Provider Network Intelligence Platform with Advanced Competitor Analysis

Transcription

1 Provider Network Intelligence Platform with Advanced Competitor Analysis

2 Strategic Network Analysis for Your Advantage Nine out of ten Fortune 500 Payors use Network360 TM, the cornerstone of our provider network intelligence analytics platform. From internal benchmarking and network maintenance, to outward-facing reports with focused data points, to dashboards that provide a clear and complete picture of your market, Network360 enables organizations to derive unparalleled value from network-tagged provider data. Optimize networks while retaining or winning key accounts by using data-driven insights that deliver successes on a large, repeatable scale. Nationwide Data Strategic Reporting Actionable Intelligence Comprehensive coverage 400+ PPOs, HMOs Thousands of networks 50 States + DC, PR Varied Lines of Business Commercial Medical Dental Worker s Comp Medicare/Medicaid Tiered and Narrow Networks Specialty Networks For Senior Management Executive-level dashboard reporting gives you an overview of all your territories Drive internal strategy with a comprehensive understanding of the competitive landscape Stay on the leading edge of industry developments by using network volatility to identify competitor trends For Product Development/Strategic Planning Identify potential new markets Develop new delivery models for existing markets (narrow, tiered, ACOs) Fine-tune existing products based on competitive landscape For Sales & Marketing Target marketing and selling activities to your geographic areas of strength Understand provider overlap between networks prior to renewal. Standard and enhanced Disruption Analysis for RFPs Identify optimal networks and close the gap with client surveys For Network Development/ Management Highlight network gaps Benchmark networks against key competitors by geography and specialty Build recruiting lists from competitors providers Monitor network volatility For Competitive Intelligence/Market Research Identify competitor trends in volatility Combine competitor data with other resources for an in-depth analysis strenuus network360 2

3 Customer Retention Tool Based on Your View Use credible, third-party verified network information to show demonstrable strength in your competitive service areas whether in the RFP process, a marketing campaign, a strategic assessment, or when presenting to the broker and consultant community. Monitor developments in your competitors networks to identify changes in their market position and receive a real-time warning when the competition is closing in. Analyze competitor networks over time to identify key changes in the market, take advantage of opportunities ahead of the competition, retain clients, and win new business. Disruption Analysis Enterprise Sharing Verification Strenuus is the only one with True Disruption TM Win RFPs with up-front knowledge of the competition s disruption statistics Prove your network advantage to potential Clients with comparisons between your data and the published directory data from the incumbent Flag and eliminate provider records that cannot be confirmed against any published directory source Customize our tools with your unique business rules and communicate your advantages to prospects and current clients Unlimited Access -Enterprise Wide No per-user fee Implement the platform throughout the enterprise without the need to increase budgets Tailor data to your department s needs and share across the organization Manage account access internally Easy Report Export Export complete reports and raw data with minimal effort Easily rerun reports from quarter to quarter with saved settings FlexSelect Quickly respond to market shifts with an enterprise-level subscription plan that combines large data needs, steep discounts, and flexibility Augment your Network360 service and provide a foundation for other types of analyses with integrated data from premier partners LexisNexis and Healthcare Data Solutions Highly Accurate Data Continuous data feeds from private database sources Dedicated call center for provider and practice updates Data API options State and federal licensing and enumeration sources 3

