Our Approach
You can't manage what you don't measure.
Rather than shifting cost between employers to employees, value-based health care tends to shift the perspective from managing the cost of care to investing in the wellness of a plan population. In other words, we are shifting from the mindset of what it will cost after the fact, to what we can invest beforehand in order to reach a desired outcome.
The first step towards reducing health plan cost increases is to understand what is driving the costs and the prevalence of those conditions. You can only manage what you measure but you can only make a difference on the areas of cost where you can impact change. Therefore it is necessary to track the conditions chronic or otherwise of your population, measure how effective your population is in staying medically compliant to the Standards of Care for a particular condition and develop strategies to influence better compliance and overall behavior towards total health.
To measure, manage and take action to drive down health claims costs, organizations need a tool that provides health plan management, claims analytics, and easy-to-use dashboard and reporting capabilities. Design180®, by NavigatorMD, is that and more.
Demand for data-driven analytics and plan-modeling software has risen due to the increased need to control escalating healthcare costs among mid-sized, self-funded employers. NavigatorMD offers solutions to this market for healthcare data analysis and insurance plan modeling, enabling organizations to mitigate claims expenditure, increase overall wellness within a workforce and ultimately optimize the effectiveness of health plan designs.
