Page 3 - Erlanger Health System
P. 3
EXECUTIVE SUMMARY
Oftentimes, we ind the right answer is to Lockton is intimately familiar with the Vanderbilt
redirect site of care (steering domestically or to a Health Ailiated Network (VHAN), including
JV partner) which does not always reduce cost. the opportunities available to network members
However, it typically improves clinical outcomes, as well as the surrounding communities. Lockton
quality and allows our client to provide the care serves as the consultant for a joint venture
at a much lower internal cost versus paying a among the Tennessee Chamber of Commerce
competitor. Throughout this document, you will & Industry, Aetna, and VHAN, ofering a
notice customized examples of how Lockton will comprehensive health plan to Chamber members,
approach strategy for Erlanger, i.e., Erlanger data which is designed to steer participants to VHAN-
benchmarked against our hospital database. ailiated providers.
Due to our healthcare industry expertise, we were Finally, we will collaborate with the Erlanger
hired by Vizient to construct an employee beneit team to build out a multiyear employee beneits
ofering for its members. Today, this has grown strategic plan. Throughout that process, we can
into the largest stop-loss program in the country. model the inancial impact of various strategies
We also built programs for Vizient members for and bring ideas and best practices previously
life and disability coverages and have the nation’s vetted by similar clients.
leading independent pharmacy consulting irm
to control rapidly growing Rx costs and improve
overall transparency.
3 Lockton Companies
Oftentimes, we ind the right answer is to Lockton is intimately familiar with the Vanderbilt
redirect site of care (steering domestically or to a Health Ailiated Network (VHAN), including
JV partner) which does not always reduce cost. the opportunities available to network members
However, it typically improves clinical outcomes, as well as the surrounding communities. Lockton
quality and allows our client to provide the care serves as the consultant for a joint venture
at a much lower internal cost versus paying a among the Tennessee Chamber of Commerce
competitor. Throughout this document, you will & Industry, Aetna, and VHAN, ofering a
notice customized examples of how Lockton will comprehensive health plan to Chamber members,
approach strategy for Erlanger, i.e., Erlanger data which is designed to steer participants to VHAN-
benchmarked against our hospital database. ailiated providers.
Due to our healthcare industry expertise, we were Finally, we will collaborate with the Erlanger
hired by Vizient to construct an employee beneit team to build out a multiyear employee beneits
ofering for its members. Today, this has grown strategic plan. Throughout that process, we can
into the largest stop-loss program in the country. model the inancial impact of various strategies
We also built programs for Vizient members for and bring ideas and best practices previously
life and disability coverages and have the nation’s vetted by similar clients.
leading independent pharmacy consulting irm
to control rapidly growing Rx costs and improve
overall transparency.
3 Lockton Companies
