Medical Neighborhoods

Yield better healthcare savings when healthcare is fundamentally better

Yield better healthcare savings when healthcare is fundamentally better 2160 1440 Vibrant

In the world of self-funded healthcare, it can feel like we’re all set up for failure when trying to get members (employees and their families) the right type of healthcare without taking away all the profit margins of the business.

However, what we have found in our process of building out medical neighborhoods is that when better healthcare is delivered (top quality providers), the cost savings can be huge through more accurate diagnosis, significantly fewer errors and better care is given.

Cut out the crap, cut the costs

“What do you call the person who finished last in medical class?  A Doctor”- Anonymous

Let’s face it – not all providers are created equal.  

With access to more intelligence on the performance and experience of providers than ever before, we can now build an exclusive and curated list of providers who are in the top percentiles of their practice.  While most average members don’t have access to this information, it is available to organizations such as Vibrant Medical who analyze detailed quality standards.  

We’re building out a carefully vetted list of providers that meet our meticulous standards, which avoid errors that notoriously drive up costs and create negative member experiences. 

Support, care and guidance is key.

In the good ole days of healthcare, we build a great level of trust and collaboration with our primary care provider. They were the person to lean on for insights, knowledge, referrals, etc.

We’re not in those days any longer. Primary care physicians are mostly tied to large hospital systems, where they’re incentivised to refer specialists within their own hospital system and either due to time constraints or legal liabilities, they no longer have the time to give the care that is needed and deserved, so we’re left to do a lot of the work on our own, and incredibly frustrated.

In the newer models of cash-driven medical neighborhoods, it’s different. Through the support, care and guidance, Care Directors are the first line of support and driven to help members get access to the top providers with the top level of care.

Cash is king

The little known secret in healthcare is that when a member pays cash, they can save big.  In the new model of healthcare, known as a cash-driven healthcare economy, companies leverage cash-payments up front to drive down unnecessary costs, with a focus on working only with top providers.

exceptional quality

cash-enabled neighborhood

The top three reasons to consider a “Medical Neighborhood” for better outcomes and increased savings

The top three reasons to consider a “Medical Neighborhood” for better outcomes and increased savings 2560 1743 Vibrant

The concept of a Medical neighborhood is not new. It’s been around and had different models over the years, but has lacked key elements to make it a successful experience for members and a cost-effective tool in the tool belt for employers to keep medical costs down.

Quality first, quality only

Many of us have become accustomed to dealing with healthcare in the traditional way and the process can be opaque and convoluted, making it a bit scary and confusing. The medical neighborhood is a smarter, more confident member experience.

Our approach at Vibrant is to have experts who advocate for members to reduce fear and confusion by helping them navigate their healthcare.

Outstanding member care and guidance

Many of us have become accustomed to dealing with healthcare in the traditional way and the process can be opaque and convoluted, making it a bit scary and confusing.  The medical neighborhood is a smarter, more confident member experience.

Our approach at Vibrant is to have experts who advocate for members to reduce fear and confusion by helping them navigate their healthcare. 

A system that supports a more direct “cash driven” model to drive savings

There are numerous approaches for medium and large employers to try to drive a better experience and more savings, but they often fall short in the execution of lower payment and utilization.

The key to a successful deployment of a truly effective cost-savings solution is to connect a purpose-built cash payment system that will make payment logistics simple and direct. Without a cash payment system that’s made for this approach, the execution falls short.

If you’re a self-funded employer, a benefits consultant, or a provider looking for smarter ways to grow your practice, then it’s time to take a look at the new model of medical neighborhoods.

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