StrataJazz Strategic Pricing empowers healthcare leaders to meet price transparency mandates with pricing levels that are both strategic and defensible. Offset topline pressure with informed pricing decisions that leverage purpose-built algorithms and robust comparative market data. Use actual contracted payor terms to accurately model reimbursement impacts by payor.
Features and Functionality
Evaluate and set strategic pricing at the charge code level by case type, service line, or entity
Set defensible pricing based on the underlying costs to provide services, not just prior-year pricing
Track the financial impacts of pricing changes at the health system, entity, service line, or payor levels
Compare actual cost to price at the charge code level to benchmarks and the broader market
Project the impacts of proposed pricing changes on collections, contracts, volumes, and margins
Partner with trusted experts
Strata’s Advisory Services team partners with organizations looking to understand and improve the relationship between their tools, data, people, and processes.
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Assess current state
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Design software-enabled processes
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Optimize process improvement workflows