Wellnecity

Happy Thanksgiving from Wellnecity! Wishing you and your loved ones a joyful and peaceful holiday! ???? #Thanksgiving #Gratitude #HealthcareInnovation #Wellnecity

Tired of Watching Healthcare Costs Erode Your PE Portfolio's Value? It’s time to rethink your health plan strategy and unlock untapped value. Here’s how to make it happen: ??Disrupt the Cycle: Employee healthcare is the second-largest fixed expense after labor, costing businesses about $13,000 per employee with annual increases of 6-10%. Shifting this trend can create immediate value. ??Leverage Data: Centralizing and continuously analyzing health plan data helps you uncover cost-saving opportunities and prioritize impactful improvements. ??Hold Vendors Accountable: Demand transparency and a clear impact from your health plan providers to ensure they contribute to real savings. ??Prioritize High-Cost Members: A small percentage of members often account for up to 80% of costs. Predictive analytics can help reduce expenses by focusing resources effectively. The Results? For one of our PE clients managing 31,000 lives, we helped reduce costs by 25% while delivering better benefits and improved health outcomes—all without cost-shifting to members. The value impact at the company's sale was over $100M. Ready to supercharge your PE portfolio’s performance? Let’s connect to discuss how Wellnecity can help. #PrivateEquity #Healthcare #Profitability #Investments #CostSavings #PEvalue

Are you getting the most out of your health benefits? One of our clients found that their telehealth services weren't being used as much as expected. Our independent data analysis uncovered the root cause: underutilization was impacting their ROI significantly. With Wellnecity’s data-driven insights, we pinpointed the issue and empowered them to renegotiate their contract, leading to a savings of $200K. It’s worth asking—how well is your benefits program really performing? Sometimes, a closer look is all it takes to reveal hidden opportunities. Let’s explore how to make your healthcare dollars work smarter.

TPAs?- Managing multiple vendor integrations is a top challenge for TPAs striving to say "yes" to their clients' evolving needs. Let’s make that easier. With?Wellnecity's Smart Hub, cut through the complexity and do more than manage costs. Our one-to-many integration connects you to 100+ vendors effortlessly, empowering you to: ???Deliver actionable insights?that employers and brokers can rely on. ???Increase transparency and accountability?with advanced reporting. ???Proactively manage high-cost claimants?with early identification and support. It’s time to showcase the difference you make.?Stand out with health plan management that’s smarter, faster, and more effective. Ready to elevate your impact? Learn more at Wellnecity.com #TPAs #HealthPlanManagement #BenefitsAdministration #Wellnecity #HealthcareInnovation #ClientValue #TPASolutions

Struggling with Rebate Accrual Tracking? We Can Help. Tracking PBM rebate accruals can be complex and error-prone, leading to missed opportunities. Our data-driven approach at Wellnecity helped a client identify a $1.4M payment gap—money they were able to recover quickly. Our clients don’t leave savings on the table. Instead, they benefit from accurate, real-time tracking that ensures they get the full value they’re owed. How confident are you in your rebate monitoring??

Vendor Changes Can Be Risky. But Not for Our Clients. Imagine switching to a new Pharmacy Benefits Manager and, within weeks, realizing your spend is 29% over budget. ?? This happened to one of our clients. But thanks to Wellnecity's proactive vendor oversight, we caught it early. We worked with their VP of Risk Management, acted swiftly, and saved them $1.5M in the same year. The result? Their budget was back on track, and their bottom line, stronger than ever. What’s hiding in your health plan??

Actions have consequences - healthcare cost increases (from lack of management) appropriate employee wages. Very sad.

In today’s evolving job market, financial well-being is crucial. With stagnant salary increases and rising healthcare expenses, workers are feeling the pressure. This Wall Street Journal article highlights this issue, noting that while merit raises are expected to stay around 3.3%, healthcare costs may increase by 5.8% by 2025. This growing gap underscores the need for proactive strategies to manage these costs. Wellnecity provides HR leaders with data-driven solutions to combat rising healthcare costs. Through real-time analytics and the identification of inefficiencies, we've enabled clients to correct contract, claim, and enrollment errors, validate vendor performance and ROI, resulting in informed decisions that improved benefit offerings and outcomes. For one client, this approach maintained a 2% per employee per month (PEPM) trend growth, saving over $20 million annually. The time to act is now, with data-driven solutions paving the way forward.?

???????????????????? ???????????????? ?????? ??????????????: ?????? ?????????????????? ?????? ???????????? ???????????? ?????????? ???????? ?????????????????? ?????????????????? A recent Wall Street Journal article highlights the ongoing concern for employers as healthcare premiums rise by 7% for the second consecutive year, with family coverage now averaging $25,500. Many HR leaders are already exploring innovative, data-driven strategies to manage these increasing costs while maintaining quality care for employees. At Wellnecity, we’ve partnered with self-insured employers, like a regional automotive dealership, to ?????????????? ?? 30% ????????-????????-???????? ???????? ???????????????? by addressing key cost drivers, including high-cost claimants, emergency department usage, and specialty pharmacy expenses. By ???????????????????? ????????-???????? ???????? ?????????????????? and ?????????????????? ???????????????? ????????????????????, we not only helped reduce costs but also improved employee care quality. As healthcare premiums continue to climb, it’s more important than ever for employers to adopt data-driven approaches that optimize benefits and control costs effectively. #HealthcareCosts #BenefitsManagement #EmployerHealth #DataDriven??

New Insights Available: The Employer Health Innovation Roundtable (EHIR) has just released its latest white paper: "Data Analytics: Transforming Disparate Healthcare Data into Actionable Insights." This paper dives deep into one of the most pressing challenges facing benefits leaders today: the integration and utilization of healthcare data. Among its findings: - Over 50% of survey respondents identified data integration and data sharing between point solutions as critical obstacles.? - 70% of organizations plan to develop predictive analytics capabilities within the next two years. At Wellnecity, we're proud to have contributed alongside Abett to explore how employers can harness these insights to create meaningful, data-driven change. The white paper includes real-world case studies that highlight approaches to: Reducing healthcare costs? Enhancing care quality? Improving outcomes This is an important read for any leader looking to stay ahead of trends in healthcare analytics. Click the link below to download your copy today to see how the most innovative employers are leveraging data to address their biggest challenges. https://lnkd.in/eBc73gwW