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Unlocking the Power of Historical Price Transparency Data

Writer's picture: Jerry DiMasoJerry DiMaso

Overview of Use Cases for Historical Price Transparency
Overview of Use Cases for Historical Price Transparency

Accessing and understanding historical price transparency data has always been a challenge. The sheer volume and complexity make it difficult to track trends, identify patterns, and detect anomalies over time.

This often leads to decision-making without the full picture. Customers wrestle with this by manually piecing together old statements, email threads, and scattered public data—an inefficient, time-consuming process. Worse, these methods often were forced to rely on incomplete or inaccurate information.

To solve this, we’re introducing the Date Snapshot feature. This new tool simplifies historical rate analysis, giving users access to past pricing data to navigate healthcare costs with greater confidence. Users can select specific timeframes when creating fee schedules or rate comparisons.


Snapshot of Payerset UI using historical data
Snapshot of Payerset UI using historical data

How Can Historical Price Transparency Data Improve Outcomes? 

✅ Leverage Historical Rate Data 

Access to past negotiated rates helps users bring concrete data to the table, strengthening their position in pricing discussions with payers and providers. This eliminates reliance on estimates or assumptions.

✅ Identify Areas for Rate Reductions 

Analyzing rate changes over time can reveal unnecessary increases or significant price fluctuations, providing leverage to negotiate more favorable terms.

✅ Benchmark Against Industry Standards 

Comparing current negotiated rates with historical market trends helps organizations determine competitiveness and adjust contracts accordingly.

✅ Spot Unfavorable Contract Terms 

Users can identify past instances where negotiated rates were unusually high or misaligned with industry norms, ensuring future contracts are more balanced and fair.

Get Started

Payerset customers already have access to this feature within the Fee Schedule and Rate Comparison tools. And we’re just getting started—more enhancements are on the way! If you want to try it yourself or learn more, you can reach us at info@payerset.com.

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