Stay up to date on all the latest news coming out of MyMedicalShopper, including big new partnerships, product launches, and other major corporate developments.

MyMedicalShopper’s Comparison Shopping Platform Receives Independent Program Validation from the Validation Institute

Platform Determined to Produce Measurable ROI and Significant Healthcare Cost Savings

Portsmouth, NH – August 28, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, the leading provider of healthcare price transparency solutions, announced that its MyMedicalShopper™ Mobile Price Transparency solution, has been validated by the Validation Institute, an independent, objective, 3rd party organization focused on changing health care.

MyMedicalShopper is a comprehensive platform sold to employer groups that is designed to drive down the cost of healthcare while improving employee benefits. With MyMedicalShopper, employees previously unaware of the wild variations in prices for medical procedures and testing can choose care based on price, quality, and convenience with unprecedented access to the previously secretive prices negotiated between insurance carriers and providers. The company’s analysts estimate that roughly 41% of an employer’s annual healthcare spending could be saved if employees shop for their care and selected lower-cost high-quality providers.

“It’s an honor to receive this validation for MyMedicalShopper from the Validation Institute. Their independent verification of our customer’s claims gives prospective insurance brokers and employers confidence in MyMedicalShopper’s ability to generate healthcare claims savings, and further enhances our credibility in the market,” says MyMedicalShopper co-founder and CEO, Mark Galvin.

 “The Validation Institute only validates high-quality programs that deliver proven results that reduce healthcare spending. MyMedicalShopper was found to have a credible impact on healthcare costs and delivers on its claims,” says RD Whitney, CEO of Validation Institute.

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. The platform integrates with over 100 health plan member portals providing real-time deductible tracking, in- and out-of-network facility information, and other personalized plan details to help employees manage out-of-pocket expenses and plan for future procedures.  

MyMedicalShopper empowers employers and their employees to take control of their healthcare costs on over 10,000 medical tests and procedures by making it easy to shop for low-cost, high-quality medical care. 

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to build technology, products, and services to drive meaningful savings from the cost of healthcare in the United States. The company was founded on the belief that fixing the broken healthcare marketplace required focus on the alignment of financial incentives, medical price transparency, and the reduction of administrative overhead. The company empowers employers and their employees with the ability to choose care based on price, quality, and convenience with unprecedented access to the previously secretive prices negotiated between insurance carriers and providers. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the United States. MyMedicalShopper aims to help transform the healthcare industry into a fair market for consumers.

To learn more or schedule a demonstration visit: https://mmsanalytics.com/about-us/contact-us/request-a-demo/.  

About Validation Institute. (www.validationinstitute.com)

Validation Institute is an independent, objective, 3rd party organization on a mission to improve the quality and cost of healthcare. Based in Portsmouth, N.H., the organization is made up of a network of health benefits purchasers, health benefits advisors, and healthcare solution providers focused on delivering better health value and stronger outcomes than conventional healthcare.

Contacts:
MyMedicalShopper

Mark Galvin

603-610-8100

mark@mymedicalshopper.com

NueSynergy Partners with MyMedicalShopper to Bring Innovative Cost-Saving Tools to its Clients

MyMedicalShopper’s healthcare price transparency and cost savings tools will integrate with NueSynergy’s platform to help employers reduce healthcare costs

Portsmouth, NH and Leawood, KS – July 9, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, and NueSynergy, an industry leader in consumer-directed healthcare solutions and employee benefits administration based in Kansas, are partnering to give consumers more choice and control with respect to their healthcare spending. Today the companies announced the partnership, making MyMedicalShopper’s advanced healthcare price transparency software and cost-saving employer tools available to NueSynergy’s clients.

NueSynergy can now offer MyMedicalShopper’s suite of products, which bring cutting-edge price transparency technology, robust claims analytics, and streamlined administration to employers and their employees. MyMedicalShopperTM, MyMedicalRewardsTM, and their powerful MyMedicalMetricsTM employer analytics package are now available to NueSynergy’s entire client base and can be integrated with their administrative platform and member portals for consumer-directed health accounts.

