This new platform provides enriched publicly available price transparency data to enable providers to gain actionable insights for improved strategic financial action.
Recent legislation has brought incremental improvements in healthcare price transparency, but providers are often struggling to turn the complexities of large sets of unmanageable data into actionable insights and valuable gains. With the launch of CompleteVue, MultiPlan is complementing the recent legislation by providing expertise and technology to advance cost transparency and clarity in healthcare, enabling providers to focus on delivering high-quality care for patients.
A unique product in the marketplace today for healthcare providers, CompleteVue makes sense of the billions of public records of healthcare pricing within seconds. CompleteVue can be used to not only analyze and benchmark market position, but also review critical insights and trends on market share and highly utilized services. CompleteVue further empowers providers to compare rates across payors and geographies. With MultiPlan’s CompleteVue solution, healthcare providers can efficiently access this data to improve pricing strategies, identify expansion and growth opportunities, and optimize strategic planning.
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“Rural healthcare is at an inflection point and its success is vital to the healthcare market as more than 80% of rural America is medically underserved,” said Travis Dalton, President and Chief Executive Officer of MultiPlan. “With our recent partnership with the National Rural Health Association announced in September and the delivery of this integral solution to empower providers, we are uniquely positioned to transform rural healthcare as we understand the common market pressures and demands providers face, and we want to help.”
CompleteVue accompanies MultiPlan’s award-winning existing suite of tools like PlanOptixTM, a price transparency solution geared towards healthcare payors, brokers and TPAs. From the provider to the patient, MultiPlan is advancing price transparency within the market to bend the cost curve for all.
“CompleteVue was developed as part of MultiPlan’s continuing efforts to provide innovative solutions that drive positive change across all stakeholders in the healthcare ecosystem, by bringing market efficiency to an otherwise opaque healthcare marketplace,“ said Jerry Hogge, Chief Operating Officer at MultiPlan. “CompleteVue is a self-service platform that can be utilized by any provider to harness the insights provided by price and transparency for the services they deliver, which ultimately will improve quality and value of care for all.”
Source: Businesswire