What We Do
What We Do
Transform Your Data to Unlock the True Cost of Care
TruVue Analytics provides a cost-of-care management system that transforms data into actionable intelligence. The platform translates complex data and presents it in a way clinicians, supply chain, and finance can easily understand. This approach builds trust between stakeholders and provides a roadmap to enable both clinical and financial goals to be met. This type of alignment with existing methods of reporting is difficult. Data accuracy, data clarity, and leveraging legacy coding types made alignment very difficult to achieve. The TruVue way enables physicians and hospital administrators to make device and implant decisions based on both clinical needs while measuring real-time financial impact.
Our data-driven approach and personalized service ensure healthcare organizations utilize net pricing to consistently achieve KPI targets and increase profitability. Our cloud based platform collects and cleans data at speed and scale to ensure more accurate decision-making.
Initiative management, implementation, and monitoring
Hospitals struggle to perform more than 1 to 2 initiatives annually, leaving millions on the table each year in initiatives yet to be completed. Hospitals view initiatives from a cloudy lens containing old and corrupt data. Long-term contracts are signed even though new products are introduced annually. Worst, once a service line initiative ends, rarely are people looking to ensure savings offered are delivered.
TruVue cleans and integrates data from the EMR, ERP, vendor contracts, and other key data. This allows easy, real-time calculation of net price and spend information by physician, procedure, facility, and vendor. This also facilitates construct benchmarking, clinical outcomes and cost variances, total cost of care management, and value-based care metrics.
TruVue provides a dedicated team for data analysis and direction. The team works with hospital leadership to provide direction for how to most effectively reduce spend and improve outcomes. This process generally includes ongoing physician engagement, vendor contract negotiation, monitoring, course correction, metrics, dashboards, contract compliance monitoring, and regular business reviews. The goal is to ensure that promised savings are delivered.
TruVue analytics checks all boxes and works at scale. Run all your service line initiatives every year without hiring more headcount.
Rebate Management
TruVue’s rebate management module is a one-of-a-kind industry offering. Managing rebates is a tedious and time-consuming process. Standard reporting applications cannot manage all the rebate permutations offered by Device Manufacturers. These manufacturers count on you not being able to accurately track rebates. You need a true system that takes the EMR and ERP data and marries it to the underlying rebate contracts. TruVue’s rebate management is forward-looking. What does that mean? It means the system will collect all the rebates you are used to receiving and up to 20% more.
Rebate Management
TruVue’s rebate management module is a one-of-a-kind industry offering. Managing rebates is a tedious and time-consuming process. Standard reporting applications cannot manage all the rebate permutations offered by Device Manufacturers. These manufacturers count on you not being able to accurately track rebates. You need a true system that takes the EMR and ERP data and marries it to the underlying rebate contracts. TruVue’s rebate management is forward-looking. What does that mean? It means the system will collect all the rebates you are used to receiving and up to 20% more.
Cost and clinical variance control
Cost and clinical variance control are essential aspects of healthcare management. Cost-effective and high-quality clinical care should be the goal of every health system. To control cost variance, healthcare organizations must put in place strategies to reduce unnecessary or wasteful spending. Optimizing resource utilization, negotiating better contracts, and eliminating inefficient practices.
To begin, healthcare organizations need a partner who understands their needs. Proper variance control involves people, processes, and technology. Technology to clean and organize data. Without clean, clear, and up-to-date data, facilities cannot identify trends. Without trend evidence, supply chain and finance cannot engage and align with physicians. Without physicians onboard, negotiations with device and disposable vendors fall flat.
Want to lower and control costs? It starts with clean data from your systems. Clean data in a platform. People who are willing to engage and align with hospital goals. A process whose aim is continual improvement.
Common Service Lines:
Cardiology
Orthopedics
Neurology/ Neurosurgery
Spine
Cochlear Implants
Disposables
Pharmaceutical
