Transparent Pricing Methodology. suite 200, 438 e wilson bridge road | worthington, oh 43085-2382 888-779-5663 | www.cleverleyassociates.com. Procedure Pricing Study. About the Procedure Pricing Study.
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suite 200, 438 e wilson bridge road | worthington, oh 43085-2382888-779-5663 | www.cleverleyassociates.com
About the Procedure Pricing Study
The Procedure Pricing Study reviews a hospital’s prices at the procedure-code level and presents an analysis of suggested rate changes designed to enhance the defensibility and transparency of proposed pricing and to increase the amount of revenue collected per dollar of rate increase. This analysis is designed to allow management to impose a variety of restrictions on rate increases.
Additionally, Cleverley + Associates uses line-item detail from recent claims. This enables a more accurate review of projected recovery rates than simply using revenue-usage files.
Even if you have completed pricing analyses in the past, Cleverley + Associates can work with you to sharpen your adjustments. Changes in payer mix and/or contract terms can introduce new issues that Cleverley + Associates’ staff of analysts can help you resolve.
M o d e l i n g P h a s e
During the final stage in the Procedure Pricing Study, Dr. William O. Cleverley will assist you in creating a strategy for price adjustments, taking into consideration:
Flexibility of Modeling
By working directly with Dr. Cleverley and our staff of consultants, you have the ability to fine-tune your constraints to meet your hospital’s unique needs. Even if you are looking to remain revenue-neutral or strategically lower prices to align with market needs, we can show you the most effective way to do so.
Data on Cleverley + Associates’ prior pricing studies revealed:
One of the reasons Cleverley + Associates is a leader in the industry is our commitment to quality. We are with you every step of the way, helping youbuild financial strength.
438 e wilson bridge road, suite 200
worthington, oh 43085