Introducing Iris: Putting the Power into your Hands

Key takeaways

• Iris is powered by trillions of data points from hospital and payor machine-readable files
• It replaces traditional carrier "discount" analyses with real-time contracted rates
• Three core capabilities: claims repricing, disruption risk analysis, and rate comparison across specialties and hospitals
• Fully self-service—direct access to comprehensive price transparency data without restrictions

I’m excited to introduce you to Handl Health’s latest innovation, Iris – a first-of-its-kind, self-service analytics tool for benefits consultants, TPAs and employers looking to say goodbye to traditional “discount” analyses and use real-time contracted rates to compare networks. Powered by the trillions of data points from hospital and payor machine readable files, Iris enables a significant advancement in a world where network comparison has relied heavily on discount analyses from carriers.

Say goodbye to traditional “discount” analyses and use real-time contracted rates to compare networks.

Since 2021, legislation like Hospital Price Transparency and Transparency in Coverage have given us the gift of an abundance of healthcare pricing data. While that data isn’t perfect, we know that with enough TLC and the right expertise the data can be used to do some pretty amazing things, which introduces a whole new dimension for healthcare in the US, especially employer-sponsored healthcare.

What does Iris do?

We built Iris to empower benefits consultants, TPAs and employers with accurate, real-time data to compare network options and start to build smarter health plans. Here’s a sneak peek of some of the things Iris can do today:

• Reprice Claims:

Reprice actual or simulated claims to understand potential spend across network options

• Analyze Disruption Risk: Assess the impact of switching to a new network to ensure plans are accessible

• Compare Rates:

Evaluate rates of services and procedures across specialties and hospitals to understand affordability

As a fully self-service tool, Iris puts the power in your hands, giving you direct access to comprehensive price transparency data.

Whether you’re a benefits consultant looking to grow your book of business or optimize client network options for renewals, a TPA entering a new market or negotiating contracts or even an employer exploring your own network options, Iris offers the data and insights you need without restrictions.

How can you try Iris?

Every day, I’m incredibly proud of the work that our team does. Never taking no for an answer, our team continuously strives to create the best products that truly push the boundaries of what’s historically been possible, and Iris is no exception. Interested in giving Iris a try? Reach out to us directly, and we’ll get you set up.