Why Neuro is Next: With Costs Rivaling Diabetes & CVD, Plans ID >$40MM in Post-acute Neuro Savings
$40MM in Post-acute Neuro Savings">Complimentary Webinar
December 11, 2019 • 2:00 PM - 3:00 PM ET
In 2015, the estimated cost of cardiovascular disease (CVD) in the U.S. reached $555 billion annually and the cost of diabetes exceeded $245 billion.1,2 The same year, annual U.S. costs for neurological conditions reached $800 billion, with annual growth rates exceeding 25% for a subset of six key conditions including traumatic brain injury, stroke, spinal cord injury/disorders, muscular dystrophy, multiple sclerosis and cerebral palsy.3,4
Recent claims analyses for payer segments including Commercial, Medicare, Medicaid, Exchange, Employer, and ACO document startling growth in neurological and associated secondary conditions and the cost to treat them. Further analysis reveals the majority of post-acute expenditures for members with neurological conditions are driven largely by admissions and preventable complications.
With costs rivaling conditions long targeted by payers, post-acute neurological solutions offer a new and significant opportunity for quality driven savings and a path to unprecedented recovery for members with complex neuro diagnoses.
Innovative payers found that, due to neuro complexity, just 4.5% of their population drove up to 24% of annual costs.3
Join Utilize Health for this groundbreaking webinar on the growing impact of neurological conditions across payers. Speakers include Debra S. Poskanzer, MD, a health plan medical director and 30-year practicing physical/ rehabilitation medicine physician, in addition to Utilize Health’s Chief Clinical Officer, Rebecca Baker and Chief Executive Officer, Jessica Harthcock.
During this webinar, we will:
- Share claims analyses (Commercial, Medicare, Medicaid, Exchange, Employer, and ACO) validating the hidden costs of neurological conditions for all payer segments
- Demonstrate how specialized neuro care solutions can achieve quality driven medical cost savings of up to 25 percent within 12 months of program start
- Substantiate use of neuro-specialized clinicians and digital tools to identify, target, and close neuro-related gaps in care while delivering improved patient satisfaction and quality of life
- Show how a 300K member plan identified $53MM, and a half-million member plan found over $40MM in annual savings through targeted post-acute neurological care solutions
Citations
1 American Heart Association, 2015.
2 Mortality and Cost, Data and Statistics for Diabetes, 2015. CDC.gov
3 The Economic Burden of Neurologic Disease — $800 Billion Annually in the US; Shaw, Gina; Neurology Today, 17(12):1,14-18, June 22, 2017; doi: 10.1097/01.NT.0000521169.52982.7f.
4 Utilize Health, data on file.
About Utilize Health
At Utilize Health, no one walks alone.
Headquartered in Nashville Tennessee, Utilize Health is a targeted neurological care solutions company committed to helping patients with complex neurological conditions achieve better health and functional outcomes while providing cost savings for clients. Utilize Health combines evidence-based guidelines with innovative, neuro-specialized care strategies to promote early symptom identification, prevent risk escalation, and empower patients to set and achieve functional health goals. The company’s innovative model focuses on quality and optimized recovery, significantly reducing medical cost while improving member and provider satisfaction.
Through its proprietary analytics engine, Utilize Health identifies hidden neurological expenditures buried within claims and targets quality driven savings opportunities. Delivered via face-to-face, telephonic and digital interactions, Utilize Health’s services empower members to be active partners in their own recovery. Utilize Health’s FacilityOptimizerSM, wholly unique in the industry, matches patient needs with qualified neuro rehabilitation centers best suited to meet those needs. Utilize Health’s programs are easily launched and deliver significant savings within 9 months of program start. Programs have shown a minimum 4:1 ROI, and Utilize Health provides program guarantees with fees at risk.
For more information, visit www.utilizehealth.com
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