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Average Ratings 0 Ratings

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ease
features
design
support

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Description

By focusing on fewer high prices and adopting more competitive pricing strategies, we maximize the potential for generating additional net revenues. This is achieved by narrowing or eliminating the discrepancies between charges and negotiated rates for contracts that feature "lesser of" clauses. Furthermore, we bolster net revenues through the identification and recovery of underpayments. Each client benefits from our tailored models, as we avoid pigeonholing their data into a one-size-fits-all software solution. Our bespoke models yield high accuracy since we meticulously analyze every contract, model all relevant terms, verify the correspondence between plan codes and insurance products, and conduct rigorous tests on our models. We take into account every reimbursement affected by price alterations, which leads to the most precise predictions in the industry. Additionally, we offer a pricing methodology that is not only defensible but also clear and understandable for patients, ensuring that our pricing structures are logical and appropriately tiered. Ultimately, our approach leads to enhanced revenue generation while maintaining transparency and fairness in pricing.

Description

TierBench offers specialized rate intelligence tailored for the behavioral health sector. We gather actual negotiated rates from payers' Transparency in Coverage documents, ensuring they are linked to the appropriate facilities and aligned with the care levels they have contracts for—such as detox, residential, partial hospitalization, and intensive outpatient—based on the relevant revenue codes and HCPCS codes used for billing those services. RateBench positions your negotiated rates within the distribution of similar facilities in your area, providing insights through a percentile ranking. PeerBench allows for comparisons with the most relevant facilities, ensuring you have meaningful benchmarks. All subscriptions grant access to the complete platform, with coverage options ranging from a single state to a national scope. You can initiate your experience with a complimentary rate analysis by sending us the codes from your contract, allowing you to see how each rate stands within your market. This analysis can provide valuable insights into pricing strategies and competitive positioning.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$1250/month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Sophical Solutions

Country

United States

Website

www.sophicalsolutions.com

Vendor Details

Company Name

TierBench, LLC

Founded

2026

Country

United States

Website

tierbench.com

Product Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Product Features

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