NOW YOU CAN ESTABLISH DEFENSIBLE CDM PRICES 
            BASED ON COSTS, MARKETS & CONTRACTS WITH STRATEGIC 
            PRICING MODULE

        

           

        

           

           
          With MedAssets
            Strategic Pricing Module you can establish and maintain your CDM 
            prices based on actual costs and without spending hundreds of 
            thousands on a cost accounting system. If you already have a cost 
            accounting system that’s okay, with our Strategic Pricing Module you 
            can upload the unit costs for each line item and proceed to 
            establish cost based prices. Alternatively, you can base your prices 
            on the competitive environment or payment optimization algorithms. 
            If you want to utilize a hybrid approach (e.g. part cost based and 
            part based on optimization) to restructuring your CDM you can do 
            that too! 
            
With our Strategic Pricing Module you can also calculate 
            alternative pricing scenarios and model the net revenue financial 
            impact prior to implementation. You can do all of this with the 
            assurance that the prices established will be in compliance. 
        

        

           

        

          
            
FEATURES:

           
          Here are just a few features of our Strategic Pricing 
            Module:

            
    
              
  • Web-based platform (no expensive hardware required) 
              
  • Multi-user capability 
              
  • System can be used to decrease prices while maintaining net 
              revenue neutrality 
              
  • System can be used to establish cost based, market price based 
              or optimization/contract based prices 
              
  • You can establish your own customized peer groups for 
              comparative pricing at the HCPCS level from a claims database of 
              5,000 hospitals 
              
  • Different pricing methods can be used for each department 
              
  • Line item exceptions can be made easily within departments 
              
  • Net Revenue Modeling of alternative pricing schemes is made 
              easy 
              
  • Price thresholds can be set to respect multiple of fee 
              schedule or APC rates 
              
  • Related procedures (e.g. Chest X-Ray One view, Two View, Three 
              View) can easily be tagged up front to ensure that final prices 
              make sense 
              
  • Financial impact reports can be run at line item, department 
              or payor level 
              
  • System automatically creates an upload file of your new CDM 
              thereby eliminating the need for data entry of new prices