PlanOptix
Illuminating Healthcare
Price Transparency Data
Plug into consolidated, streamlined market intelligence that will help you work smarter
Transforming Data into Usable Information
What is price transparency in healthcare?
When it comes to price transparency in healthcare, PlanOptix leads the way. The Transparency in Coverage and Hospital Price Transparency rules mandating that health plans and hospitals publish pricing data has pooled more than 500 billion records. This has created a dense web of inconsistent, and sometimes inaccurate, information. PlanOptix, MultiPlan’s revolutionary healthcare price transparency data solution, sheds light on this raw data—transforming it into usable information to give you great insights you can act on.
Assessing Healthcare
Data Quality
Empower your decision-making with our Data Usability Rating
Understanding healthcare data is often as much about the quality as it is about the content. That’s why PlanOptix introduces the Data Usability Rating, a unique feature in the market that helps you evaluate the completeness and coverage of healthcare price data. With Data Usability Rating, you can quickly assess the quality of pricing data at-a-glance, and contextualize which datasets to prioritize for analysis and decision-making.
Powering Inspiration so You Can Work Smarter
We’ve leveraged MultiPlan’s decades of industry experience and proprietary demographic and affiliate data on 1.4 million contracted providers to enrich the publicly available healthcare price transparency data. This consolidated information, presented in a useful context, is strategically packaged to enable side-by-side network and rate comparisons. You can search and extract the data you want for streamlined analysis. The resulting insights can help you make data-driven decisions with confidence.
Medicare as a Pricing Benchmark: A New Standard for Comparison
Instantly contextualize healthcare costs, PlanOptix now provides pricing benchmarks as a percentage of Medicare, delivering unparalleled context to pricing insights. By Aligning commercial rates with Medicare standards, you can understand how their pricing compares across the industry for transparency at scale. Evaluate costs relative to a trusted baseline.
How can our healthcare price transparency tool help you?
Healthcare price transparency data from PlanOptix offers a diverse range of capabilities for several key players.
Healthcare Brokers
Compare networks, contract rates and health payors to select the ideal health plans and networks for your clients.
- Identify cost-effective providers to create targeted cost-containment programs
- Benchmark and understand market position to differentiate
- Negotiate better direct contracts and customize deals to win and retain business
Healthcare Payors
and Carriers
Compare other health payors’ specific provider contracted rates for streamlined analysis.
- Identify high-quality, cost-effective providers to optimize care
- Understand your competition and benchmark market position
- Gain new market insights for expansion periods
Employers
Compare networks and health payors to inform plan design and optimize healthcare benefits for your employees.
- Compare contract rates to identify optimal network partners
- Curate and optimize networks to meet cost and access goals
- Negotiate better direct contracts and customize deals (self-insured employers)
Leading You to Success
PlanOptix can help clarify your vision for success like never before. The innovative technology and deep expertise embedded in the platform can lead you to better business outcomes. You can use it to facilitate tasks from auditing and researching claims to analyzing deeper data around network performance. However you choose to leverage PlanOptix, you’ll make better data-driven decisions to sharpen your competitive edge.
Revolutionizing the Healthcare Data Landscape
Contributing to the creation of a transparent, patient-centric healthcare ecosystem, PlanOptix empowers stakeholders to drive down costs and enhance the quality of care. With this tool, MultiPlan lights the way through the complex healthcare and medical price transparency data landscape, positioning us to revolutionize healthcare analytics.
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Webpage last updated: 01/02/25