“Most accounts suggest emergency medicine spend ... is really only somewhere between two and four percent ... now up to six percent on average for plan sponsors”

Chris Klomp, Collective Medical · Relentless Health Value · Why Avoidable ER Visits Aren't the Real Cost Problem: Revisiting Our 2016 Interview With HHS Nominee Chris Klomp

Play from 5:37
5:37

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What was described

stated that emergency department spend is 2-4% of total US healthcare costs in 2016, rising to about 6% for plan sponsors now

2-4%, 6%

Said nearby on the same subject

“Plan sponsor is now the insurance company… make sure everyone on the plan sponsor side truly gets that this is what's happening.”
FP
Frank Panaccio
Relentless Health Value ·
How they work Share this moment
“We can actually model different scenarios... what happens if expenses rise faster than expected or when the market's down or if you need a new roof, buy a car or possibly healthcare costs increase”
♫
Said on Retire Right Radio
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“Initially a lot of requests were just totals. Now it's about pulling apart accounts and having conversations on the spend.”
KS
Katelyn Stienen
FP&A Today ·
How they work Share this moment
“…the plan sponsor owns the data. The plan sponsor must have access to the data… they’ve signed the rights away when they signed the contract.”
FP
Frank Panaccio
Relentless Health Value ·
Why it worked Share this moment

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