PORTLAND, Ore. – Today HealthSparq, the leading provider of healthcare transparency solutions to many of the nation’s largest regional health plans, demonstrated how health insurance companies can achieve millions of dollars in savings using healthcare transparency tools. Scott Decker, president of HealthSparq, showcased his company’s advanced technology and its potential impact on costs during his panel at America’s Health Insurance Plans (AHIP) Operations and Technology Forum in Chicago.
Decker’s panel, “Making Room for Innovation in Times of Overwhelming Change,” was part of AHIP’s New Technologies and Innovations Transforming Healthcare session track. At the event Decker discussed results of a recent case study showing that empowering consumers to comparison shop online for their healthcare services with HealthSparq’s Treatment Cost Estimator drives cost reduction.
“The largest affiliation of health plans in the Northwest found ways to not only adapt, but embrace change, and improve the health care system for all using HealthSparq’s transparency software,” said Decker. “The study I reviewed proves health plans can create solutions that make a measurable difference in the health care system and in their own claims paid. Empowering their members with online comparison shopping tools has the potential to make a huge difference in skyrocketing healthcare costs.”’
The subject of the case study showed a potential savings of $49 million in the course of two years. To download a copy of the case study, visit www.healthsparq.com/resources.
To learn more about HealthSparq, visit www.HealthSparq.com and follow @HealthSparq on Twitter. To request a HealthSparq demo, please send an email to info@HealthSparq.com or call 855-SPARQ-IT (855-772-7748).
About HealthSparq
HealthSparq develops healthcare transparency solutions for health plans and self-insured employers. The HealthSparq platform leverages data from a variety of sources, including health insurance claims, linked together with community reviews and discussions to empower consumers to make informed decisions via online shopping for healthcare. HealthSparq is part of the Cambia Health Solutions family of companies and is located in Portland, Oregon. To learn more about HealthSparq, visit www.HealthSparq.com and follow @HealthSparq on Twitter. To request a HealthSparq demo, please send an email to info@HealthSparq.com or call 855-SPARQ-IT (855-772-7748).
Contact
Christine Lynch
208.333.7839, Christine.Lynch@CambiaHealth.com
