NETWORK SERVICES

Viant Supplemental Leased Networks
Configuring Networks for Maximum Savings

The Issue
With healthcare costs continuing to soar at an alarming rate, payers are increasingly focused on medical claims that fall outside of the traditional PPO network. This claim exposure, which we define as network “white space”, amounts to 10-15% of total paid claims for many national and regional plans. For some, the cost of ignoring this unmanaged care can mean the difference between profitability and loss.

The Solution
As part of its White Space Management™ set of cost containment solutions, Viant Health Payment Solutions has developed a Supplemental Leased Networks offering to address the problem of out-of-network claims. This service provides additional savings on out-of-network claims by utilizing written agreements between external PPO networks and providers. The contracts do not require identification of network participation at the time of the patient’s admission, nor any financial steerage to the provider.

Value Points

  • Stable provider discounts with an average of 22% across all provider types
  • Reduced medical expense up to 40% of payer’s out-of-network claim volume and significantly lower non-network claim exposure
  • As claims are adjudicated under the auspices of a signed contract, there are virtually no provider disputes other than verification of participation and/or application of the correct payment terms
  • Seamless payer participation (no logo requirements)

How It Works
For Viant customers that subscribe to Supplemental Leased Networks, all claims follow a configured hierarchy that leverages the geographic strengths of its network partners. Supplemental Leased Networks are used in various configurations to produce discounts of 18%–25% and allow Viant to address 30%–40% more out-of-network claim volume than before. The supplemental network contracts allow us to plug gaps in a payer’s out-of-network exposure, and accelerates claim processing turnaround times from 5-7 days on a negotiated solution, to 2-3 days on a network based solution. And, as more inpatient claims are managed through a network based solution, more time can be spent addressing out-of-network physician, ancillary and outpatient bill volume that payers also grapple with.

Advantages

  • Viant continues to add high-quality providers to its Supplemental Leased Networks. Currently, the network size is as follows:
  Provider Type Provider Count Avg. Discount
  Hospitals 1,177 14%
  Ancillaries 44,254 20%
  Practitioners 225,000 21%

 

 

  • Viant offers a standard, state-based network hierarchy – clients may reorder or remove networks to this hierarchy to meet their specific needs
  • Clients may choose other Viant cost containment services to integrate with the Supplemental Leased Networks hierarchy

Summary
With Supplemental Leased Networks payers have access to a unique and powerful configuration of networks determined by the geographic savings and penetration strengths of Viant’s network partners. To learn how the Supplemental Leased Networks program can start saving you money call us today at 800-820-5824.