
WE WILL TELL YOU WHAT OTHERS CAN’T
OUR APPROACH
We provide a comprehensive “one-stop” healthcare consulting organization which allows you access to optimally organized healthcare leaders.
We work with members of your C-suite or leadership staff to develop a fully transparent approach with comprehensive reporting and agreed upon milestones.
Our services include offering fractional, interim, or project-based services to clients who require deep and wide ecosystem expertise.
OUR WHY
In the United States, the escalating cost of healthcare continues to be a significant concern. The real question is, how did we get here?
In the United States, the escalating cost of healthcare continues to be a significant concern. The real question is, how did we get here?
According to the Centers for Medicare & Medicaid Services (CMS), U.S. healthcare spending grew by 7.5% in 2023, reaching $4.9 trillion, which equates to $14,570 per person and accounts for 17.6% of the Gross Domestic Product (GDP).
This substantial figure underscores the ongoing challenges faced by the healthcare industry in managing costs and reducing inefficiencies.
Despite efforts to address these issues, administrative complexities and errors in health insurance claims remain prevalent, contributing to significant financial losses. While exact figures for 2023 are not yet available, previous studies have estimated that administrative costs account for a substantial portion of total healthcare expenditures.
Addressing these inefficiencies is crucial to curbing unnecessary expenditures and enhancing the overall effectiveness of the healthcare system.
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The $1.2 trillion in “unnecessary healthcare spend” is our first stop to identify the root causes of the $4.9 trillion spent on healthcare in the U.S. But what should really alarm you is the estimated $1.2 trillion now attributed to administrative overhead—and approximately 5% of that total is quietly lurking in your claims expense.
What exactly makes up this overhead? Well, as you may have guessed, the usual suspects are…
Linguistic Billing Challenges
Poor Provider Data & Quality
Incomplete Source Data Transmission
Employer Group & Healthplan Data Defects
Lack of Consumer Journey Intelligence
Healthplan Benefit & Clinical Coding
Human Resource Transformational Thinking
Lack of Payer, Provider, Government & Employer Group Integration
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Partnering with our proven Executive ‘Assets’ provides your organization with years of extensive intellectual experience, gained while working as leaders across the healthcare ecosystem. So, what can C Suite Assets provide to you?
We cut through the confusion and fragmentation you are experiencing in today’s benefits administration marketplace. This can be a daunting task for your leadership team, but it does not have to be. It can be simpler than you think, when you partner with the right team– C Suite Assets.
We have walked in your shoes and are prepared to share our valuable experience, insight and market knowledge to make sense of your daily benefit administration issues that continue year after year. We work closely with you, your team and delegated vendors to eliminate administration inefficiencies, consumer confusion, payment inaccuracy, provider abrasion and waste.
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HERE’S HOW IT WORKS
We provide a comprehensive “one-stop” healthcare consulting organization which allows you access to optimally organized healthcare leaders.
We work with members of your C-suite or leadership staff to develop a fully transparent project plan with comprehensive reporting and meeting agreed upon milestones.
Our services include offering fractional, interim, or project-based services to clients who need a higher level of expertise or experience than they’re currently receiving from other consultants.
C Suite Assets Core Competencies
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Healthcare/Healthplan Eco System
Deliver a healthcare operating model that meets your consumers where they are
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Data Management and Optimization
Optimize existing technologies, driving efficiencies throughout your organization
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Payment Integrity Solutions
Ensure claims leakage avoidance, paying claims right the first time and reducing claims expense
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Product Development and Engagement
Enhance your product and its engagement through an efficient, end-to-end operating model