Healthcare Price Transparency
Price Transparency Solutions
CloudAstra has curated price transparency data from thousands of hospitals and dozens of payers and all of the data is readily available for consumption in a variety of different formats.
Unlock the Power of Data
Hospital Price Transparency Data
Providers
Track competitor prices. Negotiate better contracts. Stay compliant with CMS guidelines
Payers
Track payer prices. Negotiate better contracts
Employers
Find and compare providers. Know rates for common procedures
Competitive Market Intelligence - For Providers
- Compare your prices with top competitors
- Get access to Payer pricing and see how your competitors are getting reimbursed
- Get alerted when new competitor data is available and key prices change
- Understand how your price ranks in local, state, and national markets
- Check quality scores of your competitors along with their prices
- Build a data driven response to protect your market position with up-to-date pricing intelligence
- Run simulations on how price changes will affect revenues
Negotiate a better Employee Pricing- For Employers
- Determine what hospitals need to charge to commercial customers to break even overall using the Cloudastra platform with integrated NASHP commercial break-even calculation.
- Compare prices paid by employers as compared to prices paid by Medicare for both inpatient and outpatient care.
- Simulate savings and/or potential financial loss.
- Often, employers need the ability to simulate Medicare prices to create a benchmark. Cloudastra’s solution can assign services to case-mix groups and assign a price for each service based on the national base rate, case-mix group, hospital-specific adjustments, and other outlier adjustments. For each service, we can measure the amount Medicare would have paid for the same.
CMS Compliance
- Stay compliant with CMS guidelines for transparent pricing data
- Publish validated pricing data
- Support patient portals
Contract Negotiation - For Providers & Payers
Get an advantage in Payer-Provider contract negotiations by having competitor health plan contract pricing data readily available via the Cloud Astra Transparent Pricing data.
Search by top CPT/HCPCS/DRG codes or by provider/payer to determine competitive pricing that can help during contract negotiation
The challenge
No single data source
Pricing data from hospitals and payers is readily available but it is in a variety of formats. Collecting and curating this data can be daunting and time consuming
cloudastra solution
Curated Data As A Service
- CloudAstra has downloaded and curated data from thousands of hospitals and dozens of payers and it is ready to access via a convenient set of reports. Able to export to excel and slice and dice as required
- Explore data by CPT Code, HCPCS code, geography, price ranges, and a variety of other dimensions
- Data is available from over 2000 hospitals across the US
- Drug data is available from over 200 hospitals
- Medical equipment data is available from over 150 hospitals
The Challenge
Keeping track of the competition
Customer retention is a huge concern for hospital systems. Hospitals around you could be changing their prices and monitoring published prices manually is cumbersome
CloudAstra Solution
Automated alerts
Create automated alerts on the platform to keep you informed of price changes among the competition. Review prices for top codes that are of interest
The Challenge
Navigating multiple systems
You may already have solutions and dashboards that are being used by your business. Adding another user interface could just become a hindrance
Embed our data in your solutions
Access the Cloud Astra data directly within your solutions so there is no need to introduce another user interface. Provide additional value to the business by bringing in transparency data into your user interface.
Utilize the CloudAstra APIs to access Hospital and Payer data
Choices
Subscribe to everything or choose from an ala carte list
Choose to subscribe to all the data that is available or you can pick and choose the data that would be most useful for your business
Access using reports or APIs
Get access to the Hospital and Payer data you need using reports that can be exported to spreadsheets or use our convenient APIs to access the data and embed within your application
The Challenge
I need additional reports
With the vast amount of data and dimensions available you may want to slice and dice information slightly differently or there may be a need to add other data sources to add more dimensions
Extendable solution
Cloud Astra can work with you to provide the additional reports that are needed. Talk to us about your requirements
Frequently Asked Questions
How is the solution installed
Cloud Astra Transparent Pricing is a cloud based SaaS solution that is hosted and readily available for our customers
Is it cloud based
Yes, Cloud Astra Transparent Pricing is a cloud based SaaS solution
How is the pricing
Cloud Astra Transparent Pricing is available on a subscription basis
How long does it take to deliver
The Cloud Astra Transparent Pricing database is readily available upon signup for the services