Health Innovations for Large Employers | CBIZ

Health Innovations for Large Employers | CBIZ Employee Benefits

CBIZ Health Innovations Practice leverages the combined power of multidisciplinary expertise and robust data analytics to help large employers gain control of spiraling health plan costs, make informed decisions and avoid wasteful spending.

A Unified Team of Experts 

Dedicated to Serving Large Employers’ Benefits Needs

The Health Innovations Practice brings together CBIZ subject matter experts to create a multidisciplinary, unified team inclusive of pharmacy, clinical, wellbeing and actuarial consultants.

  • Pharmacy Consulting: Access strategic pharmacy consulting services intended to help you cut costs, enhance plan design and more.
  • Clinical Consulting: Our clinical consulting team offers informed guidance at every step of the onsite and near-site clinic implementation process.
  • Wellbeing Solutions: Create a thriving workplace culture with holistic wellbeing and engagement strategies aligned with your organization’s values and priorities.
  • Actuarial Services: Through the application of financial and mathematical models, our actuarial experts can help you optimize risk alternatives and identify key cost drivers.

In addition to these specialists, our in-house teams include world-class subject matter experts in the areas of health transformation, delivery systems transformation, time away and life solutions, audits, legal and compliance, and data forensics and intelligence.

Together, our specialists and subject matter experts are responsible for identifying, vetting, creating, scaling, and applying inventive strategies to positively impact the supply side of health care for CBIZ clients, which ultimately drive down costs by improving health outcomes and employee experiences.

Our Innovative Approach to Health Care Strategy

CBIZ adheres to a process that focuses on three steps in the strategic cycle: identify, act and measure.   

Step 1: Identify

Through robust data insights, our Health Innovations team identifies health care cost drivers and employee engagement opportunities, isolates areas of fraud, waste and abuse, and utilizes cost and medical quality performance to curate industry-leading strategies. In addition to claims data, our ability to benchmark quantitative aspects of health plan financing, such as contribution models and specific categorical health plan spend, is supported by our industry-focused, operationally diverse client base.  

We interpret big data and analyze competitive intelligence to create custom reports and uncover meaningful insights that enable our team to develop actionable strategies tailored to the needs of your organization and your employees. 

Step 2: Act

After we've properly interpreted and evaluated claims and benchmarking data, our experts evaluate all possible means to define a multi-year strategy that meets your objectives while also improving cost, quality of care and employee experience. Our extensive experience in population health and epidemiology paired with our distinct expertise in pharmacy, wellbeing and actuarial consulting positions our team to curate strategies that are inclusive of:

  • Network analysis
  • Funding mechanisms
  • Reference-based pricing
  • Direct contracting
  • Higher performance networks
  • Centers of excellence
  • Pharmacy coalitions
  • Rx advocacy
  • Condition-specific strategies
  • Worksite clinics & direct primary care

 

Step 3: Measure

Once a strategy is deployed, we reaffirm the effectiveness of that strategy by measuring the results of each individual component via our data insights. Are key benchmarks being met? Is the client paying less for health care? Are employees going to the best quality hospitals for care? Are clinical compliance rates improving for members with costly chronic diseases? Are the selected vendors effective? 

This cyclical process of identify, act and measure allows our team to properly develop and validate that our insights and recommendations have a definitive impact on your organization’s ability to offer competitive, cost-effective benefits.


Total Industry Coverage

  • Manufacturing
  • Energy
  • Construction
  • Engineering
  • Restaurant & retail
  • Transportation
  • Hospitality
  • Higher education
  • Charter schools
  • Financial sponsors
  • Skilled nursing
  • Home healthcare
  • Assisted living & hospice

What Sets CBIZ Health Innovations Apart?

Through service to hundreds of large employer clients with generationally and geographically diverse employees, CBIZ provides a comprehensive understanding of how changing medical marketplace offerings can accommodate the unique needs of your organization.