Word: vivius
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
REINHARDT: But there are exciting products--UltraLink, Vivius--which people are using to build an electronic interface between employer and employee and also the provider. In the next 10 years, we'll have major breakthroughs there. I'm amazed it hasn't come earlier...
...responsibility--and risk--of employer health insurance to the rank and file. "We've taught people that when they put down a $10 bill and an HMO card, they're entitled to everything," says Lee Newcomer, a managed-care veteran and now chief medical officer at benefits start-up Vivius. "If you give consumers a system indifferent to price, they won't worry about the price...
Several start-ups, from Lumenos and Vivius to HealthMarket, HealthAllies and MyHealthBank, are busy making that argument to employers. Major California insurer Wellpoint recently rolled out its defined-contribution option to small businesses, half of which don't provide health insurance at all, and Aetna just launched its plan, dubbed HealthFund. Though only about 5% of U.S. businesses, including Medtronic, Novartis and Textron, are testing some sort of defined-contribution health plan, more than 20% think it's likely they will offer one in the next five years, according to the Kaiser Family Foundation...
...onerous restrictions of managed care--from pre-certifications and referrals to utilization review--are eliminated, the new plans hope to attract much bigger networks of physicians. Definity Health, for instance, has signed up renowned, choosy providers like the Mayo Clinic and Cleveland Clinic. Innovators such as HealthMarket, Definity and Vivius plan to let individual physicians set their own discounted rates rather than establish one flat, across-the-board price. The idea is that consumers, armed with a wealth of data on the Net, could then comparison shop...
...Vivius lets patients construct their personal provider networks with 22 specialists, from a primary-care physician to a cardiologist. HealthAllies provides a wide selection of discounted services not typically covered, from laser surgery and acupuncture to vision care and in-vitro fertilization. MyHealthBank, which has partnered with Regence Blue Cross/Blue Shield to focus on small employers in the Northwest, hopes eventually to offer consumers a debit card to have their visits to the doctor automatically paid out of their accounts. In such a competitive market, says Harvard Business School professor Regina Herzlinger, doctors will finally offer services that consumers really...
| 1 |