The commitment to value-based care and the patient-centric approach have revolutionized the delivery of healthcare in our country. Value-based payments have shifted the focus to accountability for both quality and cost of care. Because of this, data insights can be derived from medical claims data and reimbursement rates to shed light on the competitive landscape and help inform expansion strategies.
MarketView Reimbursement Insights reveals the amounts insurers paid, reported at the payer/provider level, and can be customized to specific service lines defined by ICD10 and HCPCS codes. The data isn’t based on reimbursement rate estimates. It’s derived from actual remitted claims, allowing for highly accurate, data-supported decisions.
Through these reimbursement insights, you can improve strategic planning for market expansion, benchmark prices for procedures and identify providers referring outside of your system and network. Through these insights, your hospital or health system can get an unprecedented panoramic view of the provider landscape. This will help reduce costs and optimize commercial strategies.
If you are interested in maximizing reimbursement insights for your hospital or health system, download our brochure to find out more about the benefits of this solution.