Exchanging data is a huge - and growing - challenge for U.S. health insurers. A tangled web of new solutions and legacy systems creates data integration burdens that can stand in the way of effectively launching and administering health plans. The good news: payers and third-party administrators can simplify their approach by strategically choosing a data integration path.
Cédric Kovacs-Johnson, CEO & Founder of Flume Health, discusses how Flume enables payers to launch innovative health plans, integrating a variety of point solutions seamlessly. They aim to provide personalized benefits and address the gaps in the incumbent payer system, while emphasizing the importance of customer feedback and a clear product vision.
In episode sixty-three, we speak with Cedric Kovacs-Johnson the founder & CEO at Flume Health about modern health plan operations, how they help health plans quickly go from concept to launch, and his commitment to learning skills!
The ‘payvider’ model is best suited for health systems that want to double down on value-based care.The long-standing walls that once clearly separated the roles between health providers and payers are crumbling as innovation and current market conditions give way to what many are now calling the "payvider" model.
Consumers and employers have made it clear they want flexibility with health benefits. While health insurance options traditionally have been limited to a few packages each year, employers and their workers are flexing their power to demand more choices – and more value.
Richard Fu, a former Blue Cross Blue Shield executive, joins Flume to expand its footprint in commercial and other markets. Flume also strengthens its leadership team with the promotion of Casey Hancock to SVP, Engineering and Grant Parker to VP, Sales
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