Savvos Health

Lucien Morin and I were honored to have Savvos Health recognized as the fastest growing company by Utah Valley BusinessQ magazine. This recognition would not be possible without our diligent team members, investors and advisors who have worked tirelessly to overcome countless obstacles to get us where we are today. Savvos Health is fixing the healthcare transaction by establishing the Nation's largest cash pay marketplace saving payors and patients millions of dollars; by facilitating immediate cash payment to providers; and by enabling communication between payors, providers and patients. Savvos Health is making a tremendous impact in the healthcare industry and will continue to do so. Thank you all for your support. #healthcaretransaction #immediatecashpay #UV50 #cashpaymarketplace #affordablehealthcare #fixhealthcare Chris Morin, Scott Larsen, Logan Huntsman, MBA, Justin King, Ryan Morin, Michael D Jensen, Johnathan Williams, Tricia Rasmussen, Alan Northcutt, Monica Budge, Aubrie Wallace, Judy Evenson, Ryan Harper, Angie Baughman, Lance Evenson, Aaron Skonnard, Dutch Rojas, Madeline Smith, DBA, Jeff Mask, Mary Christensen, Alex de Santiago, Landon Ainge, Brent Gray, Cory Morin, Rick Fielding, Danny Ashworth, David Chase, Jared Lynch, Connor Fackrell, Stuart Schantz, Mark Sly

It was an honor today for Savvos Health to be recognized in the Utah Business Fast 50 as the 6th fastest growing company as measured by revenue growth. My dear friend, co founder, and COO Jake Fackrell was masterful at representing Savvos for this award! Tomorrow’s health care transaction will NOT be built on yesterday’s tools. Savvos is completely changing the healthcare experience with THE most powerful digital healthcare platform that delivers Inmediate Cash Settlement to all stakeholders. Imagine a health care transaction that doesn’t feel like a health insurance transaction at all! Keep watching, I’m confident that next year Savvos moves to number one!

If there's one thing I'm good at, it's making kidney stones! I've passed dozens of stones and have needed lithotripsy 7 times, so I pay attention when someone shares their kidney stone experience. Today, a Savvos member attempted to schedule her lithotripsy at a MO hospital and was quotes $59,000 in hospital charges, due at the time of service. The Savvos Immediate Cash Settlement price averages $6,500 bundled! That's a painful kidney stone!

Savvos has learned from experience that hospitals posting the wrong price is only part of the problem, many hospitals REFUSE to share the price at all! These bad actors require you to receive medical care first, and ONLY THEN will they tell you the cost. Someone name another business transaction where you agree to services without knowing the cost in advance... https://lnkd.in/gZzHWbHb

Engaging surgical centers and hospitals with Immediate Cash Settlement results in a better experience for the member and for the provider, and results in tremendous cost reductions. Recently, a health plan and their member scheduled this SVT Heart Ablation through Savvos with a center of excellence not far from the member's home. The health plan's contracted rate at the "default" hospital was over $200k and their Referenced Base Pricing vendor was able to whittle this down further, all the way to $140k. This post is not meant to disparage networks, or RBP vendors, or any other strategy trying to reduce healthcare costs. But on the spectrum of affordability, nothing can compete with Immediate Cash Settlement solutions that bring proven business principles to an industry that has divorced itself from reason. This transaction with Savvos was simple and engaging, and resulted in a firm price of $33,938 with no billing headaches, no balanced billing nightmares, and no lengthy claims processing. Savvos is changing the business of healthcare with Immediate Cash Settlement for third party payors.

The business of healthcare in the US has become a criminal enterprise. You must pause for a moment today and contemplate what I'm sharing. A Savvos member is scheduling a Tonsillectomy, Adenoidectomy, & Tympanostomy for a child. The Good Faith Estimate from the hospital is $155,068.95 The Savvos Immediate Cash Settlement price is $6,367.08 If I don't yet have your attention, keep in mind two things. The hospital Good Faith Estimate is facility charges only, and DOES NOT include physician, anesthesia, etc. Also, if you look closely at the Savvos Immediate Cash Settlement price, you'll see the estimated time for this procedure listed under Anesthesia is 20 minutes. I hope you're as angry as I am