CHG Healthcare wins Health Value Award for improving the value of specialty drugs
Award recognizes work leading healthcare staffing organization does with VIVIO Health to reduce costs, improve quality for CHG employees
Washington, D.C. (May 4, 2018) – CHG Healthcare, a leading healthcare staffing agency, won a prestigious first place Health Value Award for its work with VIVIO Health to bring down the cost of specialty drugs for its members while improving service and quality.
The Health Value Awards were created to highlight organizations that consistently deliver significant value, relative to their peers. More than 350 healthcare organizations and employers were nominated in 13 categories and awards were announced earlier this week at the 2018 World Health Care Congress.
Different than a pharmacy benefit manager (PBM), VIVIO Health makes specialty drugs available based on real-world effectiveness and individual patient needs, not a profit-driven formulary. CHG Healthcare employees, their family members, and providers have access to the right drugs based on individual data rather than general policies. The VIVIO Health program yielded 5:1 return on investment for CHG Healthcare in 2017, the first year of the program.
“VIVIO Health’s specialty solution is exciting and innovative,” says Nicole Thurman, CHG’s Vice President, Talent Management. “They delivered on their dual promise of savings and happier members while helping us change the status quo.”
“Specialty drugs cost too much and often don’t work as expected,” explains VIVIO Health CEO Pramod John. “PBM and Carrier contracts are too complicated and focus on the wrong metrics, so self-insured employers end up paying inflated prices for drugs that often don’t work. The entire CHG HR team deserves kudos for its pioneering work in this important space. We are just delighted CHG Healthcare was able to deliver better care for their people and see tremendous savings.”
About CHG Healthcare
Founded in 1979, CHG Healthcare is a leader in healthcare staffing and the nation’s largest provider of locum tenens services. Through its trusted brands — CompHealth, Weatherby Healthcare, RNnetwork, Foundation Medical Staffing and Global Medical Staffing — the company provides temporary and permanent placement of physicians, allied health professionals, and nurses to healthcare facilities across America. CHG prides itself on having a values-driven culture that focuses on Putting People First. The company is known for its award-winning culture and benefits and has been named one of Fortune magazine’s “100 Best Companies to Work For” each of the past nine years. To learn more about CHG’s workplace culture, visit www.chghealthcare.com
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About VIVIO Health
VIVIO Health is a specialty drug management company providing better outcomes at lower costs. VIVIO Precision Care™ is a specialty drug plan powered by VIVIO qClinicals™, a continuous improvement care model. We use data and analytics to make drugs available based on real-world effectiveness and individual patient needs, not an arbitrary formulary selected for profit maximization. Employees and physicians have access to the right drugs based on individual data rather than general policies. Our precision care program typically yields annual savings in the 20-30% range for mid-sized and large self-insured employers. Visit www.viviohealth.com
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