INDUSTRIES
PRIVATE EQUITY
When doing your CCA due diligence, take 20-50% of your healthcare spending and add that back to the Enterprise Value/EBITDA ratio. If you manage a private equity fund or are looking at adding or managing a portfolio of companies, let’s discuss how much value is waiting to be unlocked by taking control of your healthcare spending.
MANUFACTURING
You are constantly working to improve efficiency and cost containment. You know that every dollar saved goes right to the bottom line. You undoubtedly know your “cost of goods sold,” but what can be just as important is your “cost of claims paid.” Controlling your healthcare spending requires the same vigilance and oversight as the other line items on your balance sheet.
EDUCATION
The demands placed on your teachers and staff continue to increase. So do the demands placed on your budget. The cost of everything continues to rise faster than your budgets, and your annual increase robs your teachers of pay increases and your schools of funding for vital programs. Getting control of your health care plan means lower out-of-pocket costs for your employees, better health outcomes, and more money for compensation. You can also free up funds for your education initiatives and programs that will help you fulfill your critical mission.
TECHNOLOGY
Your company demands a lot from your employees. Controlling your health plan means providing a benefit package that shows you care about them and their wellbeing. By using real-time data, you affect care. Setting up your plan correctly means getting concierge-level healthcare, leading to longer retention and a healthier and more satisfied employee.
SERVICE INDUSTRIES
The rising cost of health care has made it difficult for the service industry to provide better employee benefits, creating higher turnover and lowering consistency and customer satisfaction. Understanding how to control your healthcare plan means offering a richer benefits package that keeps those employees engaged and committed, providing a foundation for growth.