WTW launched a brand new resolution on Tuesday aimed toward offering larger healthcare worth transparency for employers.
WTW is a world advisory, broking and options firm. Its new resolution known as the Well being Transparency Optimizer and can enable employers to guage healthcare prices together with high quality and utilization knowledge. The answer is designed for use by “all employers with a want to enhance effectivity in healthcare,” in line with Drew Hodgson, monetary gross sales and commercialization lead at WTW.
It can present entry to negotiated healthcare worth info for hospital, ambulatory {and professional} suppliers, in addition to entry to facility high quality knowledge over a number of scientific classes.
As well as, the Well being Transparency Optimizer will supply budgetary estimates for every main payer community and visibility into facilities of excellence and different networks in employers’ key markets. Lastly, it can present an evaluation of social, financial, scientific, environmental and local weather knowledge affecting the employer’s inhabitants within the communities they reside.
WTW consultants will companion with employers to run and go over the outcomes, and can then assist information employers on subsequent steps based mostly on the outcomes, whether or not that’s selecting a brand new service companion, designing a selected supplier community for his or her worker inhabitants or partaking in direct contracting with suppliers.
Hodgson stated the launch of the Well being Transparency Optimizer is a response to a long-standing hole in healthcare.
“Transparency has been wanted in healthcare for years. … An increasing number of purchasers are demanding transparency and ROI on options and the brand new Transparency in Protection necessities allowed us to realize that,” Hodgson stated. The Transparency in Protection rule requires well being plans to publicly disclose healthcare pricing and cost-sharing info.
Employers can both buy the Well being Transparency Optimizer independently or obtain entry by an current consulting relationship with WTW.
The launch of the Well being Transparency Optimizer comes as employers are coping with skyrocketing healthcare prices. Employers challenge a median 9% rise in healthcare prices in 2026, in line with the Enterprise Group on Well being. WTW hopes to assist employers handle these prices with its new resolution.
“Our purpose is to decrease value to employers and their staff by shining a lightweight on the fee and high quality of healthcare for employer-sponsored well being plans,” Hodgson stated. “This resolution has the potential to essentially change the best way healthcare is each used and delivered by navigating folks to probably the most environment friendly factors of care.”
He added that WTW anticipates including extra companies and deeper analytics for employers all through 2026.
Photograph: nito100, Getty Photos
