Gigasheet, a leading provider of self-service data analytics, unveiled an innovative platform designed to enhance healthcare price transparency. With a flexible, on-demand approach, Gigasheet empowers brokers, consultants, and payers to access and analyze any Machine-Readable File (MRF) in an intuitive spreadsheet-like interface without the need for heavy IT investment.
“There are several price transparency data providers on the market, but there’s a lack of tools to work with MRFs and actually make the data transparent,” said Jason Hines, CEO of Gigasheet. “Gigasheet isn’t a database of prices, it’s an analytics platform that lets users specify what they need. Whether it’s a periodic analysis or an automated data pipeline, we streamline the extraction, cleaning, and enrichment to deliver high-value, actionable data.”
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The Transparency in Coverage (TiC) rule mandates that insurers and hospitals publish negotiated rates in massive MRFs. However, the scale and complexity of these files—often containing billions of data points—makes them difficult to work with. Most TiC solutions provide limited pre-processed data, forcing users to settle for narrow or outdated insights. Gigasheet’s platform solves this challenge by offering:
- Self-Service Analytics – The intuitive, spreadsheet-like interface allows users to specify payers, regions, provider types, or procedure categories, rather than relying on pre-built datasets with potential data gaps.
- AI-Powered Insights – Gigasheet’s built-in AI enables deeper analysis, such as ensuring that a provider’s taxonomy aligns with relevant CPT codes, helping to identify and eliminate inaccurate ‘zombie rates.’
- Advanced Data Transformation – Gigasheet’s intelligent JSON parsing engine converts complex MRF schemas into structured, query-ready formats, eliminating the technical barriers to working with healthcare pricing data.
- Data Enrichment & Benchmarking – Extracted datasets are enriched with full NPI details including provider taxonomy (specialty) data, Medicare reimbursement rates adjusted for locality, and sales intelligence data, such as organization contact information.
Healthcare organizations using Gigasheet gain complete control over their data workflows. Without being limited by pre-built databases, users can easily generate custom insights for rate negotiations, competitive strategy, and financial planning.
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Dr. Timothy Mountcastle, Chief of Plastic Surgery Emeritus at INOVA Loudoun Hospital, highlighted the impact of this innovation: “Gigasheet is redefining price transparency in healthcare. We now can pinpoint exactly what we need from these massive datasets, ensuring that we are making informed decisions based on complete, accurate data.”
Gigasheet offers flexible deployment options, including API integrations for connectivity with enterprise systems. Whether for brokers, consultants, hospital systems, or insurers, Gigasheet ensures that organizations have the tools necessary to extract meaningful insights from complex transparency data.
As regulatory scrutiny on healthcare pricing intensifies, Gigasheet is setting a new standard for transparency and accessibility. By providing a customizable, on-demand data platform, the company enables healthcare stakeholders to move beyond static databases and take control of their analytics.
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Source – businesswire
