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Reliability
The process of modeling begins with the establishment of the "baseline", representing reimbursement under the current contract. Reliability is established by virtue of verification of the baseline to your actual claims experience.
Reporting
Reporting is presented in Aggregate and Drilldown Reports. Raw data can be exported to any number of applications so you can create the reports and analysis you need. Of course, we are always nearby to create custom reports to generate directly out of the Contract Modeling utility.
Reimbursement Dynamics
Modifying multiple business rules concurrently can often yield unexpected results because the
environment is complex, interdependent and fluid. The Contract Modeler easily computes
multiple and simultaneous modifications to a contract and reports aggregate and drill-down
reimbursement expectations dynamically, sometimes bringing to light unanticipated and
unexpected results (“Reimbursement Dynamics”).
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Predictive Analysis
The managed care contracting environment is no place for guesswork.
The Contract Modeler removes all ambiguity from the modeling process
and replaces it with reliable, quantifiable results that you can count on.
You know the implication of the smallest change to the business rules,
right down to the service level.
Contract Management
The Visium™ Modeler offers the added benefit of Contract Management,
allowing you to centralize and manage your contracts more effectively.
Organize all your contracts in a single application for quick reference
and easier maintenance. You can:
Centralize all your contracts and related documents
View any contract and the plain language Contract Summary
Access the underlying "contract terms" for a clear, concise audit trail
Model "business rules" that you intend to propose for the next contract
Continuously model counter-proposals during the negotiation process
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