Available from Quantify Health
Quantify Health will lower the cost of healthcare and worker’s compensation for self-funded employers by at least $150 per employee per year without changing your payer or health plans. For a company with 10,000 employees, Quantify Health will save over $1.5 million per year. Shared savings model where the employer keeps 70% of the savings we deliver, and we get 30% – no other costs involved. Strategic partners include two of the top five largest health insurance carriers.
How it works: Providers (hospitals and surgery centers) overbill for medical implants over half the time. Our proprietary methodology identifies the overbilling and works with the Third-Party Administrator (TPA) and the providers to correct the invoice. It’s a completely automated process that takes just a few minutes to set up from your side. Our proprietary methodology is based on a deep pricing dataset of over millions of invoices, extensive FDA and warranty data, sophisticated algorithms, and expert analysts with decades of knowledge and experience in medical implants. Can be deployed within a couple of weeks any time during the year.