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taking action on maternity care variability

Posted by Sam Stearns on 7/13/16 10:53 AM

In April, Verscend’s Sam Stearns co-authored an article in Employee Benefit News titled, “5 ways employers can optimize the value of maternity care for employees.” We recently sat down with Sam and his team to discuss their research and expand on the recommendations in the article, and provide information that will benefit employers and providers managing the health of their employee population.

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5 tips for managing employee health

Posted by Verscend on 5/25/16 9:00 AM

Top-rated employers use claims and other employee-related information as a foundation for managing employee health and productivity, just as they use data to manage their core businesses. However, employers relying on carrier reports are often challenged in analyzing credible data when making actionable healthcare decisions. By better integrating big data and analytics into healthcare, the industry could potentially save $300 billion per year, the equivalent of reducing healthcare costs for every man, woman, and child by $1,000 per year.

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tackling cost drivers: how employers can stop rising medical costs

Posted by Verscend on 8/19/15 11:10 AM

For employers, evaluating the overall risk of their workforce can help identify areas of healthcare waste. One such employer, a county government, wanted to better understand their population after experiencing a rise in healthcare costs. The county had no visibility into what was driving this increase and were unsure how to remedy the issue.

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in the news: the importance of physician engagement

Posted by Richard Wheeler, MD on 8/12/15 9:42 AM

Physician engagement is one of the cornerstones of a sustainable value-based healthcare system. For those of us who were involved in the Health Maintenance Organization (HMO) movement in the 1980s, the risks associated with this attempted transition from volume to value became all too apparent as one HMO experiment after another ended in failure.  A key contributor in many cases was minimal if any physician input, making the attempts unsustainable. Many of the current efforts at moving from volume to value, such as the Accountable Care Organization (ACO) models, patient centered medical homes, and bundled payments, appear to have learned and applied this lesson from the past.

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how population health analytics can help lower medical costs

Posted by Verscend on 5/20/15 1:30 PM

For employers, ensuring a healthy workforce is key to reducing medical costs. Population health analytics can help employers understand cost trends and identify cost drivers that increase spending. One such employer, a regional school district, found this approach to be successful after noticing a rise in medical expenses.  

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the employer shift towards value-based healthcare

Posted by Jonathan Edwards on 3/18/15 7:00 AM

With the rollout of the Affordable Care Act (ACA) nearly complete, employers have the opportunity to build on the industry’s foundational changes to develop innovative and value-based healthcare solutions. The critical path for employers as they shift towards value-based care focuses on transforming key elements of the healthcare value chain. By focusing on healthcare purchasing, delivery, and decision making, employers can work towards providing quality care for their employees without the large price tag.

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how to promote employee wellness with population health analytics

Posted by Verscend on 3/4/15 6:59 AM

For employers, population health analytics can be used to help measure the success of employee wellness programs. One such employer, a cancer treatment center, was interested in using analytical tools to develop an integrated approach that encompassed benefit design changes to promote wellness, preventive screenings, and onsite clinics for management of depression.

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how one employer used population health analytics to decrease costs

Posted by Verscend on 2/11/15 6:30 AM

Employers are shaping new cost and quality improvement approaches by drawing on population health analytics to understand employer cost trends, identify trend drivers, and determine how to lower healthcare costs. One such employer, a large food manufacturer, was facing a 15 percent increase in healthcare costs.

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