2011 Cost Savings Analysis
For over 25 years Podiatry Plan has utilized outpatient facilities to reduce hospital costs. By utilizing outpatient facilities to treat podiatric needs of patients, our managed care programs have reduced the cost of care by up to 30% compared to non-managed care programs.
With Podiatry Plan, savings can be up to $3.27 for each dollar of administrative fees paid. Even though the frequency of podiatry care continues to rise, we are here to meet the challenges of reducing hospital costs.
Management Information Systems
Our management information systems enable the insurers to control podiatry costs, to make more informed medical care decisions and to predict future costs. These systems and procedures mean greater administrative efficiency for both the insurers and providers.
The following are actual costs for four of our clients, EPO programs with Podiatry Plan demonstrating utilization and cost benefits over a recent six-year period. Similar costs savings are demonstrated with other clients and are available upon request.
