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What is TierBench?

TierBench delivers customized rate intelligence specifically designed for the behavioral health industry. By collecting authentic negotiated rates from payers' Transparency in Coverage documents, we ensure that these rates are correctly associated with the relevant facilities and reflect the levels of care specified in their contracts, including detox, residential, partial hospitalization, and intensive outpatient services, all categorized under the necessary revenue and HCPCS codes utilized for billing. RateBench helps you visualize your negotiated rates in comparison to similar facilities in your vicinity, offering valuable insights through a percentile ranking system. Additionally, PeerBench facilitates meaningful comparisons with the most pertinent facilities, ensuring that you have access to relevant benchmarks. Every subscription provides complete access to the platform, with coverage options that range from a single state to a national level, catering to diverse needs. You can kickstart your journey with a free rate analysis by sending us the contract codes, which will reveal how your rates compare within the local market. This initial analysis not only sheds light on pricing strategies but also enhances your competitive positioning, enabling informed decision-making for your practice's financial health.

What is HexIQ?

HexIQ software provides users with rapid and easy access to negotiated rate data, allowing them to search, download, and analyze complex healthcare reimbursement rates linked to specific codes, payers, providers (NPI), or tax identification numbers (TIN), thus promoting transparency in coverage criteria for improved business decisions and negotiation strategies. Each month, the software processes a vast array of machine-readable files (MRFs) from different payers, thoroughly cleaning and enhancing the data by adding relevant provider names, addresses, and network affiliations, and continuously updating it to enable users to compare their negotiated rates with those of peers in the same specialty and geographical location without relying on cumbersome Excel spreadsheets. With advanced search functionalities, users can filter results based on various criteria such as code, specialty, state, place of service, payer, NPI, or TIN, while also having the ability to export their findings in CSV format for more detailed analysis. Additionally, integrated analytics and visualization tools offer insights into rate distributions, average and mode rates, and contracted provider networks, enabling users to better comprehend market trends. This all-encompassing method not only simplifies the data retrieval process but also equips healthcare professionals with the information they need to make well-informed strategic choices based on trustworthy data. By harnessing the power of HexIQ, stakeholders can navigate the complexities of healthcare reimbursement with greater confidence and clarity.

Media

Media

Integrations Supported

Google Sheets
Microsoft Excel
Microsoft Power BI
Tableau

Integrations Supported

Google Sheets
Microsoft Excel
Microsoft Power BI
Tableau

API Availability

Has API

API Availability

Has API

Pricing Information

$1250/month
Free Version
Free Trial Offered?

Pricing Information

$25 per month per code
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

TierBench, LLC

Date Founded

2026

Company Location

United States

Company Website

tierbench.com

Company Facts

Organization Name

HexIQ

Date Founded

2022

Company Location

United States

Company Website

www.hexiq.com/platform

Categories and Features

Categories and Features

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