Payers will say your contracted rates are “on par” with those in your geographic area, but how can you be sure? It’s difficult to get a handle on competitors' reimbursement rates without access to their data.
In the end, you are at the mercy of the payer and potentially being paid a lot less for the same items or services and are at a huge disadvantage when it comes to contract negotiations.
With Rivet Benchmark, you’ll gain the insights you need and have always wanted to have on where your payer rates stand compared to others in your market. Rivet currently offers rate insights for insurers throughout the U.S. such as Aetna, Cigna, United Healthcare, and BCBS. We add local and national payers to the access list each month.
Finally you can stop wondering — start seeing where your rates fall and know where to strengthen your position with payers. You’ll gain clarity on the complexities of contracted fees to negotiate like a boss.
