LINCOLN, Neb. and OMAHA, Neb., Aug. 6 /PRNewswire/ -- Convergence TPA and SimplyWell(R) LLC announced today their alignment to integrate SimplyWell’s health risk management application into Convergence TPA’s product offerings for group health plans. The alignment will provide employers with the most innovative, comprehensive and cost-effective group health plans in the marketplace.
“Although a self-funded group benefit plan reduces current costs for employers, it does not address the primary reasons for rising health plan benefit costs,” said David Field, of Convergence TPA. “Many serious health risks are not being diagnosed early enough and there is a tremendous amount of overlapping services and waste. As a result, healthcare costs continue to rise. Convergence TPA is a solution that successfully addresses these challenges by focusing on both cost control and cost avoidance by using SimplyWell’s Population Health Management (PHM) application.”
Convergence TPA offers alternatives to traditional group health insurance programs by providing a full range of products and services that ensure a company’s self-funded group health plan will achieve bottom-line results quickly. Convergence TPA’s innovative approach minimizes the health risks of employees, decreases the amount of avoidable medical claims and lowers healthcare costs.
“Unlike traditional group health plans, Convergence TPA strongly leverages the benefits of preventive health,” added Scott McFarland, CEO of SimplyWell. “Convergence TPA is making health plans smarter by placing as much focus on disease prevention as they do on cost control by using SimplyWell’s innovative application-based population health management platform.”
SimplyWell’s PHM assesses and evaluates an organization’s healthcare costs and health risks and creates an individualized action plan that empowers employees, emphasizes individual accountability and documents behavior modification. Employers and their insurer receive aggregated data and customized reports to identify potential areas for cost savings.
About Convergence TPA
A Nebraska company headquartered in Lincoln, Convergence TPA offers self funded health plan administration and benefit consulting services for employer groups. Convergence TPA utilizes consumer driven high deductible health plan designs with first dollar benefits for wellness and prevention. Integrated into every plan is the SimplyWell application. For more information visit the Convergence TPA website as http://www.convergencetpa.com/.
About SimplyWell
Since its inception in 1998, SimplyWell has dedicated its resources to provide employers and employees with the most comprehensive online health management solution available. Headquartered in Omaha, SimplyWell works with employees, employers and insurers nationwide to find solutions to rising healthcare costs. For more information, visit the SimplyWell website at http://www.simplywell.com/ or contact SimplyWell at 4242 Farnam St., Suite 270, Omaha, NE 68131 or call toll-free 1-877-991-9355.
SimplyWell LLC
CONTACT: Pamela Samuelson for SimplyWell LLC, +1-402-552-3393,psamuelson@nebraskamed.com; or David Field of CEBS,dave.field@convergencetpa.com, for Convergence TPA Inc
Web site: http://www.convergencetpa.com/
Web site: http://www.simplywell.com/
