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DSAAS for Medical Practices

Emily Elmore |

Data Science Can Empower Medical Practices

Data science as a service is a game-changer for medical practices looking to succeed in today’s data-driven healthcare industry. With tools like Pulse Medical, practices can access unlimited reports with up-to-date negotiated rates, compare rates by specialty and browse an interactive map of provider hotspots. Additionally, our tool offers custom reports created by HexIQ’s data science team, providing valuable insights into cost of care comparisons, reimbursement rates, and more.

Key Points:

  • Data science as a service is transforming the healthcare industry, providing valuable insights into complex reimbursement rates and regulations.
  • The HexIQ Platform empowers medical practices in contract negotiations with payers.
  • The tool allows practices to reference specific reimbursement rate data, monitor changes to their benchmarked ranking for negotiated rates in real-time, and determine which plans to participate in by comparing rates for their top billing codes.
  • The tool offers unlimited reports with up-to-date negotiated rates for providers, payers, and codes of interest, allowing practices to compare the lowest, highest, and average rates by specialty and browse an interactive map of provider hotspots.
  • Custom reports created by HexIQ’s data science team can provide valuable insights into cost of care comparisons, reimbursement rates, and out-of-network reimbursement rates by health plan.
  • With its customizable reports and affordable pricing, the HexIQ Platform is accessible to practices of all sizes and specialties.
  • Data science as a service can help practices identify areas for improvement and optimization, leading to improved patient care and outcomes.

Data science as a service (DSaaS) is a powerful tool for medical practices looking to succeed in today’s data-driven healthcare industry. With the HexIQ Platform, practices can access negotiated rate data and insights, monitor changes in their benchmarked ranking for negotiated rates, and determine which plans to participate in. And with HexIQ’s customizable reports and expertise in data analytics, practices can identify areas for improvement and optimization, leading to improved patient care and outcomes. Whether you’re a small private practice or a large hospital system, data science as a service can help you succeed in today’s complex healthcare landscape.

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