4 Advance Your Network Intelligence with Network360 TM Executives & Senior Management use Network360 for strategic positioning. Our executive level dashboard delivers a high-level overview of network data. Dynamic visuals and map views allow you to quickly grasp your position in the competitive environment and quantify strengths and weaknesses to drive internal strategy. Identify opportunities and threats in the market and position your enterprise as the market leader with Network360. Product Development & Strategic Planning use Network360 to develop products based on the competitive landscape; develop new delivery models (narrow, tiered, ACOs), identify potential opportunities in new markets, or fine tune offerings in existing markets. Sales & Marketing professionals use Network360 to understand their competitive advantage and highlight network strengths for both existing key accounts as well as potential clients. Objectively show which of your networks offer the least disruption for key accounts and prospective employer clients. Identify important providers with integrated surveys and identify optimal networks for your clients. Identify network strength with specific provider groups and by region for targeted marketing and selling activities. Verify providers in the incumbent data against the incumbent s own directory. Establish a baseline for network overlap to determine the validity of incumbent data used in RFP situations. Network Development & Management professionals use Network360 to develop and optimize competitive networks. Identify strengths and weaknesses in specific regions and specialty groups, monitor network volatility and your competitor s positioning, and identify direct contracting candidates. Network360 answers questions like: Which providers are exclusively in competitor networks? Which candidate providers do I already have under contract for other products? Which prospective providers have admitting privileges at my network hospitals? Competitive Intelligence & Market Research professionals use Network360 to monitor industry and competitor trends and identify opportunities. Use competitor data in combination with additional resources for an in-depth analysis of the competitive landscape. Add value through network analysis: Leverage Network360 TM across your organization strenuus network360 4

5 Not all competitive network intelligence tools are the same Simply collecting competitor network data won t add value to your organization. Without the right resources and tools, you cannot effectively analyze the competitive managed care environment and gain an understanding of how changes will affect your business. Add value by effectively and efficiently analyzing competitive network data to support informed, data-driven decisions and develop actionable strategies. Highlight your strengths in the marketplace with quality data, clear reports, and reliable, intuitive tools. Strenuus can help with the following lines of business: Commercial Medical Dental Worker s Comp Medicare/Medicaid Tiered and Narrow Networks Specialty Networks Comprehensive coverage with data from over 400 payors and thousands of networks in all 50 states. Provider Matching with activematch One of the greatest challenges in provider data matching involves individualization or identifying unique providers. The challenge of matching providers across data sources is welldocumented. Providers are often listed under different names; like, William, Will, or Bill; and practice at multiple locations. Revolutionize the way you evaluate and understand differences in provider networks. Ensure high confidence matches with ActiveMatch, our proprietary dynamic matching algorithm that allows for intelligent comparisons. Reliable Data Strenuus maintains the only comprehensive national database of network-tagged providers, giving you the ability to make market comparisons to virtually any competitor or market. Strenuus also provides monthly or quarterly updates depending on the needs of the project - ensuring your data is current. Enterprise-Wide Unlimited Access An all-inclusive subscription makes it easy to extend these tools to various departments without any additional expenses. Manage account access internally, tailor data to each department s needs, and share data across the organization. Collaborate and Share Save and share information with others, even if they aren t Network360 users. Saved reports and queries make it is easy to pick up where you left off or run reports with new data. FlexSelect Data Access Your business needs are constantly changing; shouldn t you have access to competitor network data that adapts to these requirements? The FlexSelect enterprise-level subscription combines large data requirements, steep discounts, and flexibility, so you have access to the data you need. Leverage our vast repository of networks to regularly update your data and stay ahead of the competition. Verified Provider Details Without diligent data management and maintenance provider records will contain errors and missing information. Because provider records are used both internally across the organization and externally for outreach and directory information, inaccurate data confuses staff, clients, and members. Poor provider data quality leads to misconceptions in the market; name and address variations lead to duplicate records that portray networks as larger than they actually are. Integrated, verified, and comprehensive data corrects these misconceptions. Network360 can include primary- source verified provider data from premier partners like LexisNexis and Healthcare Data Solutions to deliver accurate information. Expand the opportunities for Network360 utilization across all departments within your organization with verified provider demographic information, practice locations, hospital affiliations, education and sanction details. True Disruption What happens when you combine the traditional disruption approach with competitive provider data from Strenuus? A true method for identifying, classifying and taking action on all aspects of an employer s claims usage. Our integrated disruption reporting changes the game to your advantage. Easy Report Export Export complete reports and raw data with minimal effort. Easily rerun reports from quarter to quarter with saved settings. 5

