Price transparency in healthcare is a challenging terrain. With massive datasets, intricate file structures, and the need for accurate, up-to-date information, healthcare providers and analysts often spend more time wrangling data than using it to make informed decisions. Imagine if instead, you could quickly explore and analyze negotiated rates, benchmark payer contracts, and drive strategic decisions – all without advanced technical skills.
That’s where Gigasheet for Price Transparency Data comes in. Our platform transforms Transparency in Coverage (TiC) and Machine Readable Files (MRFs) into clear, spreadsheet-ready reports, making price transparency more accessible and actionable than ever before.
For healthcare organizations, Transparency in Coverage (TiC) data is essential, providing access to negotiated rates for medical services by billing code and payer. This data is invaluable for understanding reimbursement patterns, preparing for negotiations, and benchmarking rates across providers. However, the raw TiC data, often in the form of Machine-Readable Files (MRFs), is notoriously complex and challenging to work with. MRFs are known for their massive file sizes and inconsistent formatting, making it difficult to extract actionable insights. Without specialized tools, healthcare organizations struggle to derive value from this data, which can feel like searching for a needle in a haystack. The significant variation in file structures creates substantial obstacles for effective analysis. Additionally the sheer volume and lack of standardization in MRFs complicate the task of identifying and analyzing critical pricing data. Mercer also notes that the anticipated utility of this data remains unrealized for many, as data accessibility and quality issues persist.
Gigasheet is designed to take the technical complexity out of working with big data, and MRFs are no exception. By organizing these files into a familiar spreadsheet-like interface, Gigasheet makes it easy for anyone with basic spreadsheet skills to explore and analyze rates by billing code and payer. Our new offering, Gigasheet for Price Transparency takes it a step further providing curated reports in the same intuitive interface. With Gigasheet, healthcare analysts, business leaders, and practice owners can gain self-service access to essential price data, helping them make strategic decisions with confidence.
But Gigasheet doesn’t stop at price transparency data. Our platform also enables users to integrate multiple sources seamlessly, such as National Provider Identifier (NPI) data. For example, the complete NPI database enriched with Placekey location detail can be integrated right into Gigasheet Price Transparency reports, offering a more comprehensive view of provider and pricing data without any added hassle.
See how Gigasheet for Price Transparency Data can work for your organization: Book a time to see how we can help you leverage price transparency data to its fullest potential.
Gigasheet for Price Transparency Data empowers healthcare providers, business leaders, and analysts to transform raw data into actionable insights. Whether it’s benchmarking payer contracts, optimizing reimbursement strategies, or driving strategic business decisions, Gigasheet’s straightforward, spreadsheet-like interface gives teams the tools to work directly with price transparency data.
“Gigasheet’s price transparency solution has transformed how we access and understand contracted rates, making complex data easy to navigate. It’s been invaluable for negotiating reimbursements and staying competitive.”
Dr. Timothy Mountcastle, Chief of Plastic Surgery Emeritus at INOVA Loudoun Hospital
Gigasheet for Price Transparency Data is designed to meet the needs of various healthcare organizations, whether they’re small practices, mid-sized regional providers, or large national enterprises. We offer tailored packages that address different data needs and user volumes, including:
Each package includes quarterly data refreshes, onboarding, and premium support, ensuring healthcare teams can make the most of Gigasheet’s price transparency solution from day one.
Healthcare data shouldn’t be a burden—it should be a strategic asset. Gigasheet for Price Transparency Data enables healthcare organizations to move beyond data wrangling and directly into analysis and strategic decision-making. With a clear, familiar interface and powerful data capabilities, Gigasheet equips providers, analysts, and business leaders with the tools they need to stay competitive and responsive in today’s rapidly evolving healthcare landscape.