{"id":548,"date":"2019-02-26T17:39:43","date_gmt":"2019-02-26T17:39:43","guid":{"rendered":"http:\/\/www.medbenanalytics.com\/?p=548"},"modified":"2019-02-28T17:42:09","modified_gmt":"2019-02-28T17:42:09","slug":"reporting-insights-benefit-provider-payer-patient","status":"publish","type":"post","link":"http:\/\/www.medbenanalytics.com\/?p=548","title":{"rendered":"Reporting Insights Benefit Provider, Payer and Patient"},"content":{"rendered":"<p><a href=\"https:\/\/globenewswire.com\/news-release\/2019\/02\/19\/1734390\/0\/en\/Secrets-of-best-performers-5-actionable-health-care-strategies-that-create-a-competitive-edge.html\">A recent employer survey summary<\/a> highlights five actionable strategies that best-performing companies are using to optimize the value of their health care plan &#8211; and coming in at number one is &#8220;ensure quality of care through value-based designs.&#8221;<\/p>\n<p>The summary states: &#8220;Best performers are focused on delivering health care to their employees through value-based designs and contracting that tie payments to quality care and health care outcomes &#8211; so cost is based on real results. This model aligns the patient&#8217;s and provider&#8217;s incentives toward efficient and effective care, preventing reoccurrence of illness and reducing complications, or &#8211; when treatment is needed &#8211; getting the patient the right care and the right site of service, sooner.<\/p>\n<p>&#8220;Seventeen percent of best performers are using bundled payment approaches in their medical plans, compared with only 4% of high-cost companies.&#8221;<\/p>\n<p>The wisdom MedBen has gained by working with Medicare data analysis has allowed us to also offer commercial bundled payment services to employers. In doing so, self-funded plans can realize lower costs than fee-for-service payments without compromising quality of care.<\/p>\n<p>Furthermore, because MedBen Analytics has accumulated and researched data on value-based care spending and clinical trends nationwide, we know the cost of high-quality, consumer-focused episodic care. We not only can identify facilities and providers who are overcharging for high-volume procedures, but we can have a meaningful discussion with those facilities and providers about contracting a reasonable commercial rate for an episode of care.<\/p>\n<p>MedBen&#8217;s ability to negotiate commercial bundled episodes of care with statistics on clinical utilization and cost ensures that clients are effectively spending their health plan dollars.<\/p>\n<p>MedBen Analytics draws on its experience to benefit all participants in the patient journey&#8230; see for yourself by scheduling a demo today. Simply call MedBen President &amp; CEO Kurt Harden at 888-633-2364 or email <a href=\"mailto:kharden@medben.com\">kharden@medben.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent employer survey summary highlights five actionable strategies that best-performing companies are using to optimize the value of their health care plan &#8211; and coming in at number one is &#8220;ensure quality of care through value-based designs.&#8221; The summary states: &#8220;Best performers are focused on delivering health care to their employees through value-based designs [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[15,46,20,16],"tags":[],"class_list":["post-548","post","type-post","status-publish","format-standard","hentry","category-bundled-payments","category-commerical-bundled-payments","category-medben-analytics","category-value-based-care"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Reporting Insights Benefit Provider, Payer and Patient - MedBen Analytics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.medbenanalytics.com\/?p=548\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reporting Insights Benefit Provider, Payer and Patient - MedBen Analytics\" \/>\n<meta property=\"og:description\" content=\"A recent employer survey summary highlights five actionable strategies that best-performing companies are using to optimize the value of their health care plan &#8211; 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