Healthcare Value Analysis Powered by Trusted Product Data
Symmetric provides healthcare value analysis teams with trusted, standardized product data. By consolidating every relevant attribute, identifier, and manufacturer detail into a single source of truth, teams can confidently compare products and identify clinically viable substitutes. Teams can see exactly what a product is, how it compares, and which substitutes are clinically and operationally viable. The result is faster alignment with clinicians, clearer evaluation pathways, and decisions that reliably improve quality and financial outcomes.
Unify Product Data to Improve Healthcare Value Analysis Decisions
Value analysis only works when teams can rely on the product data in front of them. Yet many hospitals still operate with item masters riddled with gaps, conflicting descriptions, inaccurate manufacturer details, and duplicate entries. These inconsistencies slow evaluations, create avoidable debate, and make it difficult for committees to reach clear and timely conclusions.
Symmetric converts fragmented healthcare supply chain data into a comprehensive, accurate, and clinically meaningful product dataset. Teams can review attributes, packaging hierarchies, comparability, pricing signals, and classification structures with full confidence. This clarity removes guesswork, accelerates evaluation cycles, and supports fast, clinically aligned decisions.
Value analysis teams gain clarity through
• Confident comparison of products using clinically verified substitutes
• Faster alignment and decision making supported by a unified, enriched item master
• More reliable evaluations driven by complete and accurate product attributes
• Reduced friction across committees through consistent, unambiguous descriptions
• Shorter review cycles enabled by clean, structured data that removes guesswork
A Standardized Item Master That Enables True Product Comparability
A structured item master is the backbone of any effective substitute evaluation. When records are fragmented or inconsistent, teams lose time searching for missing details, validating basic product facts, and reconciling conflicting descriptions before they can even begin an assessment. Symmetric eliminates this friction by rebuilding the item master with accuracy, consistency, and a standardized data model designed specifically for meaningful comparison.
Every item is enriched through Symmetric’s medical product data standardization process, allowing committees to evaluate products side by side with complete, dependable information.
Each product record includes:
• UNSPSC classification, GMDN descriptors, and HCPCS coding
• Clean, structured naming conventions
• GTIN barcodes and full packaging hierarchy
• Validated manufacturer names, brands, and catalog identifiers
• Clinical attributes such as sterility, implantable status, latex content, single use indicators, and country of origin
This standardized foundation empowers teams to make consistent, well-documented, high quality decisions.
Most hospitals struggle to surface clinically appropriate or functionally similar alternatives because equivalency data is scattered, incomplete, or simply not captured in the item master. Symmetric solves this with one of the industry’s most comprehensive databases of clinically comparable products. These insights illuminate standardization opportunities, strengthen supply resiliency, and reveal alternatives that preserve clinical integrity.
See Every Viable Substitute,
Strengthen Every Decision, Proactively
Teams can use substitution intelligence to:
• View clinically comparable alternatives for any product
• Identify functional equivalents across manufacturers and categories
• Build clinically approved substitution lists for committees and frontline teams
• Reduce SKU proliferation without compromising clinical needs
• Evaluate new item requests with clear, trusted alternatives in hand
Clear Cost Intelligence for Stronger Value Analysis Outcomes
Value analysis teams need reliable financial insight to understand cost implications, uncover opportunities, and support decisions that advance organizational performance. Symmetric provides accurate, structured product, pricing, and spend intelligence that allows committees to evaluate financial impact with confidence. With clear visibility into contract alignment, item level spend patterns, and clinically comparable products, teams gain the financial clarity required to make well supported recommendations that deliver measurable savings.
Clear Visibility Into Contract Alignment
Symmetric connects enriched product data directly to contract terms and purchasing patterns, revealing the misalignments that quietly erode financial performance. Teams can immediately identify off contract spend, pricing variation, missed volume thresholds, and products suited for contracted equivalents. This clarity surfaces actionable savings opportunities and ensures that every committee recommendation reflects accurate, contract aligned cost information.
Meaningful Spend Insight That Strengthens Value Analysis Performance
Most spend reports lack the depth needed to support real evaluation. Symmetric connects standardized product attributes to item level spend patterns, exposing variation within categories, duplicative items, SKU reduction opportunities, supplier consolidation potential, and pricing anomalies. These insights help teams focus on the initiatives that move the needle, directing value analysis effort toward decisions that deliver sustained financial impact.
The Integrated Insight Layer Behind Confident Value Analysis
Symmetric unifies product attributes, clinically vetted alternatives, pricing accuracy, and spend intelligence into a single foundation for consistent and informed value analysis. Teams can reduce unwarranted variation, accelerate evaluations, strengthen clinical alignment, and deliver recommendations grounded in objective evidence. With complete and trustworthy intelligence at their fingertips, organizations realize sustainable savings, improved decision quality, and long term value analysis program performance.