Since 1993, the leaders of Hospital Pricing Specialists (HPS) have been providing strategic pricing services for U.S. hospitals.

HPS is led by Rick Louie who founded Market Insights in the early 1990's and later served as Vice President of Business Intelligence for HealthDataInsights, the CMS RAC auditor for Region D.

HPS allows its clients to "hand pick" specific hospitals in a local market for side-by-side pricing comparisons at the HCPCS or DRG level. Custom reports of hospital prices are sent electronically within 48 hours.

In addition to providing the comparative benchmark data, HPS helps hospitals set defensible pricing strategies, while improving the overall net revenue contribution of a rate change.

BREAKING NEWS
Hospital Pricing Specialists (HPS) submitted a research protocol with CMS to analyze the 2010 inpatient and outpatient hospital claims for Comparative Price & Utilization Analysis and RAC Audit Exposure Analysis.  Our research protocol was officially approved by CMS on July 14, 2001.  Beware of ordering data from companies that do not have an approved research protocol with CMS to compare hospital prices.