We’re willing to put up to 100% of our fees at risk to prove it. Vera’s approach to advanced primary care and population health management is based on data. Our success is based on data, too, with results gleaned from verified healthcare cost savings, claims reductions, and patient satisfaction ratings.
Advanced primary care is the right care at the right price. It’s an investment that generates a return far into the future with healthier employees, reduced claims, and greater savings.
Vera has received validations for population health cost management and health outcomes.
Seattle Children’s is one of the leading children’s hospitals in the United States. It employs over 6,000 dedicated medical professionals who provide patient care and conduct groundbreaking pediatric research.
We worked with Seattle Children’s to build a clinic near their main campus in 2012. The hospital paid the start-up costs and monthly fee for each eligible employee, on top of their existing monthly benefits package.
reduction in total healthcare costs
ROI in Year 1
reduction in primary care claims
reduction in inpatient claims
patient satisfaction
employee engagement
A large volume of unmanaged, uncontrolled claims were crippling Seattle Children’s. Their claims trend increase of 7-10% cost them about $3-4 million per year.
Wellness programs were ineffective in outreach, organization, and meeting employee needs. Additionally, the results were impossible to measure.
The hospital made a decision to grandfather their existing healthcare plans to avoid complying with the host of free benefits mandated by the Affordable Care Act. Doing so saved them money in the short term, but they faced a Cadillac tax of nearly $4 million in 2018.
Within 12 months, claims were decreasing.
Employees who engaged with Vera for primary care saw drastic reductions in the number of days they spent in the hospital.
In the first six years working with Vera, Seattle Children’s saved $16 million net. And they avoided the Cadillac tax in 2018.
