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RefMed is the trusted source for Medical Pricing Data to all stakeholders in the healthcare ecosystem.
Transparency, Consistency, & Fairness
Using a proprietary data acquisition, compilation and analysis model, RefMed aggregates trillions of data points gathered from regulatory initiatives, Medicare, Medicaid and other national and state specific fee schedules to offer a truly Market Referenced Pricing database. Utilizing the RefMed product suite, providers, payers, federal, state and local governmental agencies can access useable and meaningful data to address pricing transparency, consistency and fairness in medical reimbursements.
The Data
RefMed is a market-based pricing solution for healthcare providers, payers, and government agencies. RefMed focuses on market referenced amounts that are being accepted by Medicare, Medicaid and private payers today. We avoid billed amounts which can be inflated or unrealistic; instead RefMed data originates from the provider/payer contracts and we only use amounts that are currently in effect.
The Process
RefMed is the exclusive provider of market referenced pricing data to healthcare organizations that rely upon accurate, complete, and cleansed data for their business decisions. RefMed has developed proprietary algorithms and processes that curate and validate provider/payer contract data to produce a precise data set. These proprietary tools are applied to every update and constantly refined as data sources and requirements evolve.
The Insights
Our team members have extensive backgrounds in the healthcare industry and provide the expertise necessary to turn data into actionable insights. RefMed’s market-based pricing intelligence supports Physicians, Payers and Government Agencies, providing the needed tools to make confident and sound decisions based on accurate, comprehensive and properly organized data.
RefMed Products
We provide physicians with the market intelligence they need to help optimize their practice revenue.
The TrueUCR product is a solution to a longstanding problem in the medical community. We provide an accurate “usual and customary” fee schedule that is sourced directly from current payer/provider contracts.
Our government offerings provide the market insights necessary to produce fair and consistent fee schedules and reduce administrative burden.