“We are excited to be partnering with NueSynergy to bring integrated solutions to their clients to help them take control their healthcare costs,” says MyMedicalShopper co-founder and CEO, Mark Galvin. “We look for partners who work hard to find innovative solutions for their customers’ biggest issues. By collaborating with creative third-party administrators (TPAs) like NueSynergy, we can empower consumers to reverse the trend of rising healthcare costs for businesses and their employees alike.”

For NueSynergy, this new offering is a significant step towards an improved health benefits environment for their pre-tax flexible benefit clients and a complete service offering for those clients with consumer-driven health plans (CDHP).

“We pride ourselves on taking a customer-focused, technology-driven approach for each client’s needs and bringing them customized solutions to help them control costs and reach their goals,” says Josh Collins, President of NueSynergy. “As a full-service TPA, we’re constantly looking for consumer-friendly tools to help clients make more value-driven healthcare decisions. We’re excited to combine our top-notch consumer-directed health accounts with the MyMedicalShopper solution for our benefit consulting partners and our clients.”

About MyMedicalShopper

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employers. With MyMedicalShopper employers can take control of their

healthcare costs and empower their employees with a tool that makes shopping for high- quality medical care as easy as a Google search. MyMedicalShopper is available through benefit brokers, consultants, and third-party administrators (TPA’s) serving both the fully insured and self-funded employer markets.

About MMS Analytics, Inc. (www.MyMedicalShopper.com)
MMS Analytics, Inc. dba MyMedicalShopperTM is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

About NueSynergy (www.NueSynergy.com)
Since 1996, NueSynergy has been an innovative leader in providing full-service administration of consumer-driven and traditional account-based plans. NueSynergy has grown into one of the largest benefit account administrators providing Health Savings Accounts (HSA), Flexible Spending Accounts (FSA) and Health Reimbursement Arrangements (HRA); in addition
to COBRA, Direct Premiums Billing and Combined Billing services to employers of all sizes
and sectors, including state and local governments, as well as privately and publicly traded companies.

Contacts:
MyMedicalShopper

Mark Galvin

603-610-8100

mark@mymedicalshopper.com

NueSynergy

Josh Collins

913-653-8381

jcollins@nuesynergy.com

David K. Young Consulting, LLC Partners with MyMedicalShopper to Empower its Clients to Reduce their Healthcare Spending

Trusted Benefit Consultant and Administrator Now Offers MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools

Portsmouth, NH and San Antonio, TX – June 18, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, and David K. Young Consulting, LLC. (DKYC), an industry leader in consumer-directed healthcare solutions and employee benefits administration based in Texas, are partnering to give consumers more choice and control with respect to their healthcare spending. Today the companies announced the partnership, making MyMedicalShopper’s advanced healthcare price transparency software and cost-saving employer tools available to DKYC’s clients.

David K. Young can now deliver MyMedicalShopper’s suite of products, which bring cutting-edge price transparency technology, robust claims analytics, and streamlined administration to employers and their employees. MyMedicalShopper™, MyMedicalRewards™, and their powerful MyMedicalMetrics™ employer analytics package are now available to DKYC’s entire client base nationwide. In addition, the MyMedicalShopper suite will be tightly integrated with DKYC’s administrative platform and member portals for consumer-directed health accounts.

“We are excited to be partnering with David K. Young to bring integrated solutions to their clients to help them control their healthcare costs,” says MyMedicalShopper co-founder and CEO, Mark Galvin. “By partnering with creative third-party administrators (TPAs) like David K. Young, we can empower consumers to collectively reverse the trend of rising healthcare costs for businesses and their employees alike.”

For DKYC, this integrated new offering is a significant step towards an improved health benefits environment for their pre-tax flexible benefit clients and a complete service offering for those clients with consumer-driven health plans (CDHP).

“We pride ourselves on offering the very best healthcare solutions for our clients to help them control costs and reach their goals,” says David K. Young, Principal & Founder of David K. Young Consulting. “As a full-service TPA we’re constantly looking for new tools and solutions to help clients make more informed, affordable healthcare decisions. We’re excited to be able to combine our top-notch consumer-directed health accounts with the MyMedicalShopper solution for our benefit consulting partners and our clients.”

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employer.

