NAPERVILLE, Ill, (February 13, 2025) – Context4 Healthcare is proud to announce today the successful completion of the 30th year of supplying Usual, Customary, & Reasonable (UCR) fee schedules to the healthcare benefits industry.
Beginning with the initial offering of UCR in 1994, Context is now the trusted partner for many hundreds of health plans, third party administrators, and life care planners around the country. Context provides a statistically valid tool to help determine reimbursement and billing rates for medical procedures. For each medical procedure code, fees are available for all geographic regions of the United States at multiple percentiles.
Mark Earles, President and CEO of Context, said “The key to industry acceptance of Context’s UCR has been, and continues to be, the quality of the data that is used as input to the statistical model. Context has invested, and continues to invest, significantly in acquiring large volumes of actual commercial claim charge data submitted by providers in all areas of the country, before the claims are delivered to payers. Charge data from several billion submitted claims are added to Context’s database semi-annually, representing more than 70% of all claims submitted in the United States.”
About Context4 Healthcare, Inc. Headquartered in Naperville, IL, Context4 Healthcare has over 35 years of experience in software and data product development. Context is a leading provider of real-time healthcare compliance and reimbursement solutions for payment integrity, UCR and Medicare PPS pricing delivered via cloud-based infrastructure. These solutions serve hundreds of payers, providers, health systems, and life care planner clients impacting millions of lives globally.
