Mercer launches suite of tools to help employers navigate value-based pay landscape

Mercer, a global health, talent, retirement and investment consulting firm, has unveiled a new suite of solutions to support employers as they adopt new business practices and opportunities focused on value-based care.

Using proprietary and industry data as well as innovative technology, Mercer has developed a system to help employers assess and identify what value-based care approaches are right for them, what opportunities exist in key local markets to support these approaches and how to implement and communicate most effectively with target employee populations.

Mercer's suite of value-based care solutions include:

  • Mercer Health Care Value Finder, an iPad app that helps identify "hot spots" by market and then aligns available value-based care models to each to help clients define their opportunity market or markets.
  • Mercer Map Your Course, a Q&A assessment that helps map the value-based care starting point for a given employer.
  • Market Profiles, market-by-market profiles that describe the opportunities and challenges of implementing value-based care in a particular location in regards to care hot spots, macro-economic dynamics and available care models.
  • Market Action Map, an outline of activities needed to take place so an employer can finalize and execute a given value-based strategy.

"We see value-based care as a potentially game-changing approach to achieve the much discussed 'triple aim' of reducing healthcare costs, increasing the quality of care and improving the patient experience," said Molly Loftus, Mercer's Chief Health Care Actuary. "We believe, however, that value-based care can only deliver on these goals if programs are not only carefully and properly structured and deployed, but also managed at the local-market level — the place where healthcare actually happens."

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