If you are looking for prices you can easily defend, you will find it with Panacea. In this era of intense public scrutiny, we provide a proven cost and market-based strategy that delivers the pricing discipline the market demands while maintaining your net revenue objectives.
The program, called Hospital Zero-Base Pricing®, establishes prices based on actual unit costs and provides comparisons to local peer’s prices. Where needed, we use sophisticated software and analysis to estimate unit costs. This saves the burden and expense of implementing a traditional cost account system. Before finalizing price models, some prices are adjusted to ensure that the cost-based prices don't fall below contractual amounts and that others remain competitive. You also receive net revenue models for multiple pricing scenarios and a comprehensive audit trail for each line item. In short, you have exactly what you need to defend your pricing.
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