The Move to Value-Driven Health Plans for Employers episode artwork

EPISODE · Dec 17, 2021 · 18 MIN

The Move to Value-Driven Health Plans for Employers

from Healthcare IT Today Interviews · host John Lynn

The reality is that current plans are failing employers.  We see this every day with headlines that talk about the impact of healthcare costs on businesses.  We see elaborate efforts by employers to partner with other employers to address these costs, but those seem to always fail.  Is a value-driven health plan the solution?    In this interview with Ryan Day, President at HST A MultiPlan Company, we explore this question and share what it looks like for an employer?  He shares how they leverage their knowledge and experience with reimbursement from healthcare organizations to be able to focus on value and lower the cost for employers.  Plus, he talks about how these are real savings for the employer and not just manipulated statistics.   One of the keys to this shift to value is the role of transparency.  At the core of HST's ability to lower costs is providing transparency into what those costs should be.  Plus, as part of that transparency is understanding and ensuring that patients are going to the highest quality provider and not just the lowest cost or most convenient.  This makes for a great patient experience as well.   Learn more about MultiPlan: https://www.multiplan.us/  Find more great health IT content: https://www.healthcareittoday.com/

The reality is that current plans are failing employers.  We see this every day with headlines that talk about the impact of healthcare costs on businesses.  We see elaborate efforts by employers to partner with other employers to address these costs, but those seem to always fail.  Is a value-driven health plan the solution?    In this interview with Ryan Day, President at HST A MultiPlan Company, we explore this question and share what it looks like for an employer?  He shares how they leverage their knowledge and experience with reimbursement from healthcare organizations to be able to focus on value and lower the cost for employers.  Plus, he talks about how these are real savings for the employer and not just manipulated statistics.   One of the keys to this shift to value is the role of transparency.  At the core of HST's ability to lower costs is providing transparency into what those costs should be.  Plus, as part of that transparency is understanding and ensuring that patients are going to the highest quality provider and not just the lowest cost or most convenient.  This makes for a great patient experience as well.   Learn more about MultiPlan: https://www.multiplan.us/  Find more great health IT content: https://www.healthcareittoday.com/

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This episode was published on December 17, 2021.

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The reality is that current plans are failing employers.  We see this every day with headlines that talk about the impact of healthcare costs on businesses.  We see elaborate efforts by employers to partner with other employers to address these...

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