Increasing healthcare costs significantly impact your budget, limiting funds for other initiatives. An increasing amount of employee take-home pay is being spent on healthcare. Without expert oversight, healthcare costs can go unmeasured, contributing to fraud, waste, and abuse.
Employer-sponsored healthcare is a $4.9 trillion industry that wakes up every day thinking about how to optimize its revenue. Even for the most forward-leaning, sophisticated plan sponsors, constant vigilance is needed to ensure you are in control of your healthcare spend.
Why We Exist
You operate a healthcare business. It's time to treat it that way.
How We Help
Transform your healthcare spend from a black box into a strategic advantage.
Assessment
Everything starts with data. In-house data management is vital to understanding your spend. We start with project scoping - collecting some basic information about your healthcare spend, workplace culture, as well as your goals for your health plan.
Advisory
More detailed data is requested including medical/pharmacy claims and advisor/carrier/PBM contracts. Data analytics, legal contract review, and compliance audits take place.
DHS Advisors will work alongside you to access and interpret this data – driving specific actionables.
Execution
Levers are pulled based on priority and cost/benefit analysis. New partners and vendors will be leveraged to manage the healthcare spend. DHS Advisors requires transparent disclosures and manages these relationships on behalf of the company, ensuring accountability and oversight.
Services
DHS is proud to provide project scoping, project-based analytics, and ongoing consulting services.
Free Project Scoping
Following an initial conversation, basic financial information is requested and project scoping is provided free of charge. Possible areas of savings and benefit improvements are identified.
Health Plan Audit
Medical and pharmacy claims, financial information, and advisor/carrier/PBM contracts are all ingested. Data analytics, legal contract review, and regulatory compliance reviews take place. Specific actionable items are identified and vetted solutions providers are recommended for intervention.
Ongoing Consulting
Your Audit will conclude with a structured findings presentation and a 3-5 year implementation plan. Should you choose to utilize DHS Advisors on an ongoing basis for implementation, fractional Chief Health Plan Officer services are available.
About DHS Advisors
Background
Dr. Danny Seidman is a double board-certified physician, public health expert, and licensed benefits consultant.
He is uniquely familiar with the practice of medicine, direct primary care, and employer-sponsored healthcare. His team has significant experience with health plan analysis and analytics.
Licenses & Certifications
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Certified Benefits Advisor (Health Rosetta)
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State of Michigan Licensed Benefit Consultant
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Double Board-Certified Physician (Sports Medicine and Family Medicine)
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Holds a Public Health degree (MPH) and developed employer strategies during the COVID-19 pandemic
Contact Us
Let's Get Started.
Ready to explore how you can build better benefits for your team members? Send us a message - use the form or email us.