Design, Evaluate, and Simulate Successful Contracts
Accelerate and Optimize Contract Design
Designing value-based contracts is a complex and time-intensive process that relies on fragmented data and intricate spreadsheets for contract modeling and evaluation.
The AI-enabled SpectraMedix Contract Modeler streamlines this process, drastically reducing the time required to design and simulate value-based contract performance. This purpose-built solution for value-based contract development empowers health plans and health systems to evaluate the financial impact of different contract types, provider networks, and performance scenarios across all lines of business.
Smarter Contract Modeling to Empower Negotiations
Simulate financial performance across multiple parameters, performance levels, and risk-sharing arrangements to improve negotiations and align with organizational objectives.
Create Contracts in Under an Hour
Accelerate contract design and evaluation using a tailored, workflow-driven interface built for efficiency.
Optimize Provider Networks for Success
Strategically align providers with contracts and incentives designed to help them thrive and achieve shared goals.
Maximize Contract Performance
AI-based Contract Ingestion—Automate the integration of your contracts using advanced natural language processing (NLP).
Simulate Financial Impact—Model the effects of quality, utilization and risk scenarios across various contract types and payout structures.
Predict Provider Performance—Evaluate top and underperforming providers to optimize network alignment and incentives.
Standardize Contracts—Streamline contract creation and negotiations with reusable, pre-designed templates.
Leverage Historical Data—Build contract models rooted in your providers’ unique data, ensuring trends and insights reflect your market.
Simplify Joint Operating Committee Reporting
Automate and personalize financial reporting on quality, risk, and utilization—by contract with practice- and provider-level transparency—to help providers understand and improve their performance on value-based contracts.
Where Do You Fit In?
The SpectraMedix VBP platform empowers users across your health plan's value-based care enterprise with solutions to your specific, role-based challenges and pain points.
Value-Based Contract Teams
Easily track and manage value-based contracts and provider performance
Provider Network Teams
Provide detailed transparency into quality, risk, and financial performance
Contract and Medical Economics Teams
Model and adjust value-based contracts to maximize revenue and promote cost-effective care
Finance Teams
Track value-based program portfolio financial performance
Analytics Teams
Deliver financial, quality, risk, and utilization insights to health plan and provider stakeholders
Ready to Delve Deeper?
SpectraMedix is here to help you crawl, walk, or run toward your value-based payment goals. Contact us today to find out how we can help you more effectively manage and expand your value-based portfolio across all lines of business.
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