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ACHRM THE ASSOCIATION FOR CORPORATE HEALTH RISK MANAGEMENT

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  • ACHRM

    THE ASSOCIATION FOR CORPORATE HEALTH RISK MANAGEMENT

    http://www.achrm.org/

  • 2 | Collaboration BOSS | 2015

    ACHRM

    ACHRM

    The healthcare delivery

    model is changing

    rapidly and employers

    are becoming the new

    “payers” in the marketplace,

    replacing traditional health

    insurance carriers. However,

    these organizations are

    underprepared and are

    struggling to contain their

    healthcare costs. Continuously

    rising costs, increasing

    lifestyle-related diseases, and

    the lack of a free market for

    healthcare services creates

    the perfect storm for U.S.-

    based employers. These

    issues, combined with our

    country’s new health law

    pushing employer healthcare

    costs even higher, has laid

    the foundation for the

    Association for Corporate

    Health Risk Management, more

    commonly known as ACHRM.

    ACHRM is a national

    membership-based

    organization composed of

    forward-thinking employers

    ranging in size from less

    than 100 to just over 30,000

    employees, who are seeking

    innovative ways to contain

    The Association for ACHRM Workshop hosted by Cancer Treatment Centers of America. Attendees included ACHRM members and workshop panelists.

    http://www.achrm.org/

  • their healthcare costs.

    Founded in June 2012, ACHRM

    has grown to over 500

    employers and expects to

    have ten chapters operating

    by year-end 2015 including

    Philadelphia, Baltimore,

    Northern VA-Washington

    D.C., Northern New Jersey,

    Chicago, Dallas, Connecticut,

    Wisconsin, and multiple

    locations in Florida. Over the

    next few years, ACHRM plans

    to have a national presence

    with chapters across the U.S.

    “As a former CFO, I had found

    healthcare costs one of our

    company’s largest and most

    difficult expense categories

    to manage,” says Bill Lacy,

    ACHRM’s CEO. “I’m not just

    talking about the obvious

    rising costs of health insurance,

    but all areas of health risk,

    including short- and long-

    term disability, worker

    compensation, pharmacy,

    absenteeism, presenteeism,

    and other challenging factors.”

    While ACHRM’s mission—

    assisting employers with

    containing their healthcare

    costs—does include the

    financial components of

    healthcare, it’s not only

    about costs. ACHRM’s

    solution development

    efforts include expanding

    employee healthcare, wellness,

    preventative measures, and

    expanded benefits packages.

    ACHRM’s Secret Sauce “Employer ‘stories’ are

    one of the unique benefits

    of ACHRM,” said Pamela

    Autrey, Director of Human

    Resources, Dallas Museum

    of Art. “Employers want to

    learn from other employers.

    It’s these stories that ACHRM

    members will remember.

    We like to collaborate,

    exchange ideas and learn

    from one another, but it’s the

    stories, which we’ll recall.”

    “Bringing progressive

    employers and forward

    thinking industry experts

    together provides ACHRM

    with the fuel to generate

    solutions to containing

    healthcare costs,” said Lacy.

    We have found this

    collaboration becomes

    even more powerful when

    executives from across

    our multiple chapters are

    connected. For example,

    we connected a Pittsburgh

    area consortium of school

    districts with a similar

    organization in Phoenix. Both

    representatives admitted

    they would have never met

    if it weren’t for ACHRM,

    UPCOMING ACHRM EVENTS

    September 21st Effective Employer Employee Health Management Strategies Workshop @ The Atlantic Club (Manasquan, NJ)

    September 15th Medical Travel 101 Webinar

    September 29th ACHRM’s Orlando, FL Formation meeting

    October 8th CFO Roundtable Series, Philadelphia PA

    October 30th Transitioning from Fully Insured to Self Funded Workshop @ FirstMCO (Parsippany, NJ)

    November 6th Not-for-Profit / Foundation Workshop @ Winning Strategies Washington (Washington DC)

    November 18th Speaker @ League of Municipalities, Atlantic City, NJ

    November 20th Speaker @ Medical Fitness Association annual conference (New Orleans)

    2015 | Collaboration BOSS | 3

    Corporate Health Risk Management

  • and have already realized

    benefits sharing strategies.