6 With Network360, it s Your Project and Our Expertise When you select the competitor products that you want to analyze, we ll do the heavy lifting: data collection, cleansing, standardization, matching...and reporting. Not sure where to begin? Our network bundles provide quick access to the most relevant provider data in your target markets with the flexibility to add networks as you grow or change strategic focus. Getting Started Collection Processing Delivery & Updates Competitor Networks Select the competitor provider products (plans or networks) that you want to compare. Choose any delivery model: HMOs PPOs POS Tiered Narrow Networks Collection Proprietary technology to gather any public directory data - this process has been refined and perfected over ten years. Your Networks Maximize your advantage and use the most up-to-date roster, by providing the data for your provider networks via secure delivery. Our state-of-the-art hosting facility can process it on-demand: weekly, quarterly, or monthly. Your data is your data - only your company has access to it. Count Validation & Gap Analysis Normative Reporting Harvest Validation File Consistency Comprehensive QA Processing Data Cleaning Standardization Duplicate Checking Normalization Geocoding Facility Mapping activematch ActiveMatch, our proprietary dynamic matching algorithm, is designed to fit each client s unique needs. Developed and refined over ten years, ActiveMatch allows for intelligent comparisons to ensure high confidence matches. Individualization: Physician matching Hospital and facility matching Current Data Strenuus manages the data and provides updates to fit your business needs - because provider information is always changing. Highly Accurate Data Verified data is integrated into Network360 though continuous data feeds from private database sources. Dedicated call center for provider and practice updates Data API options State and federal licensing and enumeration sources No Additional IT Infrastructure All the processing is done on our secure servers, meaning no additional IT investment. strenuus network360 6

7 Q: How do I show that my Network is better than my competitors? A: Demonstrate your strengths with Network360 s comprehensive reports. Customize our tools with your unique business rules to clearly present your advantages. Network Comparisons & Reporting Summary Overview Compare Networks Unique Tools Dashboard The dashboard view gives you a high level summary of network comparison data with the ability to dig into the underlying details behind the overview with just a click. Change report parameters and the dashboard updates automatically. Compare Networks Network Overlap Understand network overlap with provider counts for overlapping and exclusive providers. Easily visualize overlap with the Venn diagram view. Provider Volatility Monitor network trends by tracking adds and drops resulting from changes in contracts; not just practice locations. Visualize geographic volatility with a map view. Network Strength Measure the strength of your network compared to competitors. Understand your strength by specialty group and in specific regions with the map view. Rank Networks Quickly and easily create a list of critical providers and identify networks that provide access to those providers. Create a List Generate lists of providers based on flexible criteria that you can mix and match - like location, networks, specialty groups, and even your own tags. Look up a Provider Quickly look up providers by name, geography or ID. Tag providers and add comments that will be carried through project generations. Accessibility Analysis Coming in 2014: Geographic accessibility analysis - In the same way our integration of competitor data with disruption analysis has transformed one benchmarking tool, Strenuus will deliver the same innovation to legacy accessibility reporting. Network360 features tools that are intuitive, interactive, and get you the information you need faster 7

8 Retain clients and win new business with the most advanced provider network intelligence platform Experienced Team. Proven Results. Partner with the only company whose proven approach combines comprehensive provider network data with the tools that deliver actionable analysis to give you a competitive edge. Gain access to our nationwide database of competitor networks to accurately benchmark your business. Bring proven, repeatable processes to your organization for success. With more than 20 years of experience in the health industry, Strenuus dedicated team is driven to deliver the results that matter to you. An investment in Network360 TM Enterprise Platform delivers successes for your organization on a large, repeatable scale; this is why more than 95% of our clients use our network competitive intelligence solution year after year. Call or today: sales@strenuus.com 7OO7 College Blvd, Ste 43O Overland Park, KS About Strenuus As the industry leader in provider network comparison and analysis, Strenuus is one of the largest collectors of managed care data in the US. With a singular focus on the managed care industry, we provide services to 9 out of 10 Fortune 500 payors and support our clients network development and analysis needs in medical, dental, Medicare, Medicaid and specialty networks. Our client list includes leading managed care companies, consultants and healthcare IT companies, including portals, public, and private exchanges. Data-driven reports generated using our powerful suite of products help executives, sales organizations and network development teams gain insights that are turned into competitive advantages in the marketplace. Our proprietary data processing platform, enhanced by ActiveMatch technology, is used by prominent benefits enrollment companies to power their consumer-facing healthcare provider searches and decision support tools. strenuus network360 8