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Data initiatives: building a managed care network utilizing clinical performance data
S Tilley1, D Bomberger, T Ackroyd
1Healthcare Research Affiliates, Mechanicsburg, PA, USA.
Summary
Hershey Foods Corporation created a managed care plan to control rising health care costs. They collaborated with various stakeholders, analyzing quality and cost data to build a provider network.
Area of Science:
- Health Services Research
- Health Economics
- Corporate Health Management
Background:
- Rising healthcare expenditures necessitate innovative cost-containment strategies for corporations.
- Traditional indemnity health plans present challenges in managing and controlling costs.
- Proactive corporate health plan development is crucial for financial sustainability.
Purpose of the Study:
- To detail the development of a corporate-managed care plan by Hershey Foods Corporation.
- To explore the collaborative process of building a provider network for a self-funded health plan.
- To examine the organizational adaptations required for implementing a new managed care initiative.
Main Methods:
- Utilized data from the Pennsylvania Health Care Cost Containment Council for provider network selection.
- Integrated expertise from healthcare data consultants, insurance providers, and healthcare professionals.
- Incorporated input from employee and union representatives throughout the development process.
- Analyzed key indicators of quality and cost-efficiency in provider selection.
Main Results:
- Successful establishment of a managed care network through multi-stakeholder collaboration.
- Implementation of a data-driven approach to assess provider quality and cost-effectiveness.
- Identification of necessary organizational adjustments within Hershey Foods and partner groups.
- Demonstrated a viable model for corporate-led health plan innovation.
Conclusions:
- Corporate-sponsored managed care plans can effectively address rising healthcare costs.
- Multi-stakeholder collaboration and data analysis are critical for successful network development.
- Organizational flexibility and adaptation are essential for implementing and sustaining corporate health initiatives.