Revelar Analytics’ Price Transparency Tool at Affordable Rates: First Launched in Maryland with MedChi

At Revelar Analytics, we understand that data comprehension is the cornerstone of informed decision-making in healthcare. Our team of dedicated analysts leverages innovative proprietary technology to provide our clients with unparalleled price transparency.

Throughout 2024, Revelar assisted organizations around the country in identifying opportunities using our data by providing them with software and consulting services that enabled them to shape their strategy.

Today, we are excited to announce that we have designed a product that we have named Primo. This product allows physician organizations, or anyone that is completing a contract negotiation with a commercial payer, to negotiate commercial rates at a significantly lower price point. Primo reveals 5 new codes per month, by specialty, and it is aimed to help smaller practices get access to data that has been unavailable to them in years past.

This introductory module is tailored for IPAs, MSOs, and for small private practices. It augments your organization’s leadership with valuable insights into fair market value, offering a focused scope and a lower upfront investment than traditional price transparency tools.

Primo is a groundbreaking tool in price transparency. Unlike traditional fixed datasets that require constant maintenance, can become outdated, and/or require personnel with significant data analytics capabilities, Primo allows any user to easily compare rates for top billing codes, by taxonomy (specialty).

Traditionally, smaller practices have been unable to:

• Store, transfer, and manage large machine-readable files

• Process queries with millions of rows of data

• Afford a vendor to fulfill a ticketed request, only to be left wondering what they are even looking at

Here is what you get with Primo:

• One payer (of your choice)

• One state

• One specialty (of your choice)

• Monthly list of select CPTs (professional, institutional, and modifiers)

• Data delivered monthly, aggregating the minimum, maximum, and average reimbursement in the region, for your chosen specialty

• Dashboard for professional and institutional details

• Low monthly fee; 1 year contract

In this screenshot you can see the significant variation in costs, in a human-readable format, across providers. There is about a 3x difference for the same procedure, in the same catchment area, while there is no significant variation in care quality. All these organizations deliver the same high-quality care based on accepted public metrics.

With Primo by Revelar Analytics, your practice can understand the fair-market value of your top billing codes. All you need is a log-in to our web app to explore the rates each month!