ACHRM THE ASSOCIATION FOR CORPORATE HEALTH RISK MANAGEMENT

Size: px

Start display at page:

Download "ACHRM THE ASSOCIATION FOR CORPORATE HEALTH RISK MANAGEMENT"

Flora Melton
6 years ago
Views:

1 THE ASSOCIATION FOR CORPORATE HEALTH RISK MANAGEMENT

ACHRM The Association for ACHRM Workshop hosted by Cancer Treatment Centers of America. Attendees included ACHRM members and workshop panelists.

2 ACHRM The Association for ACHRM Workshop hosted by Cancer Treatment Centers of America. Attendees included ACHRM members and workshop panelists. The healthcare delivery model is changing rapidly and employers are becoming the new payers in the marketplace, replacing traditional health insurance carriers. However, these organizations are underprepared and are struggling to contain their healthcare costs. Continuously rising costs, increasing lifestyle-related diseases, and the lack of a free market for healthcare services creates the perfect storm for U.S.- based employers. These issues, combined with our country s new health law pushing employer healthcare costs even higher, has laid the foundation for the Association for Corporate Health Risk Management, more commonly known as ACHRM. ACHRM is a national membership-based organization composed of forward-thinking employers ranging in size from less than 100 to just over 30,000 employees, who are seeking innovative ways to contain 2 Collaboration BOSS 2015

3 Corporate Health Risk Management their healthcare costs. Founded in June 2012, ACHRM has grown to over 500 employers and expects to have ten chapters operating by year-end 2015 including Philadelphia, Baltimore, Northern VA-Washington D.C., Northern New Jersey, Chicago, Dallas, Connecticut, Wisconsin, and multiple locations in Florida. Over the next few years, ACHRM plans to have a national presence with chapters across the U.S. As a former CFO, I had found healthcare costs one of our company s largest and most difficult expense categories to manage, says Bill Lacy, ACHRM s CEO. I m not just talking about the obvious rising costs of health insurance, but all areas of health risk, including short- and longterm disability, worker compensation, pharmacy, absenteeism, presenteeism, and other challenging factors. While ACHRM s mission assisting employers with containing their healthcare costs does include the financial components of healthcare, it s not only about costs. ACHRM s solution development efforts include expanding employee healthcare, wellness, preventative measures, and expanded benefits packages. ACHRM s Secret Sauce Employer stories are one of the unique benefits of ACHRM, said Pamela Autrey, Director of Human Resources, Dallas Museum of Art. Employers want to learn from other employers. It s these stories that ACHRM members will remember. We like to collaborate, exchange ideas and learn from one another, but it s the stories, which we ll recall. Bringing progressive employers and forward thinking industry experts together provides ACHRM with the fuel to generate solutions to containing healthcare costs, said Lacy. We have found this collaboration becomes even more powerful when executives from across our multiple chapters are connected. For example, we connected a Pittsburgh area consortium of school districts with a similar organization in Phoenix. Both representatives admitted they would have never met if it weren t for ACHRM, UPCOMING ACHRM EVENTS September 21st Effective Employer Employee Health Management Strategies The Atlantic Club (Manasquan, NJ) September 15th Medical Travel 101 Webinar September 29th ACHRM s Orlando, FL Formation meeting October 8th CFO Roundtable Series, Philadelphia PA October 30th Transitioning from Fully Insured to Self Funded FirstMCO (Parsippany, NJ) November 6th Not-for-Profit / Foundation Winning Strategies Washington (Washington DC) November 18th League of Municipalities, Atlantic City, NJ November 20th Medical Fitness Association annual conference (New Orleans) 2015 Collaboration BOSS 3

4 and have already realized benefits sharing strategies. Four Factors Separating ACHRM from Others in the Industry First, ACHRM only allows one vendor per industry vertical, which controls the number of vendors at meetings. We interview many vendors, but we are seeking those that bring disruptive solutions to employers. We turn away many vendors, says Lacy. We actively engage our Sponsor Partners, continues Lacy, reflecting the vendor s active involvement. According to Mary Seery, National Director, Business Markets, national Sponsor Cancer Treatment ACHRM s Five Pillars Introducing price transparency and quality metrics for healthcare services Optimizing your organization s self-funded strategy Developing and sustaining your organization s employee health management strategy Educating and engaging your CFO and the financial community Offering professional certificates for employees managing health risks Centers of America (CTCA), our relationship is unlike that with any other association, which are more focused on the money vendor s contribute and less on the total value we bring. Second, ACHRM events are held at employer worksites giving employers a sense of comfort (i.e., no sales pitches); lower cost than traditional venues, such as country clubs, hotels, and conference centers; and the host an opportunity to promote its business. Third, ACHRM offers Strategic Initiatives, which include new methods or strategies, which are being incubated. ACHRM s current ten Strategic Initiatives range from Direct Contracting between Employers and Healthcare Providers to educating and engaging CFOs / Private Equity professionals. Our Strategic Initiatives are further captured in ACHRM s Glossary, which includes terminology, definitions, employer applications, and case studies. Fourth, we promote employer stories, case studies, and collaboration locally and nationally. Why ACHRM? ACHRM identifies employer challenges, and then finds employers across the U.S. that have implemented solutions to address these challenges. Our case study formula includes defining the employer s problem, the solution that was implemented, and the results generated. Employers learn from the stories: both the mistakes and successes. For example, a case study between Cancer Treatment Centers of America and the Teamsters Health & Welfare Fund has provided a template for employers considering domestic medical travel. Our objective is to have every employer takeaway at least one new strategy. However, we recognize that employer issues cannot be solved in a four-hour session and health 4 Collaboration BOSS 2015

June 2015 Workshop hosted by Center of Advanced Medical Learning (University of South Florida) in conjunction with Promed s Medical Travel and Global Healthcare Business Summit risk management issues

5 June 2015 Workshop hosted by Center of Advanced Medical Learning (University of South Florida) in conjunction with Promed s Medical Travel and Global Healthcare Business Summit risk management issues are dynamic. Another benefit of the Workshops is to identify next steps for working towards solving issues. Because ACHRM is growing rapidly and employers are increasingly demanding new strategies, ACHRM has begun to enhance its Workshop model with Webinar technology. The first session of this type was offered during a May 2015 program with positive results. In closing, ACHRM offers employers solutions and strategies through stories and collaboration, along with innovative methodologies, disruptive technologies, solutions, education, Workshops, webinars, Strategic Initiatives, white papers, and case studies. It s about bringing disruptive solutions to employers. Even after our short three-year history and assembling over 500 employers and eight chapters, ACHRM has just begun to scratch the surface, Bill Lacy reports. Powerful validations of the progress of ACHRM have been realized by invitations for us to present as content expert to thirdparty conferences across the US, strategic partnerships with other membership-based organizations, and the growing demand to launch new U.S. and international chapters. Five Key Healthcare Cost Containment Strategies for the CFO Understanding healthcare costs Unravelling the pharmacy/pbm mystery Direct contracting between an employer and healthcare providers, including local providers, domestic, and international medical travel Boosting employee health management Partnering with HR/engaging and educating employees 2015 Collaboration BOSS 5

6 230 Kings Highway East, Suite 340 Haddonfield, NJ Ph: POWERED BY

Educational Programming that Enhances Member Value

Educational Programming that Enhances Member Value Cindy Tiritilli, RIMS Senior Chapter Relations Manager Justin Dolce, RIMS Learning Program Manager May 29, 2014 Agenda Tips for Chapter Programming The