{"id":712,"date":"2016-04-05T13:06:04","date_gmt":"2016-04-05T13:06:04","guid":{"rendered":"https:\/\/www.concert.co\/introducing-health-plans-the-next-step-towards-achieving-transparency-and-efficiency-in-genetic-testing\/"},"modified":"2024-04-18T21:03:03","modified_gmt":"2024-04-18T21:03:03","slug":"introducing-health-plans-the-next-step-towards-achieving-transparency-and-efficiency-in-genetic-testing","status":"publish","type":"post","link":"https:\/\/www.concert.co\/blog\/introducing-health-plans-the-next-step-towards-achieving-transparency-and-efficiency-in-genetic-testing\/","title":{"rendered":"Introducing Concert for Health Plans: The Next Step Towards Achieving Transparency and Efficiency in Genetic Testing"},"content":{"rendered":"<p class=\"body-lg\">Since the launch of\u00a0Concert Genetics (formerly NextGxDx) in 2010, we have been dedicated to enhancing the transparency of genetic testing data and streamlining the complex processes related to the selection, ordering, and management of genetic tests. As the marketplace has grown to include more than 60,000 unique genetic testing products, we\u2019ve seen how technology and organized data can help clinicians, laboratories and hospitals across the country manage this rapid change.<\/p>\n<p class=\"body-lg\">Now we are taking the next step in that journey by launching <a href=\"https:\/\/www.concertgenetics.com\/health-plans\/\">Concert for Health Plans<\/a>, a new suite of solutions to support health insurance plans in the rapidly growing genetic testing field.<\/p>\n<p class=\"body-lg\">Built on our core database (the same one that powers our <a href=\"https:\/\/www.concertgenetics.com\/clinicians\/\">Genetic Test Search<\/a> and <a href=\"https:\/\/www.concertgenetics.com\/hospitals\/\">GeneConnect<\/a>), the new suite of solutions will give health plans greater insight into their genetic testing claims, and help them better manage the growing market. For example, we\u2019ll be helping them recognize the testing products within their claims so they can better understand variation in payments, inaccurate claims and gaps in medical policies. In doing so, we will support data-driven policy development, informed payments and a streamlined reimbursement workflow.<\/p>\n<p class=\"body-lg\">This new offering grew in part out of hundreds of conversations we\u2019ve had with our lab and healthcare provider partners as we developed and introduced our products. We heard loud and clear how the pace of change is pushing the limits of coding, billing and payment systems. With fewer than 200 procedural billing codes available for describing the nearly 14,000 types of genetic tests, there\u2019s confusion about how to code, how to bill and how to approach preauthorization to\u00a0ensure proper and timely payment.<\/p>\n<p class=\"body-lg\">Health plans receiving claims for genetic tests face a similar challenge: they have limited visibility into what tests they are reimbursing and the market prices for those tests. With Concert for Health Plans, we believe health plans will get the information they need to develop informed payment policies and streamline reimbursement related to genetic testing \u2013 which benefits all parties involved. As this effort progresses, we envision that labs and healthcare providers will experience greater predictability and certainty around their reimbursements for these tests, making it easier for them to plan their own operations and growth.<\/p>\n<p class=\"body-lg\">Of course, this won\u2019t happen all at once \u2013 the market is complicated and growing fast \u2013 but we know we can work together to make it more transparent and efficient for everyone involved. And, if we do that, we believe we can help stakeholders across the healthcare system deliver the great promise of personalized medicine to the patients who count on us to give them our best.<\/p>\n<p class=\"body-lg\">So, as you can tell, we\u2019re excited about this new suite of solutions. Our goal is to make the genetic testing market more efficient by bringing value to every player \u2013 clinicians, laboratories, hospitals and payers \u2013 and improving the connections between them. This\u00a0is the next step in fulfilling that mission.<\/p>\n<p class=\"body-lg\">\n","protected":false},"excerpt":{"rendered":"<p>Since the launch of\u00a0Concert Genetics (formerly NextGxDx) in 2010, we have been dedicated to enhancing the transparency of genetic testing data and streamlining the complex [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health-plans"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Introducing Concert for Health Plans: The Next Step Towards Achieving Transparency and Efficiency in Genetic Testing - Concert<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.concert.co\/blog\/introducing-health-plans-the-next-step-towards-achieving-transparency-and-efficiency-in-genetic-testing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Introducing Concert for Health Plans: The Next Step Towards Achieving Transparency and Efficiency in Genetic Testing - 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