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Insanity: Endless Cost Increases Masquerading as “Savings”
“Insanity is doing the same thing over and over again and expecting different results.” Healthcare costs in the US continue to rise, while the quality of care we receive is the worst among our peers. Yet, year after year, when it comes time to renew, companies …
Getting Stuck with Worse Care at the Higher Cost
Here’s an old joke: What do you call the person who graduated last in their class at medical school? Doctor. Not all providers are created equal. Some have more experience with certain populations. Others have specialized training. Others clearly score last in their quality of care. …
Use Analytics to Predict and Reduce Costs
As healthcare costs continue to increase, businesses and employees are asking, “What cuts will we have to make to keep our healthcare?” When it comes to healthcare, no one should be trying to determine where to make cuts -- they should be trying to find a …
Enable Health Data Sharing to Improve Care and Outcomes
For many companies, staying profitable is harder than ever post-pandemic. As businesses reopen and the economy rebounds, there is still uncertainty on the path forward. While we hope for a quick and robust financial recovery, the best way to ensure jobs and keep businesses open …
Insisting on Transparency in Pricing Can Make an Immediate Impact
Healthcare pricing in the US can vary wildly. Depending on your insurance and financial situation, the same procedure can vary by tens of thousands of dollars in the same hospital. …
Going Around Insurance Carriers Can Lower Costs and Increase Quality
Here’s a fact: in 2020, UnitedHealth, the largest healthcare insurer in the US, pulled in $257.1 billion in revenue, and $15.4 billion in profit. That’s an impressive amount of money, but also wildly inefficient. Could your business keep the lights on with margins that low? …
Why Alternative Reimbursements Work
If you’ve been insured, you know the cost of health insurance premiums is only going up. At the same time, deductibles have more than doubled in the last decade. This means that while premiums continue to increase, the burden of payment has shifted onto the …
Price ≠ Cost
Healthcare in the US is… expensive. We spend almost double what other wealthy countries pay per person on healthcare. In a perfect world, that would mean we get the best care, but sadly, when comparing Healthcare Quality and Access, we rank last among our peers. …
Insisting on Transparency in Pricing Can Make an Immediate Impact
There is no headache in insurance like the “dealing with price” headache. For example, the same procedure can cost you $10,000’s more depending on where it’s performed. That makes a certain kind of sense. After all, different locations have different costs of living and while one …