About MyMedicalShopper

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

About David K. Young Consulting, LLC. (www.dkyoung.com)

Since 1992, David K. Young Consulting, LLC (DKYC) has been providing outsourced benefit consulting and administration to its clients. DKYC is a Texas based, nationally recognized retirement and benefits consulting firm providing third-party administration and consulting services for Defined Contribution and Defined Benefit Plans, Section 125/Cafeteria Plan, COBRA/HIPAA, Common Remittance and Consumer Directed Reimbursement Accounts. 

DKY provides the very best employee benefit program design, application and compliance services for the unique needs of their clients. We consistently set the standard for cutting edge, effective employee benefit program design, application and compliance services throughout the nation. 

Contacts:

MyMedicalShopper

Mark Galvin

603-610-8100

mark@mymedicalshopper.com

David K. Young Consulting, LLC

David K. Young

210-558-0999

david@dkyoung.com

NFP’s Utah Office Partners with MyMedicalShopper to Empower Its Clients to Reduce Healthcare Costs

Employee Benefits Consultant Now Offers MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools to Control Healthcare Spending for Their Clients

Portsmouth, NH and Lehi, UT – June 11, 2019 – MMS Analytics, doing business as MyMedicalShopper, will partner with NFP, a leading insurance broker and consultant, through NFP’s Utah office. The partnership between NFP and this leading provider of health care transparency solutions will give consumers more choice and control with respect to their health care spending. Today the companies announced the partnership, making MyMedicalShopper’s advanced health care price transparency software and cost-saving employer tools available to NFP clients in Utah.

NFP’s Utah office can now deliver MyMedicalShopper’s entire suite of products, bringing cutting-edge price transparency technology, patent-pending rewards programs, and robust claims analytics to employers and their employees. MyMedicalShopper, MyMedicalRewards, and their powerful MyMedicalMetrics employer analytics package are now available to NFP’s Utah client base.

“NFP demonstrates all of the most important qualities that we look for in a partner,” says MyMedicalShopper co-founder and CEO, Mark Galvin. “We are particularly impressed with NFP’s commitment to thinking outside the box to find creative and cost-effective benefits solutions to problems employers are facing. We’re excited to be teaming up with the NFP team in Utah in pursuit of our shared goal to reverse the trend of rising health care costs for individuals and businesses alike.”

As one of the largest benefits broker in Utah, and with offices across the United States, NFP expects this new offering to significantly improve their clients’ ability to offer improved health benefits to their employees.

“Our team has consistently sought out, vetted and invested in technology to increase the value of our employee benefit offerings,” said David Jackson, managing director, Corporate Services in NFP’s West region. “We take a strategic approach to help each client proactively align their benefits program with their long-term business mission, always aiming to contain costs without sacrificing the value of benefits to employees. We’re very excited to be able to incorporate MyMedicalShopper into our expert solutions for employee benefits and health plan design.”

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of health care while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic, patent-pending rewards programs and robust analytics packages for employers.

About MyMedicalShopper

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

About NFP (https://www.nfp.com)

NFP is a leading insurance broker and consultant providing customized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,100 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest US-based privately owned broker, 6th largest benefits broker by global revenue and 7th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

Contacts:

MyMedicalShopper

Mark Galvin

603-610-8100

mark@mymedicalshopper.com

NFP – Utah Office

Kirk Benson

385-352-9401

kirk.benson@nfp.com

Advanced Benefit Strategies, Inc. Partners with MyMedicalShopper to Empower its Clients to Reduce their Healthcare Spending

Trusted Pre-Tax Employee Benefits Administrator Now Offers MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools

Portsmouth, NH and Unionville, CT – May 7, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, and Advanced Benefit Strategies, Inc. (ABS), an industry leader in pre-tax employee benefits administration based in Connecticut, are partnering to give consumers more choice and control with respect to their healthcare spending. Today the companies announced the partnership, making MyMedicalShopper’s advanced healthcare price transparency software and cost-saving employer tools available to Advanced Benefit Strategies clients.

ABS can now deliver MyMedicalShopper’s suite of products, which bring cutting-edge price transparency technology, robust claims analytics, and streamlined administration to employers and their employees. MyMedicalShopper™, MyMedicalRewards™, and their powerful MyMedicalMetrics™ employer analytics package are now available to ABS’s entire client base. In addition, with ClaimsFlow™, the MyMedicalShopper suite will be tightly integrated with ABS’s administrative platform for those clients who leverage their benefit administration services.

