Is it time to break up with your data vendor? Maybe you’ve considered it, but sometimes, staying in a bad relationship is easier than putting in the effort to build a new one. Well, we put in the effort so that you don’t have to.
What Are Misdiagnoses Costing Employees and Employers?
Have you ever been prescribed antibiotics for something that may have just been a viral cold? This is a very common example of a potential misdiagnosis. While a cold is small beans, misdiagnoses on a larger scale is very costly for patients, employers, providers and insurers.
How Avocado Toast is Affecting your Benefits Spend
Doctor's are noticing a trend called “Avocado Hand” - injuries sustained while trying to open an avocado. Most avocado-related injuries are superficial and require stitches, but Artemis Health wondered what avocado toast is costing patients and employers.
Is Uncompensated Care Driving Costs for Employers?
Large, white collar employers are likely to provide insurance benefits as a means of attracting valuable employees and retaining this talent. But it’s often argued that employers are also indirectly paying the bill for those who do not have health insurance through a market factor known as “uncompensated care.”
13 Reasons Why You Need a Mental Health Benefits Strategy
Mental health is a hot topic for employers now, and many are struggling to find the right means to help employees get access to quality care. Since May is Mental Health Month, let’s explore 13 reasons why employers should make this a priority in their benefits strategy.
How to Spend Wisely: Specialty Medications
Approximately 77% of employers spend 16% or more of their total healthcare budget on pharmacy benefits for their employees. Let's dive into one of the most expensive types of drugs - specialty medications.
Can Employer-Provider Partnerships Work to Reduce Costs and Improve Care?
It seems like just about everyone has an idea for reducing the cost of healthcare in the U.S. - hospital groups, advocacy organizations, tech startups like Artemis Health, and employers large and small. One such idea that’s gaining traction? Directly negotiating in-network services between health systems and employers, also known as “employer-provider partnerships.”
Artemis Health Raises $8.3 Million Series A Round to Expand Benefits Optimization Platform
Artemis Health, a health data analytics company, raised $8.3 million in Series A funding to empower employers with needed transparency and insights into their benefits data in order to provide better benefits to its workforce.
4 Items to Watch on your Formulary
One of Artemis Health’s most important goals is to help benefits administrators better understand their pharmacy benefits. As the Chief Clinical Officer at Artemis Health, I help benefits teams get a sense for how best to work with their Pharmacy Benefit Manager, how to identify opportunities to eliminate waste, and how to work with data to tell effective stories about pharmacy spend.
Name Your Biggest Challenge
We’ve spoken to many benefits administrators over the years, and we hear about all the pain points, big or small, in your profession. Names have been redacted to protect your identities, but here’s what you cite as your biggest challenges.
New FDA Approved Drugs May Affect Your Rx Spend
New medications approved by the FDA can lead to financial impacts for your benefits spend. Accessing your medical and Rx claims data can help – if you know ahead of time what new drugs are hitting the market, you can work with your PBM to save costs.
How to Keep Employees at the Center of your Benefits Strategy
Fundamentally, all of your work comes down to helping the people in your organization do their best work. Because this is about the people that make your company unique, we have some suggestions for keeping employees at the center of your benefits strategy.
The Growing Power of HR Data
People are your most valuable asset, but it’s hard to measure happiness, satisfaction and culture. So instead, you measure what you can: health and wellness, engagement with benefit programs, retention, and more.
Artemis Tips: Using Cohorts to Track Members
One of the pain points we often discuss with potential customers is how hard it can be to track the success of their benefit programs. Rolling out a new program or improved messaging is easy – but how do you know if it’s working?
3 Reports You Need from Your Pharmacy Benefits Manager
Working closely with a Pharmacy Benefit Manager (PBM) can be a great way to monitor effectiveness and decrease utilization costs without compromising quality member care. Artemis Health wants to help you better understand how these systems work and what you can do to navigate your relationship with your PBM.
Three Artemis Success Stories from Real Customers
Artemis Health was founded with the mission of impacting healthcare costs for patients AND employers. Here are some stories of how we’re accomplishing this, one data set at a time.