Satori World Medical Partners with Integrated Healthcare Platform of Consumer-Driven Technology that Support Employers and TPAs

Written by Satori on June 10, 2009 – 10:02 am -

 

By Keith Mendoza, Director of Sales, Satori World Medical

Satori World Medical continues to remain dedicated to our mission and vision to provide individuals, employers, financial sponsors and insurers with world-class healthcare, excellent client service and significant financial benefit.  We are pleased to announce that we have formed a new partnership with Integrated Healthcare, LLC (IHC), a technology company dedicated to delivering cost-saving, consumer-driven health plan tools and solutions to America’s self-funded employers, and their workforces.

According to Jim Williams, Integrated Healthcare’s Chief Marketing & Technology Officer, the partnership with us adds great value to their customers (employers, benefit brokers, consultants, and TPAs) who are all looking for cost-effective and measurable solutions that provide value to employees.  Satori World Medical’s high quality global healthcare network that shares the savings with all participants, including employees, through tax-advantaged Health Reimbursement Accounts (HRAs)  and Health Savings Accounts (HSAs), is exactly the type of consumer friendly program that can significantly reduce employers’ healthcare expenditures and improve their bottom line. 

When employers add Satori World Medical, they utilize HRAs by funding  it with a portion of the significant savings generated by the employee when they elect to undergo a surgical procedure through the Satori Global Network™. The savings range from 40 to 80 percent. A portion of the difference in cost, when compared to the same procedure performed in the US, is shared by the employer with the employee by funding a HRA, a tax-advantaged account that employees can use to pay their future medical expenses. Additionally, the employer waives any co-pays or deductibles when the Satori Global NetworkTM is selected. Such an arrangement creates a win-win for all stakeholders.

Satori World Medicals’s program can be seamlessly added to any benefit plan design and has no monthly fee to the employer or health plan.  Addionally, we provide a single bill in U.S. dollars which can be easily adjudicated.  As a result, companies have the ability to reduce their claims processing costs without any foreign currency exchange fluctuations.  Our company  works only with high quality Joint Commission International (JCI) accredited hospitals for contracted, high–cost, elective surgical procedures. We provide end-to-end customer service and our program and services are designed to meet the needs of the U.S. Third Party Payor System.

All of us here at Satori World Medical are very pleased to have formed this synergistic partnership.  Both our companies focus on promoting and engaging consumer choice with cost-effective solutions and tools to guide consumers in making informed decisions.  Together, we can provide employers and their employees with the resources necessary to effectively manage their healthcare costs.

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