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State-of-the-Art Pricing Software

Many hospitals create pricing strategies without knowledge of their market position. By raising or lowering their prices without understanding their competitors’ rates, these hospitals can end up losing opportunities or creating a poor public image. So how do you define your market position and make more informed pricing decisions; with the help of MedCom Solutions’ pricing software.

MedCom’s MPNavigator® Software as a Service (SaaS) keeps track of market percentile data that is derived from the most recently available Medicare reported price information—by facility. This data is then analyzed for outliers and used to calculate pricing percentiles, which enables the measurement of future and current market positions. This is the perfect solution for both inpatient and outpatient hospital services, classified by:

What it is

Market percentile data is derived from the most recently available Medicare reported price information, by facility. This data is analyzed for outliers and used for calculation of pricing percentiles, which enables measurement of current and future market position. MedCom’s MPNavigator SaaS solution is available for inpatient and outpatient hospital services, classified by:

Upon selecting the facilities to include within the market benchmark listing, a variety of pricing percentiles may be chosen for position analysis. Options for Market Benchmark Selection include facility listing by

  • DRG
  • CPT®/HCPCS
  • CMS Certification Number
  • GeoZip Code
  • County
  • State

The Benefits of a Comprehensive Pricing Review

Adding market benchmark data to create a comprehensive pricing review enables you to make informed decisions regarding your pricing methodology. With our MPNavigator®  SaaS solution, your facility can:

  • Bolster annual pricing assessment with data from a custom listing of selected facilities.
  • Navigate the healthcare marketplace with confidence.

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