What is guarantor in SAP IS-H - SAP for Healthcare?

SAP Term: guarantor

• Component: IS-H

• Component Name: SAP for Healthcare

• Description: SAP Healthcare - Industry-Specific Components for Hospitals Person who undertakes to pay a certain percentage or amount of payments that are not covered by other insurance providers. Guarantors can only be used in the country version Singapore and only for the Medisave insurance relationship.

Smart SAP Assistant

• Key Concepts: 
  A guarantor in IS-H SAP for Healthcare is a person or organization that is legally responsible for paying a patient’s medical bills. The guarantor can be the patient themselves, a family member, an employer, or an insurance company. 
  
  How to use it: 
  In IS-H SAP for Healthcare, the guarantor is entered into the system when a patient is admitted. This information is used to determine the patient’s financial responsibility and to ensure that the bills are paid in a timely manner. 
  
  Tips & Tricks: 
  It is important to make sure that the guarantor information is accurate and up-to-date. This will help ensure that bills are paid on time and that any discrepancies can be quickly resolved. 
  
  Related Information: 
  The guarantor information is also used to generate reports and analyze trends in healthcare billing. This data can be used to identify areas of improvement and to ensure that patients are receiving the best possible care.