Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

HexIQ software offers quick and straightforward access to negotiated rate information, enabling users to search, download, and analyze intricate healthcare reimbursement rates associated with any specific code, payer, provider (NPI), or tax identification number (TIN), thereby allowing them to utilize transparency in coverage requirements for better business decisions and negotiations. Each month, it processes numerous machine-readable files (MRFs) from various payers, meticulously cleaning and enriching the data with relevant provider names, addresses, and network affiliations, and continually updating it to enable users to benchmark their negotiated rates against those of peers within the same specialty and geographic area without the need for cumbersome Excel work. The software's sophisticated search capabilities allow users to filter results by criteria such as code, specialty, state, place of service, payer, NPI, or TIN, with the option to download findings in CSV format for deeper analysis. Furthermore, integrated analytics and visualization tools provide insights into rate distributions, average and mode rates, and contracted provider networks, which help users gain a clearer understanding of market dynamics. This comprehensive approach not only streamlines the process but also empowers healthcare professionals to make informed strategic decisions based on reliable data.

Description

PayerLenz serves as a platform for benchmarking reimbursement and verifying eligibility specifically tailored for behavioral health providers, billing companies, and revenue cycle management (RCM) organizations. Unlike standard verification processes that simply confirm coverage, it addresses the more nuanced question of what a payer is expected to reimburse. The benchmarks are derived from a vast dataset of over 500,000 adjudicated claims spanning more than 260 payer groups across 21 states, with each statistic accompanied by its sample size and date, allowing users to assess the reliability of the information. Additionally, the platform offers immediate eligibility checks and comprehensive verification processes, providing billing teams with a real-time overview of their accounts receivable. As the inaugural product of Revenue Logic, a firm specializing in behavioral health billing, PayerLenz aims to enhance transparency and efficiency in the billing process. It is important to note that a benchmark reflects the distribution of payments for similar claims and should not be viewed as a guarantee or forecast for any individual case. By leveraging these insights, providers can make more informed decisions regarding their billing strategies.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Google Sheets Yes 
Microsoft Excel Yes 
Microsoft Power BI Yes 
Tableau Yes 

Integrations

Google Sheets No 
Microsoft Excel No 
Microsoft Power BI No 
Tableau No 

Pricing Details

$25 per month per code
Free Trial No 
Free Version No 

Pricing Details

Free
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

HexIQ

Founded

2022

Country

United States

Website

www.hexiq.com/platform

Vendor Details

Company Name

PayerLenz

Founded

2026

Country

United States

Website

payerlenz.com

Product Features

Product Features

Revenue Cycle Management

Accounts Receivable No 
Claims Management No 
Collections Management No 
EHR/EMR Integration No 
For Healthcare No 
ICD-10 Compliance No 
Insurance Verification No 
Medical Billing No 
Patient Portal No 
Patient Registration No 
Patient Scheduling No 
Payment Processing No 

Alternatives

Alternatives

CureAR Reviews

CureAR

TechMatter
TierBench Reviews

TierBench

TierBench, LLC