--- title: Affordable insights for Medical Practices | HexIQ description: With data from HexIQ, your medical practice will have a clear advantage in future contract negotiations. image: https://www.hexiq.com/hubfs/featured-images/hexiq-doctor-overlay.png --- Solutions # Providers Negotiate better rates with HexIQ. We’re stepping into a brighter, more transparent phase of healthcare. The [Transparency in Coverage (TiC) Rule ](https://www.federalregister.gov/documents/2020/11/12/2020-24591/transparency-in-coverage)requires all insurance companies to share all negotiated rates publicly. ## Journey Map ![One](https://www.hexiq.com/hs-fs/hubfs/one-a.png?width=68&height=136&name=one-a.png) ###### STEP 1 Benchmark your data ![two-a](https://www.hexiq.com/hs-fs/hubfs/two-a.png?width=93&height=136&name=two-a.png) ###### STEP 2 Find all your peers ![Three](https://www.hexiq.com/hs-fs/hubfs/three-a.png?width=91&height=135&name=three-a.png) ###### STEP 3 Renegotiate your rates ![Four](https://www.hexiq.com/hs-fs/hubfs/four-a.png?width=100&height=136&name=four-a.png) ###### STEP 4 Identify new competitors ![Five](https://www.hexiq.com/hs-fs/hubfs/five-a.png?width=98&height=136&name=five-a.png) ###### STEP 5 Explore new offerings Step 1 #### Benchmark your data Using HexIQ’s “Reports” you can benchmark rates for any code of interest against other practices in your area and specialty. No need to download large data files and create pivot tables–our tool makes it easy to see how your practice compares to others in your specialty and region. ![benchmark](https://www.hexiq.com/hs-fs/hubfs/benchmark.png?width=410&name=benchmark.png "benchmark") ![find](https://www.hexiq.com/hubfs/find.png "find") Step 2 #### Find your peers Once you know where your practice stands, you can investigate what other practices have negotiated. Gain insights into what practices around you are doing. Step 3 #### Renegotiate your rates Once you understand the landscape, you can go into negotiations prepared to ask for the rates you deserve. Payers might claim that your practice is already getting reimbursed at the maximum rate, and you will be able to identify any misinformation. ![renegotiate](https://www.hexiq.com/hubfs/renegotiate.png "renegotiate") ![identify](https://www.hexiq.com/hubfs/identify.png "identify") Step 4 #### Identify new payers and competitors With the HexIQ Platform you can easily decide if you are interested in contracting with new payers. You can also use the tool’s Network page to find other practices offering the same services. Many clients have uncovered previously unknown competitors with our Network page. Step 5 #### Explore new offerings Considering investing in a device or expanding your service offering? With HexIQ’s data you can quickly calculate what the return on investment might look like. ![explore](https://www.hexiq.com/hubfs/explore.png "explore") ## Benchmark Your Practice Enter the details for your medical practice to receive a detailed benchmark report for your associated providers.  ## Trusted By ![clients-orthopedic](https://www.hexiq.com/hubfs/clients/clients-orthopedic.png) ![clients-ban-caps](https://www.hexiq.com/hubfs/clients/clients-ban-caps.png) ![clients-tennessee](https://www.hexiq.com/hubfs/clients/clients-tennessee.png) ![clients-grand](https://www.hexiq.com/hubfs/clients/clients-grand.png) ![clients-ranj](https://www.hexiq.com/hubfs/clients/clients-ranj.png) ![clients-med-rva](https://www.hexiq.com/hubfs/clients/clients-med-rva.png) ![clients-mckesson](https://www.hexiq.com/hubfs/MCK_BIG.png) ![clients-biotek](https://www.hexiq.com/hubfs/clients/clients-biotek.png) ![clients-RowanDiagnostic](https://www.hexiq.com/hubfs/clients/clients-RowanDiagnostic.png) ![clients-morelandobgyn](https://www.hexiq.com/hubfs/clients/clients-morelandobgyn.png) ![clients-aptitude-1](https://www.hexiq.com/hubfs/clients/clients-aptitude-1.png) ![clients-proffer](https://www.hexiq.com/hubfs/clients/clients-proffer.png) ![clients-UWH](https://www.hexiq.com/hubfs/clients/clients-UWH.png) ![clients-uhs](https://www.hexiq.com/hubfs/clients/clients-uhs.png) ![clients-Hightower-Dermatology](https://www.hexiq.com/hubfs/clients/clients-Hightower-Dermatology.png) ![clients-allcarehealth-1](https://www.hexiq.com/hubfs/clients/clients-allcarehealth-1.png) ![Tucson-Independent-Physicians](https://www.hexiq.com/hubfs/clients/Tucson-Independent-Physicians-1-300x116%20copy.png) ![clients-vmg-health](https://www.hexiq.com/hubfs/clients/clients-vmg-health.png) ![clients-emergency-pt](https://www.hexiq.com/hubfs/clients/clients-emergency-pt.png) ![clients-skin](https://www.hexiq.com/hubfs/clients/clients-skin.png) ![clients-vsa](https://www.hexiq.com/hubfs/clients/clients-vsa.png) ![clients-central-cfc](https://www.hexiq.com/hubfs/clients/clients-central-cfc.png) ![clients-salem](https://www.hexiq.com/hubfs/clients/clients-salem.png) ![clients-waco](https://www.hexiq.com/hubfs/clients/clients-waco.png) ![clients-gooden-center](https://www.hexiq.com/hubfs/clients/clients-gooden-center.png) ![clients-sunrise](https://www.hexiq.com/hubfs/clients/clients-sunrise.png) ![partners-mgma](https://www.hexiq.com/hubfs/partners-mgma.png) ![clients-womenshealthAZ](https://www.hexiq.com/hubfs/clients/clients-womenshealthAZ.png) ![clients-Pleasant Pediatrics](https://www.hexiq.com/hubfs/clients-Pleasant%20Pediatrics.png) [ View More Clients ](https://www.hexiq.com/customers?hsLang=en) ## Flexible Data to Meet Your Needs ### Show Me the Data ### Preview one of our data report formats for your specialty of interest. 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