The Product Profitability Analyzer is a simple, easy to use, tool that allows you to determine product profitability at various reimbursement rates. The Analyzer uses your actual sales data to instantly calculate gross and net profit for all payers or for selected payers. You can input your fixed costs like delivery, administration, overhead, etc. and select from several cost allocation methodologies. Results can be summarized by product category or detailed by HCPCS code.
The Analyzer makes available all the price tables for the new competitive bid areas. For example, you can compare current Medicare reimbursement in Charlotte versus the new rates under Competitive Bidding and can instantly calculate your expected gross profit and/or net profit.
The Product Profitability Analyzer is fully integrated with Brightree’s billing and inventory system. Now, you can quickly see what the effect of changing reimbursements are for your products without the hassle of using standalone spreadsheets and tools, or employing a costly consultant. Click here to learn more.