Price Transparency Insights That Give You an Edge
We Transform Transparency Data Into Market Intelligence
Gigasheet transforms complex payer and hospital price transparency data into actionable insights, on demand.
“Gigasheet’s price transparency data has transformed how we access and understand negotiated rates. It’s been invaluable for managing reimbursements and staying competitive.”
Dr Timothy Mountcastle, MD
Chief of Plastic Surgery Emeritus
INOVA Loudoun Hospital
Data & Analytics in One Platform
Federal price transparency rules require insurers and hospitals to publish negotiated rates, but the machine-readable files (MRFs) are massive, messy, and hardly transparent. Gigasheet cleans, structures, and enriches this data so you can search any billing code, compare rates across payers, and benchmark against Medicare in a familiar spreadsheet interface that handles billions of data points.
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Business demands the utmost data protection, and Gigasheet delivers. We meet or exceed industry standards for data security, including SOC 2 Type II compliance. We never sell or share our customer data with third parties.
Price Transparency FAQs
What is healthcare price transparency data?
Healthcare price transparency data includes payer-provider rates that insurers and hospitals are required to publish under federal regulations. This data is released in Machine-Readable Files (MRFs) and, once properly cleansed, transformed, and analyzed, allows stakeholders to compare contracted rates across providers, payers, and services. Learn more here.
How does Gigasheet analyze Machine-Readable Files (MRFs)?
Gigasheet ingests and normalizes raw MRF data from payers and hospitals, cleaning it to remove outliers and errors. The platform enriches this data with provider details, specialty classifications, and geographic information, and proprietary analytic benchmarks making it easy to search, filter, and analyze negotiated rates by billing code, provider, or market.
Who uses healthcare price transparency analytics?
Healthcare price transparency analytics are used by health plans for network development and competitive benchmarking, providers for contract negotiations and market positioning, self-funded employers to optimize plan performance and reduce costs, and medtech and life science companies for market access and reimbursement strategy.
What billing codes can I analyze with Gigasheet?
Gigasheet supports analysis of all billing codes published by providers and payers (CPT codes, HCPCS codes, DRGs, and other billing code types) found in price transparency data. Users can compare negotiated rates across payers, benchmark against Medicare reimbursement, and analyze rate variation by geography or provider type. In addition to analyzing by billing codes, Gigasheet offers an API as well as leading-edge data science capabilities for custom projects.
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