Today’s employers face two certainties: rising healthcare costs and difficulty optimizing preventive care dollars. With growing pressure to deliver results, the real challenge is unifying the data to identify and measure effective health strategies.
Solving this modern day problem requires a modern day solution, which is why LMC has partnered with Springbuk to provide employers with comprehensive insight into historical and future health expenditures, wellness vendor performance, intervention program efficacy, and population health strategy.
Springbuk’s platform enables LMC to work in tandem with our clients to unify wellness, claims, demographic, and biometric data to identify immediate savings opportunities and track efficacy of wellness intervention programs. With this data LMC is able to provide actionable recommendations, including: guideline gap analysis, chronic and acute impact analysis, risk profiles, potential cost aversion analysis, physician profiling, and utilization analysis.
“LMC’s partnership with Springbuk enables us to help our clients to better manage the health of their insured population, which in turn leads to reduced healthcare costs, healthier employees, and more strategic allocation of resources,” states Rick DeBartolo, LMC senior vice president.
Springbuk works with leading consultants and wellness solution providers to improve reporting, engagement and results for employer clients. The platform has processed over $7 billion in claims and uncovered nearly $250 million in health savings opportunities within employer groups. More than 1,500 employers turn to Springbuk for trends and best practices in population health.
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