HPM Institute Releases a New Report Highlighting the Charlie Palmer Group’s Ability to Identify Almost $1 Million in Undetected Healthcare Costs - SFGatehttp://www.sfgate.com/business/prweb/article/HPM-Institute-Releases-a-New-Report-Highlighting-3669947.php
The Healthcare Performance Management Institute today released a new success story, “The Charlie Palmer Group Discovers Almost $1 Million in Undetected Healthcare Costs, Laying Out a Proactive Strategy to Manage and Reduce,” that explores the Charlie Palmer Group's implementation of an HPM solution to help control the organization's increasing health plan costs and identify $900,000 in undetected future costs. The Healthcare Performance Management Institute (HPM Institute) is a research and education organization dedicated to promoting the use of business technology and management principles that deliver better and more cost-effective healthcare benefits for employers who cover their employees. The Institute’s mission is to introduce and develop a new corporate discipline called Healthcare Performance Management (HPM)—a technology-enabled business strategy that tackles the challenge of controlling healthcare cost and quality in much the same way that enterprises have optimized customer relations, supply chain management and enterprise resource management. Supported by its four key pillars—Measure, Manage, Engage and Automate—HPM provides organizations with visibility and control over their healthcare benefits spending trends and risk management postures, while protecting individual employee privacy.