Platform FAQs

HealthRate’s tool uses advanced algorithms and actuarial analysis to compare healthcare payment methodologies and distribution patterns. This allows your professionals to spot opportunities and make data-driven decisions that reduce costs.

You can be up and running, seeing immediate ROI when using the tool within a matter of days to weeks depending on subscription level.

HealthRate is ideal for MGUs, reinsurers and stop-loss providers, employers, TPAs, benefits consultants, and actuaries. Our platform is designed to enhance clarity and decision-making for those managing catastrophic, high-dollar medical claims.

HealthRate does not disrupt, but rather compliments your existing workflows by providing point-and-click analytics through a powerful web-based platform.

HealthRate doesn’t require access to sensitive patient information. We work with specialty network providers to obtain the information that we need.

HealthRate’s platform is designed to be a secure, platform and supports AWS, Azure, and Google Cloud. Since we don’t require patient data, your organization remains free from the risks associated with storing or transmitting sensitive information.

Yes, HealthRate is highly flexible and can be tailored to diverse contract nuances, ensuring precise and complete insights across a myriad of specialty contracts.

HealthRate combines 30 years of expertise, advanced algorithms, and a vast database to deliver clear, actionable insights. Unlike other tools, we don’t require PHI or complex integrations, making data security straightforward while offering precise decision support.

With HealthRate, you can compare scenarios, evaluate risks, and see potential savings within seconds. Our platform accelerates the decision-making process, empowering your team to take swift, informed actions.