Proprietary Payer Data Master

State-of-the-art hierarchy and bridge files, updated in near real-time and connected to third-party, specialty, pharmacy, copay, hub and data sources

Reduce effort to connect the universe of complex healthcare data

Establish a series of actionable, recognizable and differentiated payer names through three hierarchical levels for use across managed markets reporting platforms
Provide a master payer spine and create a common definition of a payer for use across functional areas of a pharmaceutical company to allow meaningful integration of data across vendors
Support all major forms of third-party vendor data via bridge files; bridge files also available for specialty pharmacy data
Continuously review names and bridge files to capture the most current data available and appropriately classify payers in the most relevant manner, with updates delivered to client partners on a monthly basis

First-of-its-kind, subscription-based translation service unmasks and connects complex payer information hidden in data sets
Subscribers can immediately master BIN-PCN-GROUP identifiers contained in specialty pharmacy, direct reporting pharmacy, hub, copay and other healthcare data sources via our BPGLookup tool (run demo)
Provides detailed channel descriptors for commercial health plans, employers, unions, worker’s compensation, ADAP, Medicare, EGWP, managed Medicaid, state Medicaid, and voucher programs
Unlocks previously unattainable level of analytical insights to multiple stakeholders—including pharmaceutical manufacturers, specialty pharmacies, payers, data aggregators, PBMs, EMR vendors, and hospital systems
Enables accurate measurement of transaction volume, the impact of data capture issues; helps control downstream delays in reimbursement
Powered by Precision’s cross-asset data clearinghouse; governed and stewarded by a dedicated team of payer data experts

Use an existing BIN-PCN-GROUP number and run a free test demo, on-demand!

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Optimize payer marketing profitability; decode contract rebate formulary information to match bid grid for accurate analysis of contract
- Information from Rebate Submission Data
- Formulary Name deciphered from Enrollment Files
- Formulary Name translated to match published name
- Formulary matched to Bid Grid Groupings

Account executives have ownership of formulary data flowing through the company
Improve data accuracy with account manager override capabilities and preemptive changes to future values, based on account intelligence
Experience significant savings in time and effort by replacing inefficient payer coverage-related communication across the organization
24/7 online tool

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