Get a more efficient value chain and prevent revenue leakage
The evolving reimbursement landscape is pushing healthcare providers to look beyond product costs and examine end-to-end supply chain efficiency. They are looking towards manufacturers, distributors and Group Purchasing Organizations (GPOs) to help them become leaner and more effective, while remaining patient-centric.
GPOs can provide additional value to healthcare organizations by uncovering all relationships across the supply chain ecosystem and providing unprecedented economies using reliable data and relevant insights such as:
- Product consumption trends
- Prescription trends
- Customer affiliations and influence
Traditionally, GPOs had to rely on separate tools such as CRM, Financials and separate data warehouses and spreadsheets to pull together the information they need to effectively deliver on their goals. There hasn't been an integrated way to view data, related and relevant to their objectives through a single authoritative application ... until now.
BRING ALL DATA TOGETHER, RELIABLY
Reltio's Healthcare GPO solution brings together data from multiple internal, third-party, public and social sources to identify key influencers and to uncover relationships, not just between people and organizations, but payers, products, locations, plans, activities and transactions. Information is continuously cleansed, correlated to form a reliable data foundation for insight and action.
GET RELEVANT INSIGHT TO THE RIGHT TEAMS
With data blended into one place, teams can get visibility to healthcare, payer, and supplier organizations with hierarchies, channels, regions and plans. They can understand how contracting is done in the organizations, be aware of product's formulary status by tiers. And see clearly how plans, products, suppliers and other stakeholders are interrelated.
COLLABORATE ACROSS TEAMS, IN REAL-TIME
With a multi-team, multi-customer focus, it's critical to allow, as well as secure access to a convergence of information, with the proper level of role-based access and visibility. Reltio provides built-in annotating, tagging and voting on data, so every member who has knowledge of plans, payers, products and more, can contribute and continuously improve tribal knowledge.
Start FAST, MOVE FASTER
You can rapidly deploy a Reltio data-driven application specific to your company's challenges and domain focus in weeks. Reltio's Data as a Service partnerships with third-party providers, such as LexisNexis HMS, MedPro, DarkMatter2BD and others, offer you the choice of the best stakeholder and affiliation data in the industry.
FOLLOW TRENDS AND ADJUST
Reltio allows you to easily track and analyze cross correlation of product metrics, including longitudinal performance under contract. You can also identify, manage and model product consumption, prescription and utilization trends by the site of care. And ultimately, determine if the right resources and investments are made for each organization and measure targets and goals to actual performance.
BE COMPLIANT AUTOMATICALLY
With so many fingers in the data pie, you need comprehensive auditing and tracking features to guarantee compliance. Reltio provides a historical trail for any data merged or updated. Reltio's fine-grained clickstream analysis can even be used to alert you to abnormal data viewing patterns by application users for possible information breach or theft, or used for compliance and efficiency training of how to best use the applications and the data.