news release

SHPS Publishes Guide for “Making Consumerism Work”
New publication offers strategies and tactics for transforming healthcare

Louisville, Ky. (June 6, 2006) – SHPS, Inc., a national provider of healthcare consumerism solutions, announced today the publication of its new booklet, “Making Consumerism Work: A Practical Guide for Transforming Healthcare.” The comprehensive guide offers strategies and tactics for implementing a healthcare consumerism program.
In the 68-page booklet, SHPS offers a new perspective on consumer-driven healthcare (CDHC) by suggesting that the real solution is “healthcare consumerism.” Healthcare consumerism expands the narrow, plan-focused approach of CDHC into a comprehensive health strategy that combines plan design, spending accounts, care management, wellness programs, incentives and health advocacy services.
“As we’ve witnessed first hand through our client interactions, employers today are struggling with ways to control rapidly rising healthcare costs, while also being sensitive to the needs of their employee populations,” said Rishabh Mehrotra, SHPS’ president. “Employers that can effectively implement a consumer-focused healthcare strategy will ensure their financial success for years to come, as well as their ability to attract and retain top talent.”
SHPS contends the total impact of a comprehensive healthcare consumerism program is a reduction of 65 to 75 percent of the prevailing annual increase in healthcare costs. Put another way, companies using best practices in consumerism experience two or three percent increases in healthcare costs annually, compared with a national average nearing 10 percent.
“The booklet is designed to help employers – as well as the health community that serves them – recognize the key considerations of a healthcare consumerism strategy and provide a roadmap for its successful implementation,” added Mehrotra.
Complimentary copies of “Making Consumerism Work” are available for a limited time by visiting www.shps.com/consumerism.
About SHPS
SHPS provides a broad range of innovative health management tools, resources and services that empower consumers to make wise healthcare decisions. With comprehensive services that transform consumer health behaviors, SHPS’ integrated delivery system maximizes the value of consumers’ and employers’ healthcare dollars. Among its many clients, SHPS serves large and mid-sized employers, health insurance carriers, third party administrators, Medicare Part D providers and government agencies. The company employs registered nurses and health professionals, employee benefit specialists and IT experts in facilities across the United States. Visit www.shps.com.
For More Information
Sarah Bovine
Director, Corporate Communications
sarah.bovine@shps.com
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