Every year employers are missing opportunities to save and employees pay more and more out of pocket. Luckily there's finHealth Navigator to address these problems. Average "waste" in healthcare due to errors, abusive pricing, billing for services not rendered, poorly negotiated contracts and lack of medical necessity.
Between 3% and 7% of all healthcare claims are paid inaccurately - and only a fraction of those claim payments are later corrected. We provide the data analytics you need to drive positive health outcomes and optimize the efficiency of the complex, error prone billing process. The healthcare app landscape is highly complex.
Between 3% and 7% of all healthcare claims are paid inaccurately - and only a fraction of those claim payments are later corrected. We provide the data analytics you need to drive positive health outcomes and optimize the efficiency of the complex, error prone billing process. The healthcare app landscape is highly complex.
Services
Robust health & wellness benefits are critical to attracting and retaining top talent for your organization. However, healthcare is costly, incredibly complex to manage, is undergoing radical change in terms of service delivery, and a significant portion of the costs are rapidly shifting to the employee.
Did you know that certain prescription drugs have increased in cost at rates up to nearly 850% since 2007 versus an increase in the Consumer Price Index (CPI) of 12% during that period? There are 15 cancer drugs introduced in the past 15 years that cost patients more than $10,000 per month. Did you know that there can be significant unexplained variation in the cost of the exact same procedure across your patient population?
This may be the most overused term in corporate healthcare. Workplace wellness is already a $7+ billion industry in the United States, and is expected to grow to $11 billion by 2019. What does it mean and does it actually have any financial payback? That answer depends in part with whom you speak. If you talked to Catholic Health Initiatives, they would answer with a resounding "YES!".
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