Recent Posts by Patrick Thornton

Serving in our Community

A quote has been in my mind for the past several days. “Ask not what your country can do for you, but what you can do for your country,” by John F. Kennedy. In the lead up