WellNet and Its Software Division, Healthcare Interactive, Discuss Progressive Approach to Managing Escalating Costs as U.S. Healthcare Reform Debate Continues
Bethesda, MD (PRWEB) June 26, 2009 -- WellNet Healthcare, a healthcare technology company servicing private sector Fortune 1000 businesses and other corporations for more than 10 years, and Healthcare Interactive (HCI), WellNet's software division, introduced their Healthcare Performance Management (HPM) on Capitol Hill as a cost effective solution for addressing the country's healthcare challenges. The HPM platform increases data transparency and provides organizations of all sizes tools they can use to immediately lower healthcare costs.
WellNet and its technology and government deployment partner, including Lockheed Martin, met with Representative Roy Blunt (R - MO) and members of his office, to position the HPM solution of providing a market-driven, transparent and data-driven option for healthcare coverage in addition to suggesting open access for all companies to obtain Medicare pricing in order to create a level playing field. Congressman Blunt has gone on record to discuss the advantages of a different approach toward healthcare reform, including expanded access for Americans, the creation of a competitive landscape between private and public domains and greater empowerment for patients and their medical advisors.
"WellNet's progressive platform leverages data and gives the American people additional access to information, enhances their quality of care and creates opportunities for greater transparency," stated Henry Cha, president of HCI. "Our goal is to increase competition between insurers, physicians and hospitals without dismantling the insurance industry, and give tools to all parties involved to drive down costs."
WellNet's HPM solution, currently in Beta with its customers, enables company executives to have visibility into one of their business' most expensive line items: the rising costs of covering healthcare premiums for employees. WellNet's technology-enabled approach provides real-time data on the factors that drive-up costs. This unprecedented level of transparency provides companies with the data they need to maximize the value of the money they spend on healthcare, drive down overall costs, and utilize the savings to save American jobs.
"WellNet is in a unique position in this marketplace to deliver what the American people are looking for: complete transparency in managing their health plans," stated Todd Thompson, CTO, director of engineering & technology - civil enterprise solutions at Lockheed Martin Corporation. "Until WellNet, I've not witnessed a technology to date that can provide this increased access, while adhering to privacy and HIPPA concerns that are critical to success."
WellNet Healthcare enables companies to better manage their healthcare costs by analyzing their benefit programs to understand why costs are rising. Health benefits are usually the second or third largest line item in a corporate budget, yet it is the only expense into which CEOs and CFOs do not have visibility. WellNet works with the C-suite to analyze their benefits and help them understand why their costs are rising, and then put in plans to manage that cost. WellNet's technology subsidiary, Healthcare Interactive, is a research and development company committed to developing innovative technologies to lower employers' medical benefit costs and improve the health of their members. In the summer of 2009, the company will launch a corresponding portal allowing employees to have a single view of their healthcare records and expenses, as well as targeted news and information. Visit their Web site at www.wellnethealthcare.com.
Read the full story at http://www.prweb.com/releases/2009/06/prweb2580734.htm.
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