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Welcome Message from 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.
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. ![]() 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 Employees 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. |
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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. Contact Us Time to review your plan? We'd love to hear from you! Click here to talk about a better healthcare strategy for your company today! |
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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. |
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