Change is on the Horizon

by Katherine on July 26, 2010

For three years now, change:healthcare has had the goal to help people save money on their healthcare expenses.  We want to help lots of people – as many as possible. We won’t say we’ve found the magic sauce (we’ll leave that to journalists like those at the New York Times, but we will say that we’re seeing magical results.

We wanted to help everyone (boy, were we starry-eyed and naïve). But getting the information was far more challenging than we ever dreamed. We found our best opportunity to help the most people was by working with large groups of employers.

If you want to be the best at what you do, it requires unwavering focus. We hope that you are among the individuals whose employer has taken it upon themselves to provide cost transparency in an effort to help save on healthcare costs.

We’ve decided that going forward, we will focus our efforts full-time towards employers and their employees and will close down the consumer face of our site…the one that you use with your medical bills… effective August 15, 2010.

If you’ve been an active user of MedBillManager and have manually keyed your personal health data in the system, please let us know.  We will be more than happy to retrieve this information from the database and return it to you. If you’ve developed a support group via change:healthcare, share email addresses, that will be phased out as well.

If you would like to continue using change:healthcare, you can do so through your employer. Have your Human Resources manager get in touch with us so we can talk about providing our tools and services to your company.

We sincerely have appreciated your use of change:healthcare. We want to do the best job we can helping people deal with the sometimes confusing and overwhelming healthcare system and we believe this path will help us do that.

Sincerely,
Christopher Parks
co-founder and CEO

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Christopher Parks, Co-founder & CEO of change:healthcare, lends his expertise in healthcare economics at the upcoming “Shaping A Greater Nashville” discussion on August 12, 2010. Other panelists include Doug Brandon, Managing Principal, Cassidy Turley; Rob McNeilly, President & CEO, SunTrust Bank; David Penn, Associate Professor – Economics, MTSU

August 12th
Hermitage Hotel!
Registration begins at 3:30 p.m. with coffee, snacks, and networking.
The discussion begins at 4:00. The event will end promptly at 5:00 p.m.

http://nashville.bizjournals.com/nashville/event/27811

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Factors Fueling Rising Health Care Costs

As premiums go up, it may be easy to blame the insurance carrier, but it’s important to consider the ways in which patients can influence price hikes. When policy-holders begin to draw more money from the carrier, the carrier must find a source of funding to pay for this increase in consumption, which often takes [...]

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Hope for “High-Risk” Patients

With the Obama administration’s proposed changes to healthcare, individuals with chronic or pre-existing conditions, or “high-risk patients,” will be able to find coverage by joining insurance pools of other high-risk patients. The policies are designed to keep deductibles and co-pays low, and to bring premiums to the standard rates for healthy adults in the area. [...]

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Denied Medical Claim … What To Do?

According to a recent article published in the New York Times (“For Denied Claims, a Bit of Help Under New Law”), patients may have more latitude in appealing to insurance companies when their medical claims are denied.

“The new health law makes the system somewhat more consumer-friendly. Starting this fall, patients [...]

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change:healthcare in The New York Times

Bringing Comparison Shopping to the Doctor’s Office
New York Times: Claire Cain Miller
Published: June 10, 2010
Download a PDF
SAN FRANCISCO — Americans comparison-shop for items as small as groceries and as big as cars. But they rarely compare prices on their health care. When a doctor recommends a test or a procedure, most patients simply go [...]

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Finding Folks for change:

Hiring at change:healthcare!

Right now at change:healthcare, we are looking to fill some key positions, and we really like referrals. That’s how we hired every member of our team and we’ve gotten fantastic results. We have a team of rockstars (some of them truly rockstars, right Michael?). Not only that, we’re pretty quick when it comes to hiring. [...]

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Seeking health care control

More firms see incentives, choices lowering costs
MEMPHIS BUSINESS JOURNAL – BY Christopher Sheffield
Caterpillar dealer Thompson Machinery is investing in an Internet-based system that will help employees make cost-effective health care choices, thus reducing their out-of-pocket expenses while helping the company’s bottom line.
It’s an additional investment Thompson officials say will pay off, and one facing many [...]

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Six Companies Pushing for Transparency in Health Care Pricing

Doctor and HelloHealth founder Jay Parkinson explains why we don’t know what it costs to take care of our bodies, and how that might change.
We know how much we’re going to pay for almost everything in America, except health care. We can scan a barcode at Barnes and Noble and see how much Amazon charges [...]

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Medical Cost Estimators Help Consumers Shop Around

With the recession and rising healthcare costs, many Americans are struggling to keep healthy.  By 2006, 19 percent of Americans spent more than 10 percent of their before-tax income on healthcare, according to a study published in last month’s Health Affairs. Fidelity Investments estimates that a U.S. couple retiring now will need approximately $250,000 to [...]

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