Trusted Price Intelligence for Providers
By combining one of the largest medical and pharmaceutical claims datasets in the U.S. with real-time price transparency insights from Payerset, we are able to deliver unparalleled clarity on negotiated rates, remittance rates, historical pricing trends, and payer coverage policies.
PurpleLab’s Trusted Price Intelligence provides insights into contracted rates across all payers, health plans, and care delivery organizations, while providing real-world clinical insights into the claims volume, service-line categorization, and provider hierarchies.
Pricing and Contracting Strategy
Fine-tune your pricing and contracting strategies by understanding how peer institutions or competitors bill for equivalent procedures and services, review actual reimbursement rates, payer denial rates and demonstrate alignment with value-based care.
Competitive Positioning and Market Intelligence
Understand how your procedures and services are performing by geography or condition. Compare service line offerings against competitors or population needs to identify care delivery gaps or misaligned service offerings.
Strategic Planning for Acquisition or Expansion
Understand rate positions and hyper-localized clinical insights into potential acquisition targets and underserved markets to inform expansion strategies.
Rate Explorer
Rate Explorer is the only self-service platform that provides real-time exploration of contracted rates across all payers, health plans, care delivery organizations, and services. Accurately conduct analyses to surface actionable pricing insights to inform healthcare pricing and strategy to increase overall financial viability.
Features and benefits
Comprehensive MRF Coverage
Enhanced Claims Data
Easy-to-use
Real-Time Discovery
All Payer MRF data and hospital MRF data is refreshed quarterly and enhanced with provider data for easy exploration.
Adding color to the standard MRFs, Trusted Price Intelligence integrates claims volumetrics data, clinical service line categorization, HCO and HCP hierarchies, standardized payer rates and remit data.
Easily navigate, understand, and benchmark healthcare pricing data paired with clinical insights. Surface actionable pricing insights to inform healthcare pricing and strategy to increase overall financial viability.
Discover business ready insights through real-time data discovery across all contract reimbursement rates.
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Get In Touch
Questions? Ready for a demo or free trial of our healthcare analytics platform, HealthNexus®?
Contact us to get started.