founded on a single powerful premise: develop solutions that deliver real-time, actionable information at the point of care. The result is solutions that enable healthcare providers and their patients to obtain the necessary information to understand insurance benefits as well as the patient’s financial responsibility, and locate coverage for those patients without health insurance.
TransEngen’s solutions improve satisfaction for both patients and providers and help to reduce patient bad debt; a growing problem for healthcare providers in the U.S. as costs for healthcare continue to shift to patients and the number of uninsured rises.
With solutions directed at healthcare providers, hospitals and other healthcare facilities, TransEngen is leading the transformation of the healthcare payments process; creating valuable new functionality at nearly every transaction stage of the process and creating immediate process improvements.
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