SAN FRANCISCO--(BUSINESS WIRE)--Clarify Health, a leading healthcare analytics and value-based payments platform company, today announced it has been cited in the 2023 Gartner® Quick Answer: U.S. Healthcare CIOs Use Price Transparency Data to Improve Business Outcomes. The Gartner report states, “Under the Transparency in Coverage (TiC) final rule and the No Surprises Act, the Centers for Medicare and Medicaid (CMS) requires machine readable files (MRFs) be published in a specific format. However, data quality is highly variable, making it difficult to deliver accurate data for actionable insights.”
“The ability to take raw claims data and create rich intelligence into market pricing is critical to assessing the value of care and enabling more effective contract negotiations,” commented Jean Drouin, MD, founder and CEO, Clarify Health. “Our recent release of a no-code query engine to power our Clarify Rates product, a price transparency intelligence software, allows payers and providers to instantly query 500+ terabytes of enriched price transparency data in an easy-to-use user interface and generate reports on market prices in seconds, instead of hours.”
Gartner said, “Healthcare payer and provider CIOs that extract the data, stored in machine-readable files (MRFs) can use it to derive consumer-facing healthcare actionable insights for a competitive advantage — and strengthen their healthcare organization’s growth position.” Clarify helps payers and providers gain healthcare rate transparency at the individual payer, provider, DRG and CPT code levels, enabling them to see not only how rates compare in a market, but also how they compare to specific health plans and providers in that market.
This is the second time this year that Gartner® has recognized Clarify Health. In February, Clarify was named a Representative Vendor in the Provider Network Management Applications category in the 2023 Gartner® Market Guide for U.S. Healthcare Payers’ Provider Network Management Applications for its products Clarify Network and Clarify Rates.
To learn more about Clarify’s rate transparency solutions, please visit https://clarifyhealth.com/solutions/price-transparency/.
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About Clarify Health
Clarify Health is an enterprise analytics and value-based payments platform company that empowers payers, providers, and life sciences companies to deliver better care, therapies, and outcomes with actionable patient journey insights. Clarify’s cloud-based business applications are built on the Clarify Atlas Platform, which maps 300M+ patient journeys to deliver 18B+ AI-powered predictions and surface insights with speed and precision. Clarify’s products illuminate actionable opportunities to drive growth, optimize networks, improve care delivery, manage population health, maximize value-based care performance, and bring therapies to market. With Clarify, healthcare organizations can leapfrog from point-solution and manual analytics to self-service, rapid generation of enterprise insights that light the path to better care and outcomes.