Company Filing History:
Years Active: 2014
Title: The Innovative Contributions of Beth Bierbower
Introduction
Beth Bierbower is a notable inventor based in New Albany, OH (US). She has made significant strides in the healthcare industry through her innovative approach to reducing healthcare claim costs. Her work focuses on integrating financial incentives with member engagement metrics, showcasing her commitment to improving healthcare systems.
Latest Patents
Beth Bierbower holds a patent for a method designed to use financial incentives alongside member engagement metrics to reduce healthcare claim costs. This innovative healthcare plan system sets pre-defined targets for member engagement metrics. Claims cost targets for the sponsor are established based on the achievement of these engagement targets. If the claims cost target is not met, the health plan administrator is required to repay or reduce the administrative fees charged to the sponsor. Conversely, if the target is achieved, the sponsor pays additional fees to the health plan administrator. This system also includes provisions for repaying or reducing base administrative fees if the health plan administrator fails to meet service performance targets. Throughout the plan year, sponsors receive scorecards to appraise their progress on member engagement and service performance metrics.
Career Highlights
Beth Bierbower is currently employed at Humana Inc., where she continues to develop innovative solutions in the healthcare sector. Her work has garnered attention for its potential to significantly impact healthcare costs and member engagement.
Collaborations
Beth collaborates with several colleagues, including Traci Elliot and Beth Grice, to further enhance the effectiveness of her initiatives and drive innovation within her organization.
Conclusion
Beth Bierbower's contributions to the healthcare industry through her innovative patent demonstrate her dedication to improving healthcare systems and reducing costs. Her work exemplifies the importance of integrating financial incentives with member engagement metrics to achieve better outcomes in healthcare.