RMP Advisor  
 
VOLUME 2 ISSUE 7 JULY/AUGUST 2010 http://www.rmpllc.biz
 
     
    Welcome Message from David Edman

David Edman It's summertime, and if you're taking a vacation from your worries about healthcare spending, you may want to print this newsletter, set it aside, and pick it up again to read after Labor Day. On the other hand, if you think summertime is for planning and you're interested in breakthrough thinking, bold actions, and rewarding results, then read on.

This month's feature — about healthcare with a warranty — shows that there is a better way to pay for health services. Plus, you may want to consider joining us on September 14 for a seminar we're calling "Closing the Efficiency Gap," where we'll talk about these issues in detail and help your organization prepare for the future.

  David Edman
Managing Partner
Risk Management Partners LLC

 

Can Healthcare Come with a Warranty?

Can Healthcare Come with a Warranty?Dr. Pauline W. Chen, writing for The New York Times, reflects on a series of small businesses her parents owned while she was growing up — "You were getting the best service and quality my parents could muster or you would get your money back."

Dr. Chen interviews Francois de Brantes about a proposed new healthcare reimbursement model that comes with a warranty. The Prometheus Payment system, developed with the support of the Commonwealth Fund and the Robert Wood Johnson Foundation, seeks a breakthrough in the way that we deliver and finance healthcare services in this country. It addresses the problem of "avoidable complications," with financial rewards for providers who meet the desired objectives. Employers and other healthcare purchasers who seek greater "value" — better results at lower costs — will want to read more. Read more.


 

You're Invited — 2010 Value Purchasing Seminar:
"Closing the Efficiency Gap"


A recent landmark study of the value of healthcare shows that the United States is at a huge disadvantage compared to our global competitors.

Closing the Efficiency Gap

Learn more about these findings and what action you can take to prepare for the future. Read more.

 

A 4-Step Method to Lower Benefit Costs — Creating a Partnership Between Employees and Management

A 4-Step Method to Lower Benefit CostsEmployees are increasingly aware that total compensation is a zero sum game—when health benefit costs rise at disproportionate levels, there is less money available for salaries. When employees and management work together, build trust, and develop strategies to reduce unnecessary (or wasteful) spending, it's a "win-win" situation. Read the full article.
   
     
  In This Issue
 
 
 
 
  Bullet Welcome from David Edman  
 
 
 
  Bullet Can Healthcare Come with a Warranty?  
 
 
 
  Bullet 2010 Value Purchasing Seminar: Closing the Efficiency Gap  
 
 
 
  Bullet A 4-Step Method to Lower Benefit Costs  
 
 
 
  Bullet Health Tip: Losing Weight, Living Life  
 
 
 
  Bullet Contact Us  
 
 
 
       

Health Tip
  Losing Weight, Living Life. With obesity at an all-time health concern in our country, there's no shortage of diets and advice. Now, a new approach is gaining popularity, based on the bestselling book called Women, Food, and God by Geneen Roth — and it's not just for women. Her angle is to make eating a more conscious process. If you're tired of counting calories and looking for an inspiration, you may want to learn more about this mind-body approach. Learn more.  
     
   
       
 

About RMP
RMP draws on more than three decades of experience inside the healthcare industry, using a risk-management approach to create smarter purchasers and consumers of healthcare — exposing wasted spending and helping clients get consistent maximum value for their health-care dollar.

 

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    Risk Management Partners LLC
David Edman, Managing Partner
175 Strafford Avenue, Wayne, PA 19087
610-975-4415
http://www.rmpllc.biz

© 2010 Risk Management Partners LLC. All Rights Reserved. This newsletter produced by FulcrumTech, LLC.