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Pendulum offers an opportunity
for employers and members of coalitions to improve their ability
to predict care utilization and cost while improving quality of
care for their workforce.
How is this done
Pendulum accomplishes this through an in-depth analysis of claims
data; benefit and health services cost information for employees
in your specific community. This goes beyond standard claims payment
analysis. This analysis uncovers very specific trends for specific
hospitals, specific doctors, and specific pharmacy use so as to
get a clear picture of your panel of providers used by your employees
What makes this unique
Pendulum has access to claims data for insurers and health plans
in your region to determine benchmarks of actual performance. By
measuring variations and establishing best practices, patterns of
practice emerge that identify physicians and hospitals with the
best record of quality outcomes and the most reasonable cost.
These care and cost factors are measured on an outcome basis. In
other words Pendulum can assign a value to a specific network of
health services, which enables the purchaser or health plan to predict
costs in advance of service.
How is this different from what you're doing
now?
Most employee benefit contracts and insurance arrangements have
reported units of care and a price of units. The strategy being
to cut the volume of services used through preauthorizations and
benefit elimination or by increasing employee co-payments. The other
strategy has been to reduce the price through discounts and repricing
agreements with third parties or fee schedule limitations such as
maximum allowable fee schedules.
We learned 20 years ago in building community health plans and
instituting care management principles that when health plans opt
for discounts they see a surge in utilization and when they try
to limit utilization the price goes up. In addition, when insurers
separate the inpatient from the outpatient services it is impossible
to tell which doctors are doing the best job or which hospital has
the best services for a certain diagnosis. In short, old-fashioned
accounting approaches to medical economics do not work and in fact
can actually impede access to quality care.
Our Approach
Pendulum Health has been working with episodes of care and prospective
payment issues designed to predict care since the early 1990’s.
Our focus on developing contemporary medical management strategies
for both community based health plans and employer purchasers gives
us a broad knowledge of reimbursement issues, underwriting options,
provider contract negotiations, and general management experience
in creating, managing and monitoring multi-specialty panels of providers
as well as single specialty arrangements.
Some employers use our information for plan design changes, wellness
monitoring, network evaluation and find us particularly valuable
as mergers or consolidations occur and change the workforce utilization
pattern.
Our Experience
Pendulum Health represents a team of management executives, clinical
specialists, database analysts, biostatistics resource and support
staff. All of these individuals have 20 plus years in a variety
of settings and are senior leaders in their respective specialities.
Their specialties include claims and underwriting operations, credentialing
and benchmarking, actuarial science, and employer and physician
networking.
Our clients regularly comment upon the unusual insight and practical
recommendations made by our team.
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