“This partnership is another step along our product/services continuum to add value and partner with our employer groups by providing innovative funding arrangements,” said Brian Morrissey, senior vice president, marketing and CMO, CDPHP.
Albany, NY (PRWEB) November 01, 2011
CDPHP and TrendShift®, LLC today announced an agreement to provide the Data Directed Health & Risk Trend Advance Funding mechanism to employers, businesses, school districts, unions and municipalities to achieve immediate and long-term cost reduction for group medical plans.
This product and service provides large and small employers finance options to budget for three years of consistent health care premiums, which can help organizations stabilize unpredictable health care budgets.
“This partnership is another step along our product/services continuum to add value and partner with our employer groups by providing innovative funding arrangements,” said Brian Morrissey, senior vice president, marketing and chief marketing officer, CDPHP. “This service can help groups manage their health care expenses, stabilize their monthly cash flow, and assist with budget planning which is critical in this economy.”
TrendShift® Companies have performed professional analytics and cost reduction health care services for organizations such as United Auto Workers, several Blue Cross organizations, United Health Care, Health Net and over 500,000 businesses nationally.
“The partnership fits well within the mission of our ‘Americas Healthiest Companies’ initiative,” says Charles Felts, Managing Partner of TrendShift®, LLC. “Our company focuses on data directed health and risk trend management, and we share a common goal with CDPHP in terms of cost reduction in health care.”
About TrendShift®, LLC
TrendShift® is the industry leader in providing cost reduction, risk and cost trend solutions to Healthcare Plans nationally. The Data Directed Health & Risk Trend Management methodology acquires and integrates the data you can access with the data you need, to improve future outcomes. We provide robust solutions that enable clients to reduce their costs in unique and meaningful ways. The guarantee of "More People less Sick" is the vital component of our proprietary “TrendShift® Guarantee.”
TrendShift® has reviewed over a trillion dollars of claims data and identified hundreds of millions of dollars in errors and process improvements over the past 15 years. Through HealthData Resources LLC, the TrendShift® data resources company, we have evaluated the claims data of over 500,000 companies and 10 million employees nationally.
Headquartered in Las Vegas, Nevada with executive offices in California, New York and New Jersey, the TrendShift® Companies clients include, major unions, healthcare payers, large, and small employers and healthcare plans nationally. Visit TrendShift® at http://www.trendshift.com.
Established in 1984 as a physician-founded and guided health plan, CDPHP and its affiliates currently serve members in 24 counties throughout New York with a full family of products. Visit CDPHP at http://www.cdphp.com or on Facebook, Twitter, or LinkedIn.
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