Navigation Links
Milwaukee Employers See Cost Savings with High-Performance Provider Network
Date:11/23/2009

NASHVILLE, Tenn., Nov. 23 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that self-insured member companies that are part of Milwaukee's Business Health Care Group have experienced an aggregate healthcare-cost decrease of 1.5 percent per health plan member in the first three years of participation in a high-performance provider network. According to the Milwaukee Market Overview, the coalition found these self-insured member companies saved $44 million in healthcare costs over the first three years of participation in the Humana Preferred (BHCG) network, a high-performance, limited network of providers that is exclusive to coalition members.

Unlike most health plan networks, which strive to take in more providers to attract members, a high-performance network like Humana Preferred (BHCG) limits providers to include only those who are the most efficient practitioners in an effort to maintain costs.

"With healthcare reform on everyone's minds these days, efforts like the Business Health Care Group's to develop these type of networks are an example of what businesses can do to control healthcare costs," said Taylor Holliday, analyst with HealthLeaders-InterStudy. "This model is not only a win for the employers because of the costs savings--it's also beneficial for the insurers."

For example, in the first half of 2009, the Humana Preferred (BHCG) saw a 38 percent increase in the number of participating employers and a 20 percent gain in the number of employees and dependents participating in the network.

Why Pharmaceutical Companies Need Market Overviews

Market Overviews provide a detailed analysis of local healthcare market drivers in 87 of the nation's most dynamic metro areas, allowing pharmaceutical executives to quickly gain local area expertise. Each report provides local-level insights into: health systems and hospitals, physicians, health plans, Medicare/Medicaid, pharmaceutical environment, legislation and employers.

About HealthLeaders-InterStudy

HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit www.HL-ISY.com.

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.


For more information, contact:

Lisa Osgood                               Elizabeth Marshall
HealthLeaders-InterStudy                  Decision Resources, Inc.
781-296-2606                              781-296-2563
losgood@hl-isy.com                        emarshall@dresources.com

SOURCE HealthLeaders-InterStudy


'/>"/>
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Milwaukee County Employees Retirement System (MCERS) Goes Live with V3 Self-Service
2. FamilyLife Supports Military Marriages in Milwaukee
3. Auroras Milwaukee Hospitals Recognized in US News and World Report
4. Milwaukee VA Hospital Gains New Spinal Cord Treatment Center
5. Managed Health Services Partners With Milwaukee Health Services to Increase Access to Care for Underserved Communities
6. Milwaukee Journal Sentinel Wins First Health Journalism Award from Foundation for Informed Medical Decision Making
7. Statement by Bonnie J. Campbell, Former Attorney General of Iowa and Spokesperson for Atlantic Richfield Co., Millennium Holdings, LLC, NL Industries, Inc., and The Sherwin-Williams Company on the Jury Verdict Reached Today in the Thomas (Milwaukee) Case
8. Medication Compliance Is a Key Concern for Employers, According to New Survey
9. Lockton and Concentra Working Together to Lower Healthcare Costs for Employers
10. Warady & Davis LLP Named One of 'Top 50 Employers for Generation Y Chicago'
11. Employers of Any Size Can Now Benefit From Dependent Eligibility Audits Thanks to New Audit Toolkit
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... ... ... years, Doctors on Liens has published a directory of the top doctors working ... When the company started in 1997, the directory was a single page focusing on chiropractors ... directory features a vast array of medical specialists stretching from Sacramento to San ...
(Date:12/2/2016)... ... December 02, 2016 , ... Center for Autism and ... of those affected by autism spectrum disorder (ASD) and other developmental disabilities. The group, ... will give parents and other caregivers the opportunity to share stories and advice, seek ...
(Date:12/2/2016)... ... December 02, 2016 , ... Mediaplanet’s newest campaign, ... standing as living proof that attitude and determination can combine into the most ... spike around the holidays. This campaign will offer patients a new-found hope, by ...
(Date:12/2/2016)... ... December 02, 2016 , ... ... version of its SaaS LIMS, CloudLIMS Lite. CloudLIMS Lite helps biobanks, clinical, research ... labeling, storing, shipping and disposal. The new version is a faster and a ...
(Date:12/2/2016)... Wexford, PA (PRWEB) , ... December 02, 2016 , ... ... manages stress and overall health, day and night. No other wearable health technology on ... management. We wanted to give poeple more meaningful insights about their health than ...
Breaking Medicine News(10 mins):
(Date:12/2/2016)... , Dec. 2, 2016  LifeVac, the revolutionary ... included in the Emergency Response Training and Support Services ... excited to have LifeVac become part of the ERTSS ... Founder and CEO of LifeVac. "Having an established network ... and effectively will help leverage our efforts to spread ...
(Date:12/2/2016)... -- PipelineRx, a leading medication management technology company focused ... its SaaS-based telepharmacy platform, PowerGridRx™ , at ... Clinical Meeting and Exhibition, December 5-7 in ... hospital clients nationally, the Company is a leader ... improve pharmacy operations, enhance patient safety, and reduce ...
(Date:12/2/2016)... 2, 2016  Maxor National Pharmacy Services, LLC ("Maxor"), today ... Inc. ("PSI").  The combination of Texas -based ... -based PSI bring together both company,s clinical expertise and high-touch ... an industry-leading specialty pharmacy. About Maxor ... , , ...
Breaking Medicine Technology: