Business

EmployerDirect Healthcare Achieves 44% In Average Procedure Savings For Employers In 2015

AUSTIN, Texas, April 14, 2016 /PRNewswire/ — EmployerDirect Healthcare (“EmployerDirect”), a leader in value-based healthcare for large employers with self-funded medical plans, announced today that SurgeryPlus® saved an average of 44% over historical commercial rates during FY2015 (average of $7,692 per procedure), continuing to demonstrate its hard-dollar ROI proposition for clients.

SurgeryPlus® provided its clients with average Per Employee Per Year (“PEPY”) total savings of $89 across its diverse client base, including procedure savings as well as avoided procedure and complications-related savings.  Select FY2015 savings examples included a mining company that saved $342, a construction company that recognized savings of $112, and a marketing firm that obtained savings of $66 PEPY.

SurgeryPlus® is a supplemental healthcare benefit for non-emergent surgeries that provides top-quality care, a better member experience and lower costs.  SurgeryPlus’® national Surgeons of Excellence network continues to grow rapidly, currently providing members access to over 1,000, 100% board-certified, top-quality Providers.  Pre-negotiated bundled case rates minimize surgery-related fees for members, eliminating the financial burden of unexpected costs to both members and employers.  Employers traditionally save 30-50% per procedure in direct procedure costs, while members benefit from a zero out-of-pocket option.

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SOURCE: http://www.edhc.com/employerdirect-healthcare-achieves-44-in-average-procedure-savings-for-employers-in-2015/

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