Tag Archives: technology

Achieve breakthrough cost savings: Five first steps

By:  Zahoor Elahi, Senior Vice President, Strategic Product Management, Optum This is the final blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” Once you’ve considered how comprehensive sourcing can maximize cost savings beyond traditional models, what do you do next? It’s time to make a five-point readiness plan based on […]
Read More »

Gaining traction: How to discuss comprehensive sourcing with stakeholders

By:  Brian Murray, Senior Vice President, Optum This is the 7th blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” You may see the benefits of comprehensive sourcing, but what will it take to gain traction for the approach internally? Here is what payers tell us they want, and these insights […]
Read More »

Barriers to best-in-class: The case for articulating your full value

By:  Michael Wentzien, Vice President, Optum Advisory Services and Robert Adams, Vice President, Optum Advisory Services This is the 6th blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” Ever feel like the cost calculators many purchasers use aren’t capturing the full value you deliver? That’s the situation many payers face […]
Read More »

Reducing Total Cost of Ownership: Business intelligence is the differentiator

By:  Donna Holmes, Senior Vice President, Optum Advisory Services This is the 5th blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” Reducing total cost of ownership requires a keen understanding of the health plan’s cost structure and the ability to identify the value drivers that can be improved. Are you […]
Read More »

Beyond BPO: The next evolution to yield greater cost savings

By:  Liz Farrell, Director, Strategic Product Management, Optum and Belur Manjappa Chittaranjan, Vice President, Strategic Product Management, Optum This is the 4th blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” Business Process Outsourcing (BPO) is a recognized approach to reduce costs. Across industries, organizations have seen the value of having […]
Read More »

Enabling success: The importance of IT infrastructure

By: Zahoor Elahi, Senior Vice President, Strategic Product Management, Optum This is the 3rd blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” What are payer stakeholders focusing on to achieve significant cost savings? The Everest research identified several imperatives, which likely resonate with your executive leadership team: Focus on cost […]
Read More »

Beyond the back office: Why medical cost is so often overlooked

By: Eric Peterson, Vice President of Health Care Operations Marketing, Optum This is the 2nd blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” When you think of effective sourcing, likely the focus is reducing administrative costs. From claims administration to customer service to IT support, specific cost reduction efforts have […]
Read More »

A case for thinking big: Driving breakthrough cost savings

By: John Reynolds, Senior Vice President, Optum This is the 1st blog of our eight part series “Bending the Cost Curve with Comprehensive Sourcing.” As a payer seeking sustainable growth, you need to lower your total costs to fund your future. But here’s a simple, if uncomfortable truth: You likely need to think bigger, broader […]
Read More »

Identify six focus areas to manage business model changes

Providers can better manage enterprise-wide care transitions by addressing six key focus areas. As provider organizations map their strategy for transitioning into a value-based care organization, they may find they need to redefine their whole business model. It’s a big undertaking. Providers can make it more manageable by breaking the work into six categories. Physician […]
Read More »

Preparing your business for technology change: Nine essential readiness activities

In last week’s blog, we discussed the benefits and risks associated with major technology change. This week we offer perspective on the nine essential readiness activities that will help you prepare for major technology change. It’s important to realize that these nine activities: Do not need to be performed in order Are mutually exclusive Can […]
Read More »