Ingenix Provider Networks Platform
You can lower your costs while maintaining—or improving—quality of care. The principles of supply chain management can be applied to your purchased services, which represent up to ninety percent of your health care spend…a sensible place to begin.
Build and manage a better provider network by…
- Sourcing your credentialing
- Prizing your provider data
- Optimize your network
- Contract strategically
In the end, it’s sensible, incremental innovation that will drive your competitive advantage
Ingenix tools, data, and services can assist you through the following proven steps to network optimization:
Source your credentialing—a commodity with no competitive advantage—and pick up $0.3–0.5 million every year, and redeploy your resources.*
Clean and maintain your provider data—it presents opportunities for competitive efficiencies worth $3.5 million annually.*
Identify your optimal theoretical network—then migrate to save $5 million annually.*
Implement physician incentives—such as tiered networks or pay-for-performance structures and pick up another $5 million annually.*
* Calculations based on a mid-sized health plan with approximately 30K providers in network. Potential savings estimates are based on past client performance and deemed reliable, but are provided here for illustrative purposes only. Actual financial performance may vary.
To learn more, download the Ingenix Provider Networks Platform Brochure
Questions? To discuss how we can help your organization, please contact us: (800) 765-6713 or engage@ingenix.com
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