Five50Advisory

YOUR RISING HEALTHCARE COSTS ARE
SOMEONE ELSE’S PROFITS
You can’t afford to trust this line item with an insurance sales organization

[Five50Advisory @Five50Advisory]

#healthcare #ceo #cfo #benefits

[Five50Advisory @Five50Advisory]

Check out this article: https://t.co/5nzeC6myi7

For the average employee, the healthcare system is incredibly difficult to understand.

Learn more about our employee communication services at https://t.co/gxpN29STeB.

[Five50Advisory @Five50Advisory]

It’s not an accident that pharmaceutical pricing is confusing. 

We help companies learn ways to save money on pharmaceutical purchases. Schedule a call now on our website - https://t.co/CnANzYl4PW.

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Do your employees know the difference between an EOB and a bill? How about the use of price transparency tools?

Effective healthcare oversight requires ongoing and pertinent communication. We help companies develop systems to do this effectively.

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Creating extended-release versions of generic drugs enables pharmaceutical companies to charge much higher prices than the standard version—even though studies show no discernible difference between the two medications.

Sign up for our free newsletter. 

https://t.co/l6BkCEVrdr

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Pharmaceutical manufacturers sometimes combine two generic medications into branded combination pills, which they can sell at a much higher price.

We can help you navigate these rising costs for you and your employees. Reach out today.

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Using benchmarking data, our free revenue tracker tool can help you understand the effect that the waste and inefficiency in healthcare is having on your company’s topline.

https://t.co/1dq6YpYOkr

[Nurse Race @race4freepeople]

@SurgeryCenterOK Medical price transparency is not achievable without including the medical decision making (MDM) behind the bill.

Codes and dollar amounts alone do not explain WHY a visit was billed at a certain level or help patients determine whether the billing is accurate.

[Surgery Center of OK @SurgeryCenterOK]

When Surgery Center of Oklahoma opened in 1997, the idea that patients should know the price of surgery in advance was really unusual.

Rather than follow the status quo, founders Dr. Keith Smith and Dr. Steven Lantier believed patients deserved clarity before deciding on surgery.

In 2009, we began publishing our bundled procedure prices online, allowing patients to see one all-inclusive price before scheduling care.

This radical departure in healthcare communication started a movement that continues to grow.

Price your procedure today: https://t.co/9AMqge6CA3

[Noah Kaufman, MD @noahkaufmanmd]

This is excellent.

I left the system and created an alternative to the emergency department that is far cheaper, just as high-quality, and little to no wait.

We are cutting out the middleman. @kaufcare Denver, Colorado.

[Eric Bricker, MD @DrEricB]

Thank You @MartyMakary

[Five50Advisory @Five50Advisory]

Pharmaceutical manufacturers have been criticized for their advertising campaigns targeted at consumers. Critics say that the optimistic imagery of the ads purposefully distracts consumers from dangerous side effects and may be undermining the advice of healthcare providers.

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A typical health plan is poorly equipped to address the rising costs of prescription drugs. These factors are a driving force in you annual rate increase. 

Let’s talk about how we can help you with your pharmacy spend and better allocate those dollars more efficiently.

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Rising health insurance costs are effectively causing your employees to experience a hidden pay cut each year.

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This isn’t a “someday” problem - 2028 is right around the corner, and healthcare costs are increasing now.

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This means wasteful spending accounts for more than half of total healthcare spending. The study shows that 8 out of 10 consumers believe that inefficiency in the healthcare system is not only driving up costs, but impacting quality of care- and we’re inclined to agree with them.

[Five50Advisory @Five50Advisory]

Every year, there’s a new headline about why healthcare costs are going up. This year? It’s not just one thing.

The real challenge isn’t predicting the increase, it’s figuring out how to actually manage it. 

Read Article HERE: https://t.co/qJpDbJRUTg

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Wondering what will happen to your healthcare spend if your organization elects to stay on its current path vs applying our strategies?

Wonder no further - you can find out for free at https://t.co/BsBAIR4Fll

[Five50Advisory @Five50Advisory]

ACA requires health plans with groups > 100 individuals spend $.85 of every dollar on medical claims. An issue arises with the remaining $.15, which is allocated to administration/profits and criticized for incentivizing carriers with profit increases as the cost of claims grows.

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“Essential” coverage comes at a cost.

The better path isn’t choosing between cost and coverage — it’s understanding what’s actually driving both. And we can help you do that. 

Read Article HERE: https://t.co/x5YKtolMRO

[Five50Advisory @Five50Advisory]

If it wouldn't be tolerated in any other area of business, it shouldn't be normalized with your health care spend.