“We are excited to be partnering with Advanced Benefit Strategies to bring integrated solutions to their clients to help them control their healthcare costs,” says MyMedicalShopper co-founder and CEO, Mark Galvin. “We look for partners who work hard to find creative solutions to address their customers’ pain points. By partnering with progressive benefit advisors and administrators, we can collectively reverse the trend of rising healthcare costs for businesses and their employees alike.”

For ABS, this integrated new offering is a significant step towards an improved health benefits environment for their pre-tax flexible benefit clients and a complete service offering for those clients with consumer-driven health plans (CDHP).

“We are always trying to look at employee benefits from our clients’ perspective,” says Steve Repka, President of Advanced Benefit Services. “We have been administering pre-tax employee benefits for more than 25 years, and we’ve seen first-hand how the healthcare landscape has changed. Today’s consumers need better information and tools to help them reduce healthcare costs. We’re excited to be pairing our consumer-directed health accounts with the MyMedicalShopper solution for our clients and their employees.”

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employers.

About MyMedicalShopper

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

ClaimsFlow automates much of the administrative burden and error-prone human processes involved in adjudicating employee reimbursements for CDH accounts. Participants can leverage connections to more than 100 insurance carrier and health plan member portals to facilitate rapid adjudication of claim reimbursements and automatic substantiation of debit card transactions.

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

About Advanced Benefit Strategies, Inc (www.abs125.com)

Since 1993, Advanced Benefit Strategies (ABS) has been an industry leader in Section 125 Flexible Spending Account administration, Cafeteria Plans, Transit & Commuter Tax Benefits, Section 105 Health Reimbursement Arrangements, and COBRA administration.  Located in Unionville, CT, Advanced Benefit Strategies (ABS), is a third-party administrator of pre-tax employee benefits focused on delivering hassle-free, Section 125 cafeteria, flexible benefit administration for over 700 employers across the country and 14,000+ plan participants. Every year, businesses, associations, municipalities, and non-profits look to ABS for impartial, confidential pre-tax, flexible benefit plan administration services. Give your employees a raise and your company a tax break, with a no-hassle Flex Plan from ABS.

Contacts:

MyMedicalShopper

Mark Galvin

(603) 610-8100

mark@mymedicalshopper.com

Advanced Benefit Strategies

Stephen J. Repka, II
(860) 675-2261

steverepka@abs125.com  

Baystate Benefit Services Partners with MyMedicalShopper to Empower its Clients to Reduce their Healthcare Spending

Trusted Employee Benefits Consultant and Administrator Now Offers MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools

Portsmouth, NH and Braintree, MA – April 17, 2019 – MMS Analytics, Inc. dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, and Baystate Benefit Services, an employee benefits consulting firm and third-party administrator based in Massachusetts, are partnering to give consumers more choice and control with respect to their healthcare spending. Today the companies announced the partnership, making MyMedicalShopper’s advanced healthcare price transparency software and cost-saving employer tools available to Baystate clients.

Baystate can now deliver MyMedicalShopper’s suite of products, which bring cutting-edge price transparency technology, robust claims analytics, and streamlined administration to employers and their employees. MyMedicalShopper™, MyMedicalRewards™, and their powerful MyMedicalMetrics™ employer analytics package are now available to Baystate’s entire client base. In addition, the MyMedicalShopper suite will be tightly integrated with Baystate’s administrative platform for those clients who leverage Baystate’s administrative services for consumer-directed health accounts.

“We are excited to be partnering with Baystate Benefit Services to bring integrated solutions to their clients to help them control their healthcare costs,” says MyMedicalShopper co-founder and CEO, Mark Galvin. “We look for partners who work hard to find creative solutions to address their customers’ pain points. By partnering with progressive benefits advisors and administrators, we can collectively reverse the trend of rising healthcare costs for businesses and their employees alike.”

For Baystate, an employee benefits consulting firm that offers a broad range of administrative solutions to employers, this new offering is a significant step towards an improved health benefits environment for its clients.

“We are constantly looking at the employee benefits landscape through our clients’ eyes,” says Chad DiBonaventura, Managing Director of Baystate Benefit Services. “It has become obvious that one of the biggest pain points that our customers face is rising health insurance costs and a total lack of medical price transparency. We are convinced that MyMedicalShopper has built the best platform for empowering the medical consumer. We are excited about our new partnership with MMS and eager to share this new technology with our clients to help them control their costs.”

