Emerging Digital Health leader achieves highest industry accreditation from leading health care analyst and assessment firm
Tulsa – May 29, 2019 – The Zero Card (https://www.thezerocard.com), a healthcare marketplace delivering the best combination of cost, quality and convenience, today announced receipt of Validation Institute’s Health Value Award for Healthcare Analytics Platform. The Health Value Awards recognizes health care vendors; brokers and purchasers who consistently deliver high value that can be replicated throughout the continuum of clinical and financial risk management. Validated categories are evaluated by Validation Institute, an independent certifier for performance and methodologies and score market viability, impact and innovation.
“Knowing the true cost of care opens the employer to a new world of market opportunities to lower costs while providing an outstanding new benefit to employees and dependents. Employers can harness the new energy among providers to offer bundled services and now have the information to make real market-based decisions,” said James Millaway, Co-Founder and CEO, The Zero Card. “Our data and outcome focused methodology is the foundation for a platform to ensure efficiencies, cost savings, and better outcomes.”
RD Whitney, CEO of Validation Institute adds: “On behalf of Validation Institute and our 2019 Health Value Awards judges, we are excited to see the exciting progress at The Zero Card. Their approach and platform creates a fresh and innovative perspective on health care activities. At Validation Institute, we celebrate all companies who have made it their mission to provide better health outcomes at lower cost.”
What The Zero Card Offers
The Zero Card methodological approach provides a platform to synthesize and analyze data in an objective manner on behalf of health institutions and employer purchasers. Furthermore, and importantly, the insights derived from the Zero Card process allows organizations to make efficient, impact-driven, member focused decisions for consumers. The company’s direct contracts lock in fair market prices that benefits all three parties in the employer-based healthcare delivery system: the plan member, the employer and the provider. It is a frictionless program that an employer installs as a supplemental plan to the underlying health plan. The Zero Card is a voluntary program, so covered members can still access care through traditional employer programs — but when a member uses The Zero Card, the employer saves money and the member receives necessary care for $0.
About The Zero Card
The Zero Card is a privately held company headquartered in Tulsa, Oklahoma. Founded in 2014, the company has set out to develop the easiest way to lower employer health plan costs while simultaneously improving member benefits. The company is built on three fundamental principles…cost, quality and convenience.
The Zero Card marries employer claims data to The Zero Card’s highly sophisticated proprietary algorithm to uncover opportunities for savings through direct contracting for surgical, diagnostic and imaging procedures as well as lab testing.
About Validation Institute
Validation Institute is an independent, objective, 3rd party organization on a mission to improve the quality and cost of healthcare. Based in Portsmouth, N.H., the organization is made up of a network of health benefits purchasers, health benefits advisors, and healthcare solution providers focused on delivering better health value and stronger outcomes than conventional healthcare.