The Top Considerations When Selecting a Value-Based Contract Administration Solution
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QPay clients cover:
QPay™: Administer value-based relationships with transparency
QPay is a powerful end-to-end value-based contract administration platform that empowers payers and providers to create, negotiate, manage, report and settle their value-based contracts
QPay is a cloud-based solution that provides the infrastructure to administer value-based contracts
Engage provider networks with trust and transparency
- Share visible contract terms, calculations and math between payers and providers
- Continuously and automatically match clinical performance with financial settlement
Decrease administrative costs with automated analyses
- Avoid manual processes and cut costs with a cloud solution to administer value-based contracts that supports all major alternative payment models and products
- Improve settlement accuracy and compliance by automating analytics and reporting
Customize the solution to meet your needs
- Quickly implement value-centric products and network deals to increase time to value while including targeted quality metrics
- Respond to accounts seeking specialized value-based products, arrangements and designs
Supports alternative payment models, upside/downside, risk corridors and global capitation across lines of business, including commercial, Medicare and Medicaid
Design and model alternative model contracts
- Understand how new value-based payment models will affect provider revenue
- Identify partners that present the greatest opportunity for success
Create, store and share contract terms and algorithms
- Support effective collaboration among internal stakeholders throughout the contract negotiation renewal process
- Ensure consistency across contracts, terms and negotiation approaches
Interactive performance reporting and analytics tied to negotiated value-based contracts
- Continuously track prospective and retroactive performance
- Support providers in understanding performance and opportunities for improvement
Actionable insights to diagnose and act on high-value savings opportunities
- Customize analyses based on provider needs, status and business realities
- Access high-level dashboards and drill down by opportunity categories
- Evaluate contracted entities and potential savings to benchmarks
Engage clinicians with workflow alerts to shape future performance
- Directly integrate with care management systems
- Access bulk patient lists of priority patients
Settle contracts collaboratively between payers and providers
- Calculate and process accurate final settlement
- Integrate clinical and financial performance per contract terms for holistic contract settlement inputs
Ready to get the most from your value-based relationships?