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employers.

About MyMedicalShopper

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

About Baystate Benefit Services (www.baystatebenefits.com)

Baystate Benefit Services, Inc. (BBS) was founded in 1990 and is headquartered in Braintree, MA. Baystate’s consulting practices are structured around the health and welfare needs of their clients, business retirement plans, risk management insurance and executive compensation. BBS is resourced to provide expertise in benefits plan design and administration, claims administration, compliance, employee health & wellness strategies, Cobra administration, flexible spending account administration and health reimbursement account administration. Finding the best and most cost effective solutions has been BBS’s objective since 1990.


Contacts:

MyMedicalShopper

Mark Galvin

(603) 610-810

mark@mymedicalshopper.com

Baystate Benefit Services

Chad DiBonaventura

(781) 356-0717

chad@baystatebenefits.com

MyMedicalShopper Provides Detailed Response to DHHS Request for Public Comments on National Price Transparency Initiative

MMS shares roadmap for national implementation to facilitate transparency and drive down the nation’s healthcare costs

 

Portsmouth, NH – March 18, 2019

MyMedicalShopper, a national healthcare price transparency solution that enables patient consumerism, submitted a response to a U.S. Department of Health and Human Services request for input on proposed rulemaking that could support national price transparency efforts.

 

MyMedicalShopper praised HHS and the Office of the National Coordinator for Health Information Technology (ONC) for their effort to improve the value of healthcare received by patients in the U.S., and highlighted the department’s recognition that “[i]ncreased consumer demand, aligned incentives, more accessible and digestible information, and the evolution of price transparency tools are critical components to moving to a health care system that pays for value,” in their recent Notice for Proposed Rulemaking (NPRM) (https://www.healthit.gov/topic/laws-regulation-and-policy/notice-proposed-rulemaking-improve-interoperability-health).

 

“We applaud HHS and ONC for their effort to improve the value of healthcare received by patients in the United States,” said Mark Galvin, President and CEO of MMS Analytics, Inc., the creator of MyMedicalShopper. “We have focused exclusively on developing solutions to rising healthcare costs and delivering true price transparency to patients in the U.S. for over five years now. We are happy to share our experience and hard-earned expertise with these agencies so they can implement policies that help empower healthcare consumers and reduce costs.”

 

The Notice for Proposed Rulemaking to Improve the Interoperability of Health Information was issued by DHHS and the ONC to “support seamless and secure access, exchange, and use of electronic health information (EHI).” The document covers a range of topics across its 724 pages, including a number of questions surrounding price transparency, soliciting public comment.

 

MyMedicalShopper submitted a public comment to HHS on the Department’s website, and published a copy on its corporate website here. (https://mmsanalytics.com/mms-analytics-inc-public-comment-to-u-s-dhhs-on-rin-0955-aa01/)

 

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employers.

 

 

About MyMedicalShopper

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

 

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

 

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

 

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

 

 

Contacts:

 

MyMedicalShopper

Mark Galvin

(603) 610-8100

mark@mymedicalshopper.com

MMS Analytics, Inc. Public Comment to U.S. DHHS on RIN 0955-AA01

March 18, 2019

 

Department of Health and Human Services

Office of the National Coordinator for Health Information Technology

 

Attention:

21st Century Cures Act: Interoperability, Information Blocking,

and the ONC Health IT Certification Program Proposed Rule

Mary E. Switzer Building, Mail Stop:7033A

330 C Street SW

Washington, DC 20201

 

MMS Analytics, Inc. is pleased to submit a public comment in response to the Notice of Proposed Rulemaking to Improve the Interoperability of Health Information for a new rule to support seamless and secure access, exchange, and use of electronic health information (EHI) by the U.S. Department of Health and Human Services (HHS).

 

We applaud HHS and the Office of the National Coordinator for Health Information Technology (ONC) for their effort to improve the value of healthcare received by patients in the United States, and especially commend their recognition that “[i]ncreased consumer demand, aligned incentives, more accessible and digestible information, and the evolution of price transparency tools are critical components to moving to a health care system that pays for value.” We could not agree more.

