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Employer Incentivized Doctor/Patient Evidence-Based-Medicine Protocol
Adherence ProgramHR Specialty Products & Services Catalogue Executive Summary
A No Frills Distillation of Vendor’s Marketing Collateral
Thomas A Ference
President & CEO
Human Resources Mining & Distribution Co
Locating, Validating and Accelerating HR Innovation
Office: 219-662-0201
Cell: 630-240-2583
Fax: 219-661-0236
e-mail: [email protected]
Website: www.hrmdco.com
Employer Incentivized Doctor/Patient Evidence-Based-Medicine Protocol Adherence Program
• Payers have developed tactics to make employees accountable (e.g. Value-Based Design, Wellness) and providers accountable (e.g. Episode of Care Payments, Pay-for-Performance) to the benefit plan but not the employee/patient and the doctor mutually accountable to one another
• Example: Doctors spend 49 seconds during visit telling the patient what they need to know about taking a new medication
• Up to 50% of patients leave their doctor’s office not understanding what they are told to do
• This 10+ years-in-the-making, SaaS-based patented system manages incentives and processes for both the physician and the patient to be guided by evidence-based-medicine protocols
Employer Incentivized Doctor/Patient Evidence-Based-Medicine Protocol
Adherence Program• Works where patients receive an “Information therapy (Ix)” and are
compensated from the benefit plan for both demonstrating medical literacy and declaring to their doctor compliance with the health recommendations made by their doctor
• Also, doctors are equally compensated from the benefit plan for declaring adherence to the evidence based guideline and treating the patient’s medical illiteracy by prescribing “Information (Ix)”
• The system manages 117 guidelines that cover between 50% and 55% of the total employer spend
• 100% of office visits/diagnoses are covered by Ix, whether the doctor participates or not
• Average patient participation rate of 65%• Creates win-win-win for employer-patient-physician• ROI = Range of 3:1 to 17:1 in independent studies
Employers/Insurers
Physicians
Current Status of Cost Containment & Accountability Solutions
Have Not Produced Consistent , Measurable ROI
Consumers/Patients
Yes Yes
No
Completion of the Accountability Cycle
All 3
Stakeholders
Aligned
Patient
PhysicianEmployer/ Insurer
Patient Accountability with Employer/Insurer
• Wellness and prevention• High-deductible consumer-
driven health care• Disease/care management• NEW Assured adherence
to EBM guidelines
Provider Accountability With Employer/Insurer• Capitated HMO• P4P• Accountable Care Org.• Episodic care payments• Medical home• NEW Assured adherence
to EBM guidelines (or reason for variance)
NEW Patient Accountability with Physician
• Information Ix• Mutual declaration of adherence
to EBM guidelines• Patient & physician dollar
incentives paid from benefit plan for adherence
• Vendor measured ROI
EBM = Evidenced Based Medicine
Six Year Savingsvs. Projection
$2,073,905
Total Investment $333.367
Six Year Results: Rewarding Better Care, Patient Education and
Compliance Lowers Cost
Six year program investment vs. “all-in” claims cost = 6.2:1
Next Steps• This product/service is contained in the HR Specialty
Products & Services Catalogue™ • Operational level details about this particular service
provider can be obtained in conference with the vendor• The HR Mining &Distribution Co. is an independent and
contracted representative of the vendor• Upon your request, we will arrange for an introduction
that can range from a simple, quick conference call to a services overview / system demo
• Tom Ference 219-662-0201 (Chicagoland area) or [email protected]
• Thank you for your potential interest in this fresh thinking