Complete Health Benefits Platform for the Enterprise
Reducing healthcare costs and improving outcomes is really hard. Companies have been struggling to do that for a long time, but the cost continues to climb – $10,000 per person in 2018 for the company and $4,000 for the employee. Similarly, the company’s health spending has grown from 6 percent of total wages in 1988 to more than 12 percent in 2018. Despite the high costs, the health outcomes are not improving. While the interests of companies and employees are aligned, the complex and fragmented supply chain used for delivering health benefits is not aligned or accountable to deliver better outcomes at lower costs. Sprite health is created to solve this problem.As an accountable care system, when we work with a company – we take full responsibility of their population to deliver improved health outcomes at lower cost. This requires a transition from the old supplier-driven benefits model to a new customer-driven approach that empowers employers to take full control of their benefits spend to design, finance, operate and deliver benefits tailored to each employee in their organization.We do it using our enterprise healthcare platform that combines technology, processes and people to provide a proactive, accountable approach that improves outcomes, reduces costs and elevates member experience.Our technology connects the company’s existing health benefits ecosystem (from medical, pharmacy, vision & dental networks, to emerging health and wellness programs) in one integrated system, reconfigures it around the needs of employees and makes it easy for benefit leaders to see what’s working and fix what’s not.We improve health outcomes with our proactive, collaborative and continuous care coordination approach that creates a personalized care journey for each member to address their specific needs. We reduce costs by optimizing employees’ care utilization and eliminating waste in care delivery. Care utilization is optimized when we are able to reach employees before they make care decisions, and guide them to the highest value options the first time. Waste is eliminated by creating care pathways for key population concerns, comprised of high value services delivered by high value providers. This technology-driven approach to improve health outcomes at lower costs allows us to take full risk and align our compensation to cost savings and better outcomes.