Trella Health launches commercial payer data
By HME News Staff
Updated 1:52 PM CST, Thu November 14, 2024
ATLANTA – Trella Health has launched its Commercial Payer Rates Data solution designed to give organizations unmatched insights into commercial payer rates across the United States. With visibility into the rates of more than 10,000 insurance plans, covering more than 3.5 million health care providers and organizations, this dataset helps HME and infusion organizations better understand market and competitive rates, negotiate stronger contracts, uncover new payer opportunities and optimize revenue potential. Since January 2024, the enforcement of the Health Plan Price Transparency Act has required payers to provide pricing for all covered items, services and drugs. However, the raw format and large volume of these files can make extracting actionable insights challenging without significant time and resources. "Despite the public availability of this information, the way in which this data is published and the sheer size of the files makes it extremely difficult to access and aggregate," said Tyler Rardin, general manager, HME, infusion, specialty pharmacy at Trella Health. "Our commercial negotiated payer rates data simplifies this process, presenting insights in a digestible format, empowering our customers to analyze and leverage the data for strategic growth."
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