Healthcare Finance News March 19, 2021
Transcarent is offering at-risk contracts to share in employer savings.
Livongo founder Glen Tullman is the new CEO of Transcarent, a company that is looking to overhaul the employer-self-insured business by creating a digital platform “overlay” to existing plans.
Tullman isn’t looking to replace traditional insurance – though he doesn’t rule that out for the future – but to offer a new way to navigate members to high-quality, low-cost care, even if that means flying them to the best and least expensive facility.
All of this comes with no premiums, copays or bills for the patient. Transcarent also isn’t charging employers for upfront costs. There is no per-member, per-month fee.
Transcarent is entering into risk-based contracts in which it takes...
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