castlight presentation

10
Castlight Health helps companies and their employees make better, more informed health care choices that reduce costs and improve the quality of care. An Employee Benefit Partner With IAML Services, Inc. 450 Newport Center Drive, Suite 390 Newport Beach, CA 92660

Upload: iamlservices

Post on 15-Dec-2014

65 views

Category:

Marketing


0 download

DESCRIPTION

 

TRANSCRIPT

Page 1: Castlight presentation

Castlight Health helps companies and their employees make better, more informed health care choices that reduce costs

and improve the quality of care.

An Employee Benefit Partner With …

IAML Services, Inc. 450 Newport Center Drive, Suite 390

Newport Beach, CA 92660

Page 2: Castlight presentation

• Castlight Health (NYSE: CSLT) is a pioneer of the Enterprise Healthcare Cloud and a leading provider of cloud-based software for healthcare.

• Founded in 2008, San Francisco-based Castlight makes healthcare data actionable.

• Empowers companies and employees to engage in healthcare decisions to gain control over healthcare spending.

• More than 100 self-insured companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Castlight.

• Ranked # 1 in Top 50 Venture-Backed Companies by the Wall Street Journal.

About Castlight Health

Page 3: Castlight presentation

The Problem Facing Most Companies

• U.S. health care spending is forecasted to total approximately $3.1 trillion in 2014, with $620 billion of this amount to be paid by U.S. employers.

• Our health care system is burdened by significant waste and extreme variations in the cost and quality of care with limited correlation between the two.

• The absence of transparent information and the misalignment of economic initiatives make it difficult, if not impossible, for employers and their health care providers to make judicious health care choices.

• Employers and their employees have not had access to clear information about cost and quality of care as they consider health care treatment options.

THE BOTTOM LINE…

WITHOUT TRANSPARENCY AND TIMELY INFORMATION ON HOW TO EVALUATE PURCHASES, COMPANIES SPEND TOO MUCH ON HEALTH CARE

Page 4: Castlight presentation

Solution

Castlight enables self-insured employers to introduce innovative, shopping-based benefit designs that engage employees in their health care choices.Castlight Health Platform provides:

Precise Cost and Quality Information - helps employees reduce their spending and improve their quality of health care at the same time. The Castlight dashboard presents personalized costs alongside quality information to help employees get high-value care.

Personalized Experience - provides a personalized health care platform that organizes past care, tracks spending, and offers opportunities for higher-value care. For example, Castlight Alerts deliver targeted tips based on a user's past care.

Tailored Education - Castlight's integrated clinical education enables shoppers to make savvier health care decisions. For example, learn when an MRI is needed and when it's not. Castlight's chronic conditions contents, on topics from diabetes to depression, helps employees plan and budget for ongoing health care challenges.

Breakthrough Engagement - Castlight has established a series of winning practices that can engage and motivate even the most challenging employee populations. Castlight has created a compelling communications curriculum that can be easily tailored to your unique needs.

Full Integration - Castlight provides one centralized platform for the promotion of all your employee benefits and programs. Employees can access all of their health care information in one place. They will be glad there is no more sifting through multiple web sites, and for employers, all the data is integrated seamlessly on the back end.

Page 5: Castlight presentation

Empower Your Employees

Castlight Health’s simple, cloud-based platform helps direct employees to high-value care, while preserving their option to choose their own specific providers. Castlight works with companies to provide fair prices for medical services and procedures, and educates users to make fully informed decisions about their care.

Sample employee dashboard

Page 6: Castlight presentation

Partner Case Study

Challenge - Life Technologies Corporation is a global biotechnology tools company dedicated to improving the human condition. In 2010, Life Technologies shifted to a consumer-directed health plan (CDHP) to help reduce the impact of skyrocketing health care costs. Some of the challenges associated with the CDHP rollout were plan understanding by the employees, health care decision-making and wellness program utilization.

Program - In January 2011, Life Technologies implemented a health care management suite with Castlight Health. Life Technologies’ “Take Charge” campaign used five best practices in employee engagement to achieve a successful launch of the CDHP with Castlight. These strategies included, involving all stakeholders, delivering content through multiple channels, providing incentives, driving the message home from the top and making all of the communication person.

Solution/Outcome - As a result, Life Technologies was able to drive a 13% reduction in health care spend versus projections. This provided Life Technologies the ability to increase their investments towards creating a culture of wellness. “Castlight Health helped us reinforce this message throughout this transition,” said Mendoza. “In fact, our employees feel empowered because of their access to information about the cost and quality of their health care services.”

Page 7: Castlight presentation

Castlight Makes it Easy

Castlight Handles The Implementation – Castlight Health has met or exceeded 100% of their customers' implementation expectations.

Castlight Protects Your Information - When Castlight’s application is accessed through a browser, Secure Socket Layer (SSL) technology protects information using encryption that ensures that data is safe, secure and only available to the correct person.

Validation & Privacy - Castlight requires a multi-step process for employee identification and authentication. This safeguard protects users' privacy in full compliance with HIPAA standards.

Advanced Security - Castlight takes a multi-layered approach to security to ensure that your data is safe. We host our servers in a world-class data center and utilize multiple levels of security. We've passed the toughest security requirements for some of the biggest companies in the world.

Page 8: Castlight presentation

A Few Representative Castlight Health Clients

Page 9: Castlight presentation

To schedule a 30 minute introductory call or meeting, please contact:

IAML Services, Inc. 450 Newport Center Dr., Suite 390Newport Beach, CA 92660(949) 760-1700

Let’s Start a Conversation

Castlight Health would appreciate the opportunity to speak with the stakeholders in your organization about how the Castlight platform can reduce health care costs while providing better outcomes within your employee population. Hundreds of organizations have utilized the Castlight model and we are confident your organization could benefit from their solutions too.

Page 10: Castlight presentation

IAML Services, Inc. is a full service provider of employee benefits solutions. By partnering with many of the nation’s top service and product providers, IAML Services can help employers lower their employee benefit costs and administrative demands while providing a "best- in-class" employee benefits portfolio for their employees. Our partnerships include:

IAML Services, Inc. is an affiliate of the Institute for Applied Management & Law, Inc. (IAML). For the past 34 years, IAML has been the leading provider of state-of-the-art public and in-house training and certificate programs in Employment and Benefits Law, and HR Management. In addition, IAML offers AudioPro Teleconferences, Extensive E-Learning and DVD Programs. IAML Services, Inc. is an extension of IAML’s commitment to provide the best possible programs, products and services to our valued clientele.

Please contact:

IAML Services, Inc. 450 Newport Center Dr.,Suite 390Newport Beach, CA 92660(949) 760-1700