Sherlock Company Announces Web Conference concerning Scale, Growth and Cost Management Strategy for Health Plans
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The presentation is based on static and dynamic views of health plans. The metrics themselves are drawn from 34 Independent / Provider - Sponsored and
In this presentation, we discuss short-term operating leverage in costs and staffing, economies of scale at a point in time, the relationship between staffing ratios and compensation and the effects of outsourcing.
Additional details will be found in PULSE, to be published later next week. Detailed summaries of the values that populate the analyses are found in the Sherlock Benchmarks themselves.
The web conference will take place on
Planning under the uncertainty in the current health insurance market entails strategies that are applicable under any scenario. Cost optimization has been called a "no-regret move" for this reason. After all, superior performance should translate into growth in market share or earnings under any environmental outcome, since optimal costs can be deployed to achieve low prices or superior quality. The Sherlock Benchmarks are a tool to inform this "no-regret move."
This is the 21th consecutive year of the Sherlock Benchmarks. With cumulative experience of 800 health plan years, they are "the gold standard" of benchmarks used to measure and manage health plan administrative activities.
Keywords for this news article include: Business, Managed Care,
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