CMS Price Transparency - Panacea Inc.

Panacea’s CMS Price Transparency Suite: One Solution Meets and Exceeds ALL Final Rule Requirements.

One source. One leader. The power of one.

Implementing the CMS Price Transparency Rule requires more to do than meets the eye. Panacea provides a comprehensive CMS Price Transparency suite of services –to assure your prices are compliant, competitive and easily accessible by consumers.

The suite includes the following:

Disaggregation Algorithm & Report Set: This module processes thousands of claims and payment data and proprietary coding tables and algorithms to identify top shoppable items and create valuable charge, payment and allowable reimbursement profiles for ALL items and services.
Machine Readable File Validation Reports and Production: This module produces a machine-readable file containing gross charges and negotiated managed care rates for all items and services that hospitals can post on their websites.
Hospital Zero-Base Pricing®: Using Panacea’s HFMA Peer Review- designated Hospital Zero-Base Pricing software, data is processed to create defensible chargemaster prices with special analytics utilizing the developed “shoppable list.”
Consumer Display: There are three display levels: one displays gross negotiated charges; another allows consumers’ to enter co-pay and deductible to estimate out-of-pocket amounts; and a third integrates with an eligibility system to import the co-pay and deductible amounts. All are web and mobile friendly.

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