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Make accurate hospital price comparisons with up to date hospital data

By Saurabh Pandey Subscribe to RSS | December 3rd 2011 | Views:

Gone are the days when hospital price comparisons and benchmarking was optional but with the changes in legislation it has become a must for you (hospital service provider) to complete the requirements like these.

Motivated by these demands we broke the ice in the year 1993, from when we have been providing hospital data for benchmarking analyses. With these custom hospital data analyses it becomes very easy for our clients to choose specific hospitals for pricing comparisons at the HCPCS or MS-DRG levels.

We are very fast in providing these electronic reports. We take just 48 hours for providing outpatient data, inpatient data, inpatient service line pricing, department level pricing, hospital room rates and hospital financial data, derived from Medicare cost reports.

With the help of MEDPAR file the researchers can view and follow the history of any inpatient who had been admitted in the hospital for treatment of any chronic disease. With MEDPAR (Medicare Provider Analysis and Review) report the patterns and outcomes after rendering the hospital care over a certain period of time can also be tracked by the researchers who are involved in mortality studies.

The MEDPAR records also correspond to final action claims data in which all adjustments have been resolved.

Since the consumers are becoming more and more knowledgeable about the cost of health care hence it becomes imperative for every medical service provider to have information about the necessary hospital data such as inpatient pricing and outpatient pricing. In addition to this hospital data we also provide the data by which anyone can make accurate hospital price comparisons. So it becomes a lot easier for the patrons to decide which hospital is the best for them.

When you are in a position to utilize the hospital price comparisons along with hospital benchmarking with the help of valuable hospital data then it becomes a lot easier for you to lead the community of hospitals. With the help of data provided by us you also come in a position to make accurate hospital price comparisons.

Patients and Centers for Medicare and Medicaid Service Providers are greatly benefitted by OPPS which is short for Outpatient Prospective Payment System. This system in form of a database is used by CMS to reimburse for hospital outpatient services. This system reduced beneficiary co-payments to a large extent. OPPS was implemented on August 1, 2000 and since then it has been made mandatory for every CMS hospital to have a Hospital Outpatient Prospective Payment System (OPPS) that provides outpatient services to patients.

Saurabh Pandey - About Author:
HPS benchmarks hospital outpatient pricing data by CPT4 HCPCS code, hospital inpatient pricing data by MS-DRG and service line levels, hospital room rates, and hospital financial data derived from Medicare Cost Reports. For more information visit

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