    Four Factors Separating

    ACHRM from Others

    in the Industry

    First, ACHRM only allows one

    vendor per industry vertical,

    which controls the number

    of vendors at meetings. “We

    interview many vendors, but

    we are seeking those that

    bring disruptive solutions

    to employers. We turn away

    many vendors,” says Lacy. “We

    actively engage our Sponsor

    Partners,” continues Lacy,

    reflecting the vendor’s active

    involvement. According to

    Mary Seery, National Director,

    Business Markets, national

    Sponsor Cancer Treatment

    Centers of America (CTCA),

    “our relationship is unlike that

    with any other association,

    which are more focused

    on the money vendor’s

    contribute and less on the

    total value we bring.”

    Second, ACHRM events are

    held at employer worksites

    giving employers a sense of

    comfort (i.e., no sales pitches);

    lower cost than traditional

    venues, such as country clubs,

    hotels, and conference centers;

    and the host an opportunity

    to promote its business.

    Third, ACHRM offers Strategic

    Initiatives, which include

    new methods or strategies,

    which are being incubated.

    ACHRM’s current ten Strategic

    Initiatives range from Direct

    Contracting between

    Employers and Healthcare

    Providers to educating and

    engaging CFOs / Private

    Equity professionals. Our

    Strategic Initiatives are further

    captured in ACHRM’s Glossary,

    which includes terminology,

    definitions, employer

    applications, and case studies.

    Fourth, we promote

    employer stories, case

    studies, and collaboration

    locally and nationally.

    Why ACHRM? ACHRM identifies employer

    challenges, and then finds

    employers across the U.S. that

    have implemented solutions to

    address these challenges. Our

    case study formula includes

    defining the employer’s

    problem, the solution that

    was implemented, and the

    results generated. Employers

    learn from the stories: both

    the mistakes and successes.

    For example, a case study

    between Cancer Treatment

    Centers of America and the

    Teamsters Health & Welfare

    Fund has provided a template

    for employers considering

    domestic medical travel.

    Our objective is to have every

    employer takeaway at least

    one new strategy. However,

    we recognize that employer

    issues cannot be solved in a

    four-hour session and health

    ACHRM’s Five Pillars

    ■ Introducing price transparency and quality metrics for healthcare services

    ■ Optimizing your organization’s self-funded strategy

    ■ Developing and sustaining your organization’s employee health management strategy

    ■ Educating and engaging your CFO and the financial community

    ■ Offering professional certificates for employees managing health risks

    ACHRM

    4 | Collaboration BOSS | 2015

    http://www.achrm.org/

  • solutions, education,

    Workshops, webinars,

    Strategic Initiatives, white

    papers, and case studies. “It’s

    about bringing disruptive

    solutions to employers. Even

    after our short three-year

    history and assembling over

    500 employers and eight

    chapters, ACHRM has just

    begun to scratch the surface,”

    Bill Lacy reports. Powerful

    validations of the progress of

    ACHRM have been realized by

    invitations for us to present

    as “content expert” to third-

    party conferences across the

    US, strategic partnerships

    with other membership-based

    organizations, and the growing

    demand to launch new U.S.

    and international chapters.

    Five Key Healthcare Cost Containment Strategies for the CFO

    ■ Understanding healthcare costs

    ■ Unravelling the pharmacy/PBM mystery

    ■ Direct contracting between an employer and healthcare providers, including local providers, domestic, and international medical travel

    ■ Boosting employee health management

    ■ Partnering with HR/engaging and educating employees

    risk management issues are

    dynamic. Another benefit of

    the Workshops is to identify

    next steps for working

    towards solving issues.

    Because ACHRM is growing

    rapidly and employers are

    increasingly demanding

    new strategies, ACHRM

    has begun to enhance

    its Workshop model with

    Webinar technology. The

    first session of this type was

    offered during a May 2015

    program with positive results.

    In closing, ACHRM offers

    employers solutions and

    strategies through stories

    and collaboration, along with

    innovative methodologies,

    disruptive technologies,

    2015 | Collaboration BOSS | 5

    June 2015 Workshop hosted by Center of Advanced Medical Learning (University of South Florida) in conjunction with Promed’s Medical Travel and Global Healthcare Business Summit

  • ACHRM

    230 Kings Highway East, Suite 340Haddonfield, NJ 08033

    Ph: 858.979.2067Email: [email protected]

    www.achrm.org

    POWERED BY

    mailto:[email protected]://www.achrm.org/http://www.achrm.org/