Deerhold launches platform for healthcare decision support

Deerhold has launched the PRIZM platform. It helps healthcare stakeholders make data-driven decisions. The platform uses new price transparency information. The platform combines machine-readable files (MRFs) required by healthcare laws with other data. This helps hospitals, payers, employer groups, and insurers gain useful insights.

PRIZM currently includes three core solutions. PRIZM Rates offers pricing insights to help hospitals, practices, payers, and investors. It shows rate differences and boosts competitiveness. PRIZM Networks helps carriers, brokers, and health plans evaluate provider networks. They assess these networks against Medicare benchmarks. This supports cost-effective solutions and ensures fiduciary compliance. PRIZM Shopping helps health plans, TPAs, and employers meet transparency rules. It gives members tools to estimate their out-of-pocket costs for covered services. A fourth tool is in development with Windsor Strategy Partners. It will give actuarial analysis for network discount selection. This will improve stop-loss quoting accuracy.

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Deerhold simplifies access to complex pricing data. This helps improve transparency, cuts inefficiencies, and boosts confidence in financial and clinical decisions in healthcare. The platform shows a bigger trend. It turns regulatory data into useful insights. This helps with compliance and cuts costs.