 

MMS Analytics would like to take the opportunity to directly address some of the questions posed by the Office of the National Coordinator for Health Information Technology (ONC) in their document RIN 0955-AA01.

 

  • “Should prices that are included in EHI reflect the amount to be charged to and paid for by the patient’s health plan (if the patient is insured) and the amount to be charged to and collected from the patient (as permitted by the provider’s agreement with the patient’s health plan), including for drugs or medical devices?”

 

Yes. It is important to note that charged amounts are of very limited value to patients—especially insured patients—because the charged amounts have very little impact on how much is actually paid for medical services. Therefore, it is absolutely critical that EHI-included prices reflect the amounts paid for by the patient’s health plan and collected from the patient for medical care.

 

  • “Should prices that are included in EHI include various pricing information such as charge master price, negotiated prices, pricing based on CPT codes or DRGs, bundled prices, and price to payer?”

 

Prices included in EHI may include chargemaster rates for the sake of consumer perspective, but charged rates are not particularly useful for consumers. EHI-included prices need to include the insurance-negotiated discounted rates for medical tests and procedures based on CPT codes. These are the amounts that providers are actually paid by the health plan and/or patient. Where applicable, bundled prices should also be included (i.e. to identify the total costs associated with a multiple-component procedure such as a knee replacement surgery).

 

  • “Should prices that are included in EHI be reasonably available in advance and at the point of sale?”

 

Patients need access to pricing information at the time that they are making the decision on whether or not to receive certain kinds of medical care, and where to receive their care. It is imperative that EHI-included pricing information be available to patients on demand, well in advance of receiving the care. The absolute latest that this information could be useful to a patient would be before the “point of sale,” which in the healthcare delivery model, occurs immediately before the test or procedure is performed on the patient. Of course, this so-called “point of sale” in healthcare may occur weeks or months before a receipt or invoice is generated by a provider—long before any patient might pay for the care. It is critical that any pricing information be made available to the patient before she or he makes the decision to receive the care in question in the first place.

 

  • “Should prices that are included in EHI reflect all out-of-pocket costs such as deductibles, copayments, and coinsurance (for insured patients)?”

 

Yes, but HHS and ONC should be advised that these out-of-pocket costs do not tell the entire story. Copayments and coinsurance are often used as proxies for cost that insulate consumers from the total amounts actually paid to providers by the patients and their health plans. EHI-included prices should reflect out-of-pocket costs for the sake of clarity to the patients, but the total amount paid to the provider for rendering care must be included in the pricing for consumers.

 

  • “Should prices that are included in EHI include a reference price as a comparison tool such as the Medicare rate and, if so, what is the most meaningful reference?”

 

It is important to provide patients with some context for procedure pricing so they can evaluate the value of the care in context. This is why it is important to make the pricing accessible in a way that can be easily compared across providers. Assigning a kind of reference price can be useful as well, although challenges present themselves in the form of varying costs by geographic region across the wide range of U.S. markets. MMS Analytics has developed a proprietary benchmark based on an adjusted median price that is granular enough to be applied across these varied markets.

 

  • “To the extent that patients have a right to price information within a reasonable time in advance of care, how would such reasonableness be defined for:
    • Scheduled care, including how far in advance should such pricing be available for patients still shopping for care, in addition to those who have already scheduled care?”

 

Pricing information should always be available to patients on demand. With current technology, patients should never need to wait to receive information about pricing. Whether a patient has already scheduled care, or is simply considering scheduling a given test or procedure, he or she should always have immediate access to accurate pricing information to inform their decision. Delays in accessing this information is not only inconvenient, or potentially financially costly, but these delays can also lead to avoidable medical complications.

 

  • “How would price information vary based on the type of health insurance and/or payment structure being utilized, and what, if any, challenges would such variation create to identifying the price information that should be made available for access, exchange, or use?”

 

Negotiated rates for procedure pricing often varies based on a wide range of variables such as the health plan, the type of insurance product, whether or not the plan is self-funded or fully insured, etc. These nuances must be captured in any EHI-included prices, or patients may encounter rates that are not accurate or relevant with respect to their unique insurance plan or circumstances.

