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TPA & PBM Hidden Sources of Profits: 16 Essential Health Benefit Cost Savings Tactics

02/11/2021, 8:30 AM to 9:30 AM

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Description:

Most employers are signing TPA and PBM contracts that have not been evaluated comprehensively or with the expertise required to effectively identify and negotiate sources of vendor profits.

TPA and PBM earnings are not invoiced but are contractually driven. These revenue sources are embedded in contracts that most employers and advisors do not fully comprehend. Instead, employers rely on advisors that focus primarily on the cost being invoiced. This results in contracts that are often-times uncompetitive.   

This webinar from Holmes Murphy and Dr. Scott Conard will provide a deep dive into the hidden sources of profit and strategies to renegotiate all agreements to your competitive advantages.  

As Dr. Scott Conard mentioned at the end of his keynote presentation at MBGH's annual conference, MBGH members and peer roundtable participants will have an opportunity to receive a TPA, PBM audit and clinical review as part of a 30 Day Engagement with Holmes Murphy.   The 30-Day Engagement focuses on identifying key opportunities to restructure fixed cost arrangements to competitive advantages as well as performing a high-level clinical diagnosis of your plan.  Employers will get a summary of findings and recommendations for cost improvement.

MBGH members and peer roundtable participants will receive a calendar invite. If you haven't received your's, please email ctravis@memphisbusinessgroup.org.

Others that want to attend, please email jslivinski@memphisbusinessgroup.org.

 

 



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