In this episode, Michael moderates a webinar that highlights an employer who took action to help their employees find higher quality, more cost-effective care. The episode highlights two panelists, one with Christin Deacon, the Assistant Director of the New Jersey State Health Plans, and the second with David Vivero, the Co-Founder and CEO of Amino.
Christin is a healthcare leader and public sector entrepreneur. She is a former deputy attorney general and private sector restructuring attorney, and her unique background allows her to have a different perspective on the status quo in the realm of healthcare. She engaged with Amino to get ahold of out-of-network spend and make an impact on the trajectory of cost in New Jersey, which is $2B on pharmacy and $5B on medical and growing.
When David Vivero spoke with Christin and learned the needs of the state and its members, he learned that staying within the network and better hospital selection were primary concerns. Employers and employees were having trouble finding cost-effective care, and he knew Amino’s platform could solve for that.
The state was able to move fast and implement Amino in just eight months, and their first push was the digital experience and matching people with the right provider and tools. David explains that the goal was to solve the three fundamental problems of healthcare guidance: providing the data to inform a good decision, creating an experience that delivers results, and distributing it effectively.
The Amino Smart Match label finds the high-performance network by stratifying the network by cost, quality, experience, and appropriateness, and their Integrated Benefits Tool connects the dots in the healthcare system so members cut through the noise and find exactly what they need.
Amino is all about “Getting back to it.” They understand that people don’t want to be experts in healthcare and just want to be healthy with the support of quality, cost-effective care. And with an NPS score of over 80, it’s working. On the horizon, Christian sees more engagement in digital health, a spike in telemedicine, new models of delivery, and more opportunities for education. As for Amino, they have an exciting road ahead. They’re following trends in the market, working towards ER avoidance, and getting into retail clinics.
Here’s a glance at what we discuss in this episode: