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Rachel

Senior Management/Finance

Benefits are a costly but important part of employee compensation, and you must manage them as effectively as you do your other resources. That means you and your HR team need tools to integrate and analyze data just as you do in any area of your business. This is needed so an effective strategy to reduce health care costs can be created, implemented and monitored over time.

The Solution

Salem Health Solutions' Reporting and To-Do Lists enable highly customized recommendations as to the best course of action to reduce health care costs and improve health. This is accomplished through a series of red-light/green light style scorecards designed to help the executive team:

» see where the money went, the components of trend and how the company's experience compares to peer groups
» predictive modeling to predict the future health and costs of the employer's population and how member behavior and health status influences future health care costs
» Evidence-Based Medicine guideline analysis to determine how to improve health through modifications in member and provider behavior
» To-Do lists recommending appropriate programs based on the specific health parameters of the company, with expected ROI of those interventions and measurement after implementation.
» Financial reports to assist in funding accounts and managing cash flow.

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