HSBlox and Deerhold's Strategic Collaboration for Enhanced Pricing Transparency in Value-Based Care Models

HSBlox and Deerhold Join Forces to Improve Pricing Transparency



In an era where transparency in healthcare pricing is more crucial than ever, HSBlox, a premier technology platform focusing on value-based care (VBC) contract management and administration, has aligned forces with Deerhold, a leading provider of healthcare data management solutions. This partnership signifies a significant leap toward equipping healthcare stakeholders—such as health plans, self-funded employers, brokers, and stop-loss insurance providers—with sophisticated tools designed for accurate network evaluation, program development, and seamless administration.

HSBlox’s platforms are known for operationalizing complex healthcare contracts while enhancing communication among all stakeholders involved in the healthcare supply chain. This collaboration promises to bring enhanced pricing transparency to value-based networks in ways that have not been previously achievable. Deerhold’s expertise in healthcare data can now be combined with HSBlox's robust technologies to optimize value-based care through improved accessibility to pricing information.

An Innovative Approach to Network Analysis



The partnership introduces a pioneering method for conducting thorough network analyses by integrating enriched pricing data derived from Medicare payment models. Deerhold’s strategy accounts for various regional discrepancies in Medicare rates and introduces a standardized format for assessing healthcare networks. Elements like provider types and wage indexes are now factored in, allowing a more nuanced evaluation of healthcare contracts. The data will also cross-reference multiple sources, aligning procedure codes based on their frequency of occurrence. This means that providers can showcase their actual contracted rates displayed as a percentage of Medicare—a straightforward method for clearer comparisons.

Streamlined Administrative Solutions for Value-Based Care



HSBlox's CureAlign platform stands at the forefront of this innovation, allowing for precise designs of value-based programs, contract modeling, and operational administration through a unique network-of-networks model. This model facilitates the onboarding required for the hierarchical relationships that govern risk-bearing contracts and alternative payment models. In addition to these features, HSBlox has earlier introduced the Carengage workflow solution which emphasizes better care coordination and patient outreach in value-based programs.

As healthcare transitions toward value-based paradigms, the advantages of utilizing the combined strengths of HSBlox’s Contract Rate Explorer and CureAlign become abundantly clear. These complementary tools can streamline referral processes, align primary and specialty care efficiently, and implement alternative payment models that can significantly improve healthcare outcomes while containing costs.

Executing Competitive Healthcare Solutions



Rahul Sharma, CEO of HSBlox, expressed enthusiasm about the collaboration, stating, "Through this partnership with Deerhold, we can provide our clients with expansive, streamlined, and uniquely tailored approaches to benefits, networks, and payments to deliver quality-driven models on a larger scale."

In tandem, Jeff Gasser, CEO of Deerhold, remarked, "As data on price transparency begins to inform the formulation of value-based care models, the prospect of collaborating with HSBlox excites us. This partnership allows us to offer complete visibility into contracted rates while also equipping our clients to manage these intricate alternative payment relationships effectively."

About HSBlox and Deerhold



With its commitment to empowering healthcare providers, HSBlox delivers a robust platform that ensures sustainable and effective management of value-based programs. The platform simplifies interactions among stakeholders and operationalizes diverse reimbursement models, making it a vital asset for organizations at any stage of their value-based journey.

Deerhold, based in Boston, specializes in SaaS-based healthcare solutions and delivers IT and software development services globally. With offices across the U.S., Nepal, and Japan, Deerhold retains a competent network of software engineers dedicated to revolutionizing the healthcare landscape with their innovative technological solutions.

Conclusion



The partnership between HSBlox and Deerhold represents a significant advancement in the pursuit of transparency and efficiency in healthcare pricing models. By leveraging each other's strengths, these two companies are paving the way for new healthcare solutions that prioritize both quality and affordability. As the healthcare sector continues to embrace value-based care, this collaboration is poised to have a lasting impact on how healthcare services are analyzed and delivered.

Topics Health)

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