According to a survey from DirectPath, 83% of benefits brokers say their job is harder today than it was three years ago. The surprising thing about that number? It implies that only 17% of brokers believe their job is easier today.
We side with the majority on this one. Benefits brokers have never had it harder. In the face of soaring health care costs, companies are demanding benefits brilliance. They want to see smart strategies on a shoestring budget. And if you can’t deliver, your competition will.
To thrive in this environment, brokers need to stand out from the crowd. One way to do that is to bring cutting-edge data strategy to your benefits consulting.
There are a number of data analytics solutions on the market today. However, you can’t just bring your client a goody-bag of random products. You need to tailor your selections to your client’s strategy. Read more »
SEATTLE, WA – May 30, 2018 – MPIRICA Health Inc., a leading healthcare quality analytics company, announced a new addition to their board of advisors — Niall Brennan, President and CEO of the Health Care Cost Institute (HCCI).
Brennan is a nationally recognized expert in healthcare data analytics and transparency. His work at HCCI is focused on increasing levels of understanding on the drivers of trends on US healthcare spending.
Prior to this role, he served as the first Chief Data Officer at the Centers for Medicare & Medicaid Services (CMS), where he directed the agency’s data-driven strategies to give patients better access to high-quality care, at a lower cost. Read more »
A major announcement: Aon, one of the world’s largest international benefits consultancies, has announced that they are joining forces with MPIRICA, as well as price-transparency startup, Amino.
It’s a natural fit. In fact, in a press release about the partnership, Will Sneden, Aon’s US Health Leader, offered a statement that could have come from our boardroom:
“Evaluating provider strategies has been challenging for most employers, primarily because existing provider cost and quality data is not transparent and often subjective.”
He’s absolutely right. Murky information about quality is a serious hindrance for employers trying to get a fair shake in providing healthcare benefits for their employees.
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When your employees need surgery, the way to safe, effective care is fraught with obstacles. Surgeons push for care that patients don’t need; it’s extremely difficult to find high-quality providers; and hospital systems charge rates far out of proportion with their value.We know that care decisions can be trying, and we’re here to help. Let the roadmap below be your guide to avoiding these surgical quality pitfalls. It’s the best way to secure the right care for your employees, from the right provider, at the right value. Read more »
We’ve already written about why it’s important to track individual surgeon performance.
But here’s what Ashish Jha, MD, Professor of Medicine at Harvard, said about the critical importance of surgeon-level quality data in the medical journal, JAMA last year.
Dr. Jha’s editorial is aimed squarely at the skeptics. With careful attention to research, he dismantles common objections to reporting surgeon outcomes — most of which come from the surgeons themselves. These skeptical surgeons favor facility-level quality data. However, the evidence suggests that this broader measure doesn’t give patients the information they need. As Dr. Jha put it: “picking the right surgeon is at least as important as picking the right hospital.”
Here are four reasons why. Read more »
For a little something to enjoy during your commute, we humbly submit the Outcomes Rocket podcast, which you can find on popular players like iTunes and Stitcher.
Hosted by Medtronic manager Saul Marquez, the podcast tackles a wide range of healthcare issues through interviews with innovators in the field. And just recently, one of the show’s guests was MPIRICA’s Founder and CEO, Shakil Haroon.
Read more »
Self-insured employers: how many of your employees get surgeries they don’t need? Evidence suggests the number might be higher than you think.
Physicians say that as much as 11.1% of all surgical procedures are given inappropriately.
Each year, 500,000 patients get heart stents, and 700,000 patients get meniscus knee surgeries that show next to no clinical benefits.
Aside from the risks these unneeded procedures pose to patients, they also come at outrageous prices. The annual cost of unnecessary surgery for every 1,000 employees in your company — about $250,000.
Clearly, inappropriate surgeries are a problem you can’t afford to ignore. But what can your company do about them?
Download the White Paper
Read more »
Just like that, the healthcare industry is poised to change forever.
Three of the most eminent figureheads in American business — Jamie Dimon, Jeff Bezos, and Warren Buffett — have announced their intention to form a healthcare company. Whatever this new firm looks like, its impact is all but guaranteed to be massive.
In his statement about the new venture, Buffett had some choice words for the industry as a whole. “The ballooning costs of healthcare,” he said, “act as a hungry tapeworm on the American economy.” Read more »
This week, The Resident premiered on FOX. If you missed it, you should find a way to stream it.
It’s not just trashy, fun TV (although it definitely is that). The show also manages to skewer one of our pet peeve figures in healthcare — the overhyped surgeon.
The Resident wastes no time in introducing us to its major villain, Dr. Randolph Bell. Read more »
In 2017, the healthcare industry in America held its breath, and braced for change.
Politically, it was the most bitterly contentious, suspenseful, erratic year for healthcare since the passage of the Affordable Care Act in 2010. Businesses across every sector felt the shocks. But for all the debate — policy stayed more or less the same.
That’s not to say, however, that change isn’t coming. Whether reacting to word from Washington, or innovating on their own terms, healthcare businesses are trying to anticipate what could happen next year. Read more »