 

  • “Should price information be made available on public web sites so that patients can shop for care without having to contact individual providers, and if so, who should be responsible for posting such information? Additionally, how would the public posting of pricing information through API technology help advance market competition and the ability of patients to shop for care?”

 

Yes. Price information must be made available on websites such that patients can comparison-shop for their medical care. If HHS were able to provide an API that served as a conduit to all of these procedure prices included in EHI, both public- and private-sector organizations could leverage that data to create websites, tools, and applications to benefit the consumer. One of the most difficult challenges that price transparency tools currently face is access to the pricing data. If HHS were to make this data available to the public, especially through a standardized API, it would unleash massive potential for building tools to empower consumers, help them control their healthcare costs, and drive down our per capita spending on medical care overall. In addition, this increased transparency would support the economic forces that would push providers to actually compete with each other based on price, and cause a secondary effect of many providers lowering their prices to gain higher patient volume, thus reducing overall costs even further. This effort could realistically save patients, their health plan sponsors, and the entire system hundreds of billions of dollars annually, and finally bend our nation’s healthcare cost curve downward after decades of relentless upward trends.

 

 

Sincerely,

 

Christopher Matrumalo

VP of Marketing

MMS Analytics, Inc. dba MyMedicalShopper

MyMedicalShopper Applauds Call for Medical Price Transparency in State of the Union Address

We applaud the focus of the Trump Administration to make healthcare costs more affordable and transparent.

As a national solution, MyMedicalShopper is working with employers and employees to create awareness, to educate, to incentivize, and to appropriately reward the prudent decision-making of consumers when accessing healthcare.

Mark Galvin, CEO of MyMedicalShopper, said, “In the State of the Union Address, the President spotlighted the power of ‘American Freedom.’ This is what MyMedicalShopper empowers.”

Our focus is making healthcare more affordable by empowering consumers with actionable information.

 

We use one of the largest databases of commercial, post-adjudicated medical claims data to power our price transparency platform and suite of cost-saving solutions.

Our flagship product provides patients with an intuitive application they can access anywhere to help them choose providers of thousands of medical tests and procedures based on price, quality, and convenience.

Our robust analytics platform provides employers with the first real-time visibility into their group claims data that helps them uncover and address every instance in which their members are unfairly victimized by hidden pricing.

A recent survey by America’s Health Insurance Plans reports 75% of respondents want the government to focus on making healthcare more affordable, while two-thirds support the existing private healthcare system over a government-run system. MyMedicalShopper is becoming an essential component of delivering on consumer wishes.

We have had discussions with private and public sector healthcare leaders across the country, and look forward to working with them to make MyMedicalShopper available, and healthcare more affordable, to more American consumers.

About MyMedicalShopper

 

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

 

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

 

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

 

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

 

 

Contacts:

MMS Analytics, Inc.

Mark Galvin

(603) 610-8100

mark@mymedicalshopper.com

MyMedicalShopper Praises U.S. Government Report Supporting Consumerism

Report issued jointly by Departments of Health & Human Services, Labor, and Treasury

MyMedicalShopper, a national healthcare price transparency solution that enables patient consumerism, welcomes recommendations in a newly issued report by three U.S. government agencies to improve “choice and competition” in the nation’s healthcare system.

 

“Anytime we can incentivize and reward consumerism, especially in healthcare, we should,” said Mark Galvin, President and CEO of MMS Analytics, Inc., the creator of MyMedicalShopper.

 

The report, “Reforming America’s Healthcare System Through Choice and Competition,” was issued jointly by the U.S. Departments of Health & Human Services, Labor, and Treasury. The report outlines a strategy to promote consumer-driven healthcare, citing that consumers are insulated “from the true price of health care…When federal and state health policies give consumers more control over their health care dollars, they can use that power to demand greater value,” the report said.

 

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employers.

 

Galvin said that the power of MyMedicalShopper is rooted in more than 3.4 billion actual, post-adjudicated medical claims, coupled with cutting-edge integrations with the software powering health insurance plans, third-party administrators, and brokers.

 

About MyMedicalShopper

 

MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

 

MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

 

MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

 

About MMS Analytics, Inc. (www.MyMedicalShopper.com) 

 

MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

 

 

Contacts:

MMS Analytics, Inc.

Mark Galvin

(603) 610-8100

mark@mymedicalshopper.com