Welcome to the future of healthcare – one built on a new marketplace model designed to serve providers like you.
Using technologies and business models that have transformed the travel, finance and other industries, Transparent Health Marketplace removes redundant layers and automates transactions so more of each dollar can go toward providing care.
The first platform of its kind, THM connects providers directly with payors in an open and transparent marketplace, giving you the tools to optimize your resources and earn more for your services. With access to more payors, automated scheduling and elimination of invoicing our streamlined process helps you earn more, reduce workload and get paid faster.
Access new patient opportunities from the industry’s largest payors.
Transparent Health Marketplace is a technology platform that connects workers’ compensation payors and medical providers/suppliers through an open, automated and transparent marketplace. As a provider, you will be invited to access our web-based tools to identify and bid on new patient opportunities from multiple payor sources in real-time. The THM platform is integrated directly into payors’ management systems, creating a direct connection for you to grow your practice.
The Marketplace automatically smart matches and sources provider candidates that can fulfill a service request by way of invitation via e-mail or SMS text. Providers then submit their matching availability and current standing rates or they enter custom pricing. Within hours, the system awards the opportunity.
As a provider, you will have access to multiple carriers, TPAs and employers representing billions in annual claims revenue. No longer will you need to maintain multiple relationships to gain the same level of connection to new patients. As we add more payors, you will have immediate access to their claims with no additional effort required.
There is no cost to join THM or to utilize our platform.
Any service scheduled through our platform is paid for by THM, saving you the administrative burden of dealing with multiple payors.
In an effort to make payment for our providers as simple, convenient and secure as possible, THM pays via Electronic Fund Transfer (EFT) only. THM strives to issue payments faster and more consistently than any other payor organization in workers’ compensation and we will always pay within the state jurisdictional guidelines. All payments include an explanation of the reimbursement amount.
THM has no long-term fixed pricing contracts for any services. Every new patient opportunity awarded is a point-in-time agreement between you and THM, who acts as the sole payor.
Yes, today THM exclusively serves the workers’ compensation industry. In the future, we plan to extend our platform into group health to allow patients to purchase medical services directly.