STAMFORD, Conn. (PRWEB) February 14, 2023
Upswing Health, the surgeon-founded musculoskeletal (MSK) healthcare innovator, today announced it has partnered with WLT Software Enterprises, a benefit plan management solution, to deliver care to patients with MSK conditions via a delivery model that can reduce costs by up to 40%. Upswing will be available to WLT’s network of more than 65 Third-Party Administrators (TPA) nationwide. Both companies regard this partnership as an opportunity to significantly impact and enhance the delivery of value-based care for MSK patients.
WLT Software is a leading national provider of benefits administration, claims processing, workers’ compensation, and consumer-driven healthcare. Upswing will be embedded in WLT’s technology infrastructure, creating a seamless path for TPAs to offer their clients and, most importantly members who need it most, access to Upswing.
“TPAs suddenly find themselves in a unique position of serving as the ‘source of truth’ for their employer clients, responsible for procuring specific health services," said Yenvy Truong, Upswing Health’s CEO. “Upswing has earned a reputation for our commitment to working with TPAs and their employers to reduce variation in cost and quality.”
One in three Americans experience an MSK condition each year at an annual estimated cost of $400 billion. For many employers and plan sponsors, MSK is the number one tier of healthcare spend. Most of these patients suffer from low-to-medium acuity problems that Upswing can potentially resolve with its virtual platform. Using a combination of coaches, sophisticated technology and orthopedic specialists, Upswing helps MSK patients resolve many of their conditions at home.
“WLT Software is excited to partner with Upswing Health to provide additional value to our clients with their unique services, lowering their Plan’s responsibility for costly claims and giving employers’ employees a unique way to receive healthcare from the comfort of their own homes,” said Shelley Van Etten, President and CEO at WLT Software Enterprises, Inc.
About Upswing Health:
Upswing Health is a healthcare company, founded by orthopedic surgeons, created to solve the waste and inefficiency of America’s multi-billion-dollar crisis in MSK care with a radical re-reinvention of the delivery system – for individuals and employers. The company replaces the current model, which forces the injured to struggle through more time-consuming and costly choices for their care. Upswing's digital platform replaces that broken system with a better way using a proprietary diagnostic tool that sends patients to a health coach first as the virtual front-door to MSK care. This is sufficient for as many as 80% of all cases; those who need more sophisticated care are rapidly triaged. Patients stay in Upswing's ecosystem for the entirety of their journey - from prevention to diagnosis and recovery. For more information on Upswing Health, please visit: http://www.UpswingHealth.com.
About WLT Software Enterprises:
WLT Software was founded in 1979 by William L. Tiner to establish advanced benefits administration and claims adjudication systems for Insurance Companies, Government Employee Plans, TPAs, Cost Containment Companies, and Self-Administered Groups while establishing itself as a leading provider in the insurance industry.
William L. Tiner’s design of our MediClaims system was born from the need of a local business looking to enhance the ability to administer employee benefits through the use of technology. As technology and the employee benefits industry evolved, so did WLT Software, by developing systems on multiple platforms to give their Clients the most cutting-edge solutions available on the market. WLT’s vision of being the clear choice for all benefit administration needs from large to small within a rapidly evolving marketplace has followed through to the 2nd generation, with Bill Tiner’s daughter, Shelley Van Etten.