If you're going out to bid year after year in an attempt to reduce your overall medical costs consider putting an onsite or near-site employer-owned clinic at the center of your strategy as a hedge ag...
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Wondering how to calculate the ROI of an onsite clinic and get your recommendation approved by the CFO? Here are three frequently overlooked sources of savings, beyond build-out, start-up and monthly costs, that improve ROI and boost the likelihood of approval by your CFO.
Vera Whole Health became the first direct-to-employer on-site clinic provider in the U.S. to earn a Certificate of Validation by the Care Innovations™ Validation Institute this February. The Validation Institute’s review of Vera substantiates our claims of cost-savings and better health outcomes.
Do no harm. This simple medical precept lies at the foundation of medical ethics. But what constitutes harm? A new report by the Washington Health Alliance (WHA) pushes the envelope of do no harm principles beyond the physical to include financial harm.
Aaron Martin, V.P. and CDO at Providence St. Joseph Health in Seattle has created a new blueprint for healthcare innovation. The plan is based on innovation strategies that Martin observed during his time as a director at Amazon.
"More and more employers are offering employees high deductible plans, shifting more costs on the individual and his or her family. The rationale behind these plans is that if the employee has to shoulder more of the costs, they will be more selective of the procedures and services they access, bringing overall health care costs down. Plus, they cost employers less." Excerpt from Why Your Health Care Costs Are Out of Control, in One Graph in Time
"Unlike any other primary care clinic in Las Vegas, Turntable Health was a success, medically. By emphasizing prevention and doctor-patient relationships, Damania’s practice achieved superior quality outcomes, while providing rapid access to care and high patient satisfaction. But from an economic perspective, the clinic was a bust. Insurers shied away from member fees, insisting on more traditional reimbursements, which directly contradicted Damania's long-term health strategy. Turntable Health was forced to close its doors in January 2017, just three years after opening."
“We need to create a payment system that enables primary care to serve as the efficient and valued foundation of a high-functioning health system. The CPC initiative may be overly constrained by the limits of its investment and its reliance on fee-for-service payment, while the Rhode Island model may provide the right amount of resources but may be constrained by its use of fee-for-service as the base payment structure."