At Penstock, we understand that managing costs is a balancing act that healthcare payers face daily. With medical expenses at an all-time high, making informed, strategic decisions to curb spending is crucial, especially in areas prone to significant overpayments such as surgical implants.
Uncover Hidden Costs and Drive Down Expenses
Our comprehensive guide, in partnership with Paradigm, delves into the critical area of surgical implants—a leading and disproportionate cost driver often overlooked by healthcare payers. Despite their necessity, the lack of transparency in implant billing practices means that overpayments are far too common, silently driving up claim costs.
What Will You Learn?
- Insights into Surgical Spending: Understand the dynamics of surgical costs, including how shifts to outpatient ambulatory surgery centers and the reduction of unnecessary procedures can positively impact patient outcomes and cost-efficiency.
- The Real Impact of Surgical Implants: Explore findings from a Boston Strategic Partners independent study showing that orthopedic surgical implants alone can constitute 25% to 60% of a surgical bill.
- Strategies for True Cost Savings: Learn how to uncover overpayments and implement effective cost-saving measures without compromising the quality of care.
- Choosing the Right Payment Integrity Partner: Gain knowledge on selecting a partner equipped to navigate the complexities of implant costs, ensuring transparency and fairness in billing.
A Must-Read for Healthcare Payers
Whether you’re a decision-maker at a payer organization, manage a self-insured plan, or oversee a government healthcare program, this guide is an essential tool to help you uncover significant cost-saving opportunities in surgical implant spending.
Discover strategies to not only reduce costs but also to maintain, and even enhance, care quality. With surgical volume expected to rise over the next decade, the time to act is now.