1. Service Line Rate Benchmark.
Contracted IP Payments Relative to Market and Medicare
Neonatology
IP Avg, = 113%
Thoracic Surgery
Vascular Services
General Medicine
Spine
Cardiac Services
General Surgery
IP Avg, = 96%
Newborn
Ophthalmology
Gynecology
Other Trauma
Obstetrics
Neurosurgery
ENT
Neurology
Hem/Onc
Urology
Ortho
Sources: Confidential Client Claims Data; Navigant Consulting, Inc Benchmarking Methodology
A community hospital benchmarked its rates versus market and Medicare by service line, and used this single graphic to illustrate markups versus market and Medicare by service line. This visual representation helped communicate rate opportunities versus vulnerabilities.