TPA Offers Clients Solution for More Cost-Effective Diagnostic Testing, Results in Average Savings of 60%
Appleton, WI (PRWEB) May 28, 2015 -- With the price of advanced diagnostic procedures like MRIs, CT scans and PET scans climbing as equipment becomes more sophisticated, Cypress Benefit Administrators has formed a collaboration that saves an average of 60% off test costs on behalf of its participating clients.
The Midwest-based third party administrator (TPA) has partnered with One Call Care Management to offer a program that pairs members with the most cost-effective solution for diagnostic testing while still maintaining the highest standards for quality imaging.
According to the latest data supplied, some of the clients who have opted to use the program through Cypress have saved as much as 80% off of billed charges for imaging procedures.
Tom Doney, president and CEO of Cypress, explained, “In terms of the early detection and diagnosis of many medical conditions these days, the more advanced imaging tests are crucial.” He added, “But the new technology often comes at a higher cost, and this has been a real obstacle for our members.”
The One Call Care Management program is structured to qualify select radiology providers and imaging centers across the nation to be part of its referral network based on certain requirements/credentials. It works with members to identify the testing locations that are most convenient to them, schedule the appropriate diagnostic procedures as needed and answer any pre-visit questions about what to expect during a scan.
“The benefits of more advanced diagnostics are plenty, including greater detail in scans, less invasive procedures and a reduced need for exploratory surgery,” Doney said. “We feel it’s important for our members to have access to the latest technology at a cost they can afford.”
A privately held company headquartered in Appleton, Wis., Cypress Benefit Administrators has been pioneering the way toward cost containment in self-funded health benefits since 2000. The third party administrator (TPA) is the country’s first to bring claims administration, consumer driven health plans and proven cost control measures together into one package for companies ranging from 50 employees to thousands of employees. It serves employer-clients across the U.S. with additional locations in Portland and Salem, Ore., Omaha, Neb. and Denver, Col. For more information on Cypress and its customized employee benefits, visit http://www.cypressbenefit.com.
Dave Willems, Willems Marketing & Events, +1 920.750.5013, [email protected]
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