REFERENCE BASED
PRICING

REFERENCE BASED PRICING

Take back control of healthcare costs with a proven payment model.

ELIMINATE HIGH-COST PROVIDERS AND SAVE

ELIMINATE HIGH-COST PROVIDERS AND SAVE

The cost of medical care often goes unchecked and there’s no consistency between doctors, hospitals, or procedures. Despite what we’ve been led to believe, there’s usually no correlation between cost and quality.

When pricing varies so greatly, it’s difficult to plan for future medical expenses. But what if there was a payment model that could deliver cost savings and more accurate pricing predictability?

That’s just what our reference based pricing plan offers.

We directly address a major issue that is driving up medical costs — a network’s financial arrangement with providers. Our reference based pricing plan exchanges a traditional provider network payment model for a financial arrangement that’s based on agreed-upon reimbursement rates like those used by Medicare.

The result? Better quality from a network of providers focused on high-value care delivery.

REINVEST IN YOUR BUSINESS

Our value based pricing plan isn’t complicated or risky. It’s an effective tactic used by self-insured employers who want to ensure the highest value care possible. When combined with care advocacy, it drives better quality and cost containment through a carefully curated network of providers.

With value based pricing, you’ll achieve:

  • As much as a 30% reduction in medical spending through more reasonable, negotiated rates.
  • Lower out-of-pocket medical costs for members.
  • Better cost predictability by eliminating price variation across doctors, hospitals, and procedures.
  • Substantially lower stop loss renewal rates.

  • Fewer balance billing issues than traditional networks.

LET’S CONNECT

Want to learn more about SentryHealth? Simply fill out this form to request a consultation and learn more about our solutions.

LET’S CONNECT

Want to learn more about SentryHealth? Simply fill out this form to request a consultation and learn more about our solutions.