Identify cost savings and maximize revenue in your value-based arrangements using SpectraMedix value-based contract financial reconciliation.
By bringing previously siloed data together, health plans and providers can save money and maximize revenue in their value-based contracts. Our financial reconciliation solution equips health plans and providers with actionable, timely performance updates to course correct on contracts as needed and ensure success at the end of the contract term.
The SpectraMedix Platform delivers a tangible return on investment across key areas of your value-based payment program, achieved through heightened revenue and reduced costs.
Track VBP portfolio financial performance.
Track and manage VBP contracts and provider performance.
Deliver financial, quality, risk, and utilization insights.
Contract reconciliation as a source of truth for payers and providers allows for interoperability with the goal of reducing costs and excelling in risk arrangements.
Timely reconciliation allows health systems
to appropriately budget, reserve cash, and forecast revenue/losses.
End of the term comparison to third party
payer reporting allows for appropriate payment with limited conflict.
Drill down to specific ACO, TIN, and provider levels to identify underperformance with a goal towards improving financial results on a monthly basis.
Drill down to specific ACO, TIN, and provider levels to identify underperformance with a goal towards replicating their success for future contracts.
Clear financial representation of lost dollars from missed clinical opportunities at a provider level.
Allows health plans and providers to shift resources to struggling provider groups and identify ones close to meeting their goals who need a little push.
Enables users to easily compare and analyze up-to-date results on how providers and ACOs are performing against the terms of their value-based contracts.
Discover the wide range of benefits and capabilities that make SpectraMedix value-based contract financial reconciliation so valuable to health plans and providers alike when it comes to optimizing results in their value-based arrangements.
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