SpectraMedix Releases VBP Contract Modeler Version 3.0 for Healthcare Payers

Latest version features a new user experience and expanded support that streamlines contract modeling across all Value-Based Payment business lines and arrangement types.

East Windsor, NJ — September 15, 2020 — Today SpectraMedix, a leading provider of solutions that streamline the advancement of Value-Based Payment (VBP) models to health plans and their provider networks, announced the release and immediate availability of VBP Contract Modeler Version 3.0. The latest release adds an intuitive user interface that simplifies and optimizes the entire VBP contracting process for payers and helps them foster ACO and provider adoption of value-based arrangements. This latest release supports Medicaid, Medicare Advantage, Commercial, and Medicare business lines across the entire spectrum of VBP types including shared risk and full capitation.

“We’re delighted to release Version 3.0 of the VBP Contract Modeler. It is a unique application that enables payers to model various risk-based contracts rapidly to advance into Value-Based Payments, and facilitate payer-provider collaboration,” said Raj Lakhanpal, MD, Chief Executive Officer at SpectraMedix.

The VBP Contract Modeler is one of four applications that comprise the VBP Performance Suite. It seamlessly integrates with the other applications which include the VBP Performance Portal, Cohort Manager, and SelfService Analytics.

SpectraMedix is hosting a VBP Contract Modeler Version 3.0 Showcase Webinar on October 8, 2020 at 1:00 PM EDT. This is an exclusive event open to the payer community. If you would like an invitation, please request an invite at https://www.spectramedix.com/vbp-contract-modeler-version-3.0-showcase.


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Nathan Brown