Los Angeles, July 30, 2024 Canada, March 18, 2021 /PRNewswire/ — Private Health Management (“PHM”), a clinically sophisticated, complex care management company, is pleased to announce that it has been selected by Innovative Captive Strategies (“ICS”), a leading captive insurance solutions provider, to provide comprehensive care support to ICS clients and their plan members.
Innovative Captive Strategies (ICS), a leading provider of captive insurance solutions, and Private Health Management (PHM), a clinically advanced multi-care management company, have announced a collaboration to provide comprehensive care support to ICS clients and their plan members.
Both PHM and ICS are committed to helping employers manage risk, contain costs and improve health outcomes. PHM’s multidisciplinary team of clinicians and scientists provide deep clinical and science-based insight to ensure members receive accurate diagnoses, access the most experienced and qualified physicians, and benefit from advanced treatments. Through this partnership, individuals facing serious or complex medical conditions, such as cancer, can receive care management support from diagnosis through treatment.
“This partnership underscores our commitment to helping our clients effectively manage risk and support their employees during the health crisis.” Matt Durham“This is an important step in ICS’ strategy to provide world-class services, and we encourage our clients to leverage PHM’s clinical expertise to ensure their members receive the best possible care, improve health outcomes, and reduce costs,” said Phillips, AVP, ICS.
“At PHM, we focus on the small percentage of cases that account for the majority of healthcare spending and where the health care system’s shortcomings are most evident,” said Tommy Axford, senior vice president of business development and strategic partnerships at PHM. “Our extensive experience with serious, complex medical conditions like cancer makes us an ideal partner for captives like ICS. Through this collaboration, we provide expert clinical guidance to help members make informed health decisions and achieve the best possible healthcare outcomes.”
PHM’s commitment to patient advocacy is reflected in a comprehensive approach to care that combines deep clinical expertise with personalized support. Studies of PHM’s cancer care management services have shown a nearly four-fold increase in clinical trial enrollment, a four- to six-fold improvement in the adoption of precision oncology, and up to a three-fold increase in survival for certain late-stage cancers. These results have enabled PHM to reduce costs by 20% across the complex cases they manage.
About ICS
Innovative Captive Strategies is a captive insurance consultancy specializing in alternative solutions that enhance control, stability and opportunity in health, property and casualty insurance. Since its founding in 1999, ICS has created captives in a purpose-built model by selecting best-in-class firms with rigorously vetted members to improve engagement and control. Instead of renting insurance from large insurance companies, our clients manage and own the insurance. about this website
About PHM
Private Health Management is a clinically advanced complex care management company dedicated to helping individuals facing serious, complex medical conditions, such as cancer, receive the best care and outcomes. We improve outcomes and optimize costs for individuals and employers by providing scientifically-backed information and supporting our members from diagnosis through treatment. Private Health.
SOURCE Private Health Management, Inc.
