As your provider contracts grow more complex, it’s harder and harder to predict how the proposed terms will affect your bottom line. At a time when containing costs and increasing efficiency can be critical to meeting the demands of healthcare reform and staying competitive, your ability to effectively analyze the financial impact of contracts is crucial. The answer is NetworX Modeler®. This solution provides the business intelligence and analysis that your contract managers need in order to negotiate contracts that are financially viable for your organization and agreeable to providers. By improving your ability to analyze data, compare contract proposals and accurately forecast results, the NetworX Modeler solution helps you negotiate and manage your contracts more effectively—and in a fraction of the time you once spent on these tasks.
NetworX Modeler® is a sophisticated contract modeling application that enables your contract management teams to perform in-depth, high-precision analyses of all provider contract scenarios. You can download actual historical claims data and run different scenarios at the contract-term level—no matter how complex the rates and terms. With this information, you can quickly forecast results, negotiate the best terms and improve the financial outcomes of every contract. All this can be done without the need of support from IT or other departments.
The NetworX Modeler® solution also helps you:
In addition, the solution enables you to dive more deeply into “what-if” scenarios when analyzing provider contracts. Actionable reports provide customized, color graphs and bar charts. NetworX Modeler delivers sophisticated business intelligence that can help improve forecasts and decision-making during contract negotiations. With this innovative application you can:
Our world-class services include application hosting and management, business process services, and consulting. TriZetto’s application hosting and management are delivered via cloud technologies to give clients flexible and scalable business services. Our global team of experienced professionals possesses deep knowledge of both the healthcare industry and TriZetto solutions, helping clients solve their unique business challenges and achieve results more quickly.
Optimizes its provider contracting initiatives and reimbursement approval processes with TriZetto’s NetworX Modeler.
© 2017 Cognizant TriZetto Software Group, Inc. All rights reserved.
TriZetto provides healthcare organizations with comprehensive IT solutions for core administration, healthcare analytics, care management, value-based insurance design, healthcare IT consulting and more. TriZetto’s leading claims processing system helps reduce costs and improve processing speed, while TriZetto’s network management application provides sophisticated tools for contract modeling, claims pricing and payment bundling. TriZetto’s care management solutions integrate clinical analytics into physician workflow more effectively. And TriZetto’s healthcare IT outsourcing services enable organizations to reduce costs and focus on critical business objectives.