Company That Solved Health Care : How Serigraph Dramatically Reduced Skyrocketing Costs While Providing Better Care, and How Every Company Can Do the Same by John Torinus (2010, Hardcover)

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THE COMPANY THAT SOLVED HEALTH CARE: HOW SERIGRAPH DRAMATICALLY REDUCED SKYROCKETING COSTS WHILE PROVIDING BETTER CARE, AND HOW EVERY COMPANY CAN DO THE SAME By Jr. John Torinus - Hardcover **BRAND NEW**.

About this product

Product Identifiers

PublisherBenBella Books
ISBN-101935618199
ISBN-139781935618195
eBay Product ID (ePID)26068284557

Product Key Features

Number of Pages210 Pages
LanguageEnglish
Publication NameCompany That Solved Health Care : How Serigraph Dramatically Reduced Skyrocketing Costs While Providing Better Care, and How Every Company Can Do the Same
SubjectInsurance / Health, Practice Management & Reimbursement
Publication Year2010
TypeTextbook
Subject AreaBusiness & Economics, Medical
AuthorJohn Torinus
FormatHardcover

Dimensions

Item Weight14.1 Oz
Item Length9 in
Item Width6 in

Additional Product Features

Intended AudienceTrade
LCCN2010-041431
TitleLeadingThe
Dewey Edition23
IllustratedYes
Dewey Decimal658.3254
SynopsisIn 2003, Serigraph's annual health care bill was its third largest expense and growing at a rate of 15% a year. Health care cost escalations were in danger of bankrupting their company. In order to significantly lower costs, company leaders knew they needed to take a radical approach. Serigraph focused its strategies on three areas--consumer responsibility, primary care, and centers of value. In concert with other management methods, these tactics slashed costs while improving the quality of employee care. Instead of double-digit inflation of its health care costs, the company's average increase dropped to 2.8%, far below the national average. Serigraph's cost per employee actually dropped! The Company That Solved Health Care offers effective, cost-cutting solutions to today's business leaders. Learn about and apply some of these proven strategies at your company. Discover how you can: Adopt a consumer-driven plan so employees take ownership of their health care Take advantage of lean disciplines in your company's health care plans Put the emphasis on primary care to keep people well and out of expensive hospitals Fight for transparency in prices Guide employees though the pricing maze and lead them to centers of value Use "medical tourism" for your benefit Champion consumer protection laws to remedy medical overbilling, Even with new health-care policies, one thing is clear: health-care costs will continue to rise dramatically. While individuals may get better coverage, businesses will have the same problem they've had for the last four decades. Health care, one of corporate America's largest expenses, is growing at double-digit rates, and nothing done in Washington will change that. But one medium-size company set out to tame the beast of rising health-care costs, employing best practices and cutting-edge ideas. The results have caused others to sit up and take notice. Serigraph, Inc., a Wisconsin-based manufacturer of decorative parts, and its chairman, John Torinus, did what Washington can't or won't do: reduce cost increases to less than 2 percent while improving the quality of health care for its employees. The implications for corporate America are staggering--the opportunity for genuine reform in an expense category that has been spiraling out of control. Serigraph began its initiative to control health-care costs in 2003, when its annual health-care bill was $5 million and another $750,000 was needed for the projected 15 percent annual increase. The company employed three strategies for reform, each of which can cut the health-care bill by 20 percent to 40 percent--consumer responsibility, the primacy of primary over specialty care and centers of value. Applied in concert with other management methods, these three approaches almost eliminated growth in health-care costs while improving the quality of employee care. The results are documented. They are beyond refute. The Company That Solved Health Care describes the fascinating details of Serigraph's program, and shows how any company can achieve similar results. This book is essential reading for any manager responsible for his or her company's health-care expenses, any academic or thinker involved in the health-care debate and anyone who wants to better understand why health-care costs have been rising and what can be done to achieve price stability while improving patient care., Whether or not healthcare legislation passes, one thing is clear: healthcare costs will continue to rise dramatically. While individuals may get better coverage, businesses will have the same problem they've had for the last four decades. Healthcare, one of corporate America's largest expenses, is growing at double-digit rates, and nothing proposed in Washington will change that. But one medium-size company set out to tame the beast of rising healthcare costs, employing best practices and cutting-edge ideas. The results have caused others to sit up and take notice. Serigraph, Inc., a Wisconsin-based manufacturer of decorative parts, and its chairman, John Torinus, did what Washington can't or won't do: reduce cost increases to less than 2 percent while improving the quality of healthcare for its employees. The implications for corporate America are staggering--the opportunity for genuine reform in an expense category that has been spiraling out of control. Serigraph began its initiative to control healthcare costs in 2003, when its annual healthcare bill was $5 million and another $750,000 was needed for the projected 15 percent annual increase. The company employed three strategies for reform, each of which can cut the healthcare bill by 20 percent to 40 percent--consumer responsibility, the primacy of primary over specialty care and centers of value. Applied in concert with other management methods, these three approaches almost eliminated growth in healthcare costs while improving the quality of employee care. The results are documented. They are beyond refute. The Company That Solved Healthcare describes the fascinating details of Serigraph's program, and shows how any company can achieve similar results. This book is essential reading for any manager responsible for his or her company's healthcare expenses, any academic or thinker involved in the healthcare debate and anyone who wants to better understand why healthcare costs have been rising and what can be done to achieve price stability while improving patient care., Even with new health-care policies, one thing is clear: health-care costs will continue to rise dramatically. While individuals may get better coverage, businesses will have the same problem they've had for the last four decades. Health care, one of corporate America's largest expenses, is growing at double-digit rates, and nothing done in Washington will change that. But one medium-size company set out to tame the beast of rising health-care costs, employing best practices and cutting-edge ideas. The results have caused others to sit up and take notice. Serigraph, Inc., a Wisconsin-based manufacturer of decorative parts, and its chairman, John Torinus, did what Washington can't or won't do: reduce cost increases to less than 2 percent while improving the quality of health care for its employees. The implications for corporate America are staggering--theopportunity for genuine reform in an expense category that has been spiraling out of control. Serigraph began its initiative to control health-care costs in 2003, when its annual health-care bill was $5 million and another $750,000 was needed for the projected 15 percent annual increase. The company employed three strategies for reform, each of which can cut the health-care bill by 20 percent to 40 percent--consumer responsibility, the primacy of primary over specialty care and centers of value. Applied in concert with other management methods, these three approaches almost eliminated growth in health-care costs while improving the quality of employee care. The results are documented. They are beyond refute. The Company That Solved Health Care describes the fascinating details of Serigraph's program, and shows how any company can achieve similar results. This book is essential reading for any manager responsible for his or her company's health-care expenses, any academic or thinker involved in the health-care debate and anyone who wants to better understand why health-care costs have been rising and what can be done to achieve price stability while improving patient care.
LC Classification NumberRA395.A3T666 2010

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