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Beech Street Complementary Network
A Network Approach to Out-of-Network Claims
The Issue
As the exposure to out-of-network claims increases, the need arises to find additional network solutions to help off-set the large costs associated with these claims. This exposure, which we define as “white space” can become minimized with the use of contracted networks solutions such as Beech Street Complementary Network.
The Solution
As part of its White Space Management™ solutions, Viant has developed the Beech Street Complementary Network to decrease out-of-network claim costs by applying contractual discounts to the claims for the ultimate benefit of the payer, the patient and the provider. Unlike a traditional wrap product, the logo’d Complementary Network allows claim access in the same geography as the primary network in order to supplement the overall penetration.
Value Points
- Access to a national out-of-network solution with secure primary network discounts that are contracted and logo’d
- Deeper discounts/savings than any other out-of-network solution in the marketplace (avg. 27%)
- Network repricing exceeds 99% accuracy with all claims within or exceeding industry guidelines
- Additional use as an in-network expansion of a client’s proprietary or primary network, layered within the same geography
- Out-of-network claims can be automatically sent to other Viant cost management solutions to guarantee the most cost-effective solution for our clients
How It Works
The Beech Street Complementary Network is a network-based solution for out-of-network claims, consisting of providers that have agreed to extend a discount to Viant’s customers in return for business that is directed and identified with a logo on the patient’s identification card. Payers can access an out-of-network solution with primary network discounts while expanding their network based claims solutions.
Advantages
- Network solution to out-of-network claims
- Superior discounts reduce out-of-network claim costs
- Provider participation for logo’d patients
- Complements primary networks in the same geography
- 350,000 providers and facilities:
Summary
The Beech Street Complementary Network is a network solution to out-of-network claims, consisting of providers that have agreed to extend discounts to patients with a Beech Street logo on their identification cards, and is a win-win-win for providers, patients and payers alike. To learn how the Complementary Network can start saving you money, call us today at 800.233.2478.
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