PROVIDER COST & QUALITY TRANSPARENCY

Simplifying the Search for the Best Provider Options

Without the proper tools, employees may not be aware of their options when choosing a provider or do the necessary homework to select the best one. Why is this such a problem? Medical procedures can vary by 500% or more in cost, even when they are offered through the same network. This lack of cost transparency can lead to some out-of-control care expenses for a company’s health plan!

 

To avoid this issue, Cypress offers a program that assists employees in the decision-making process by conveniently connecting them with details on health care providers across the country.

 

PROGRAM OFFERINGS

 

Cost Transparency

  • Gives employees a cost comparison by medical service, and helps them understand a reasonable price for each
  • Cost information by location (near and far) encourages employees to shop around for the best provider
  • Up to 12% savings by company on total medical spend

 

Quality Transparency

  • Provides ratings specific to procedures instead of limited information on overall hospital performance
  • Includes top-performing facilities on both a local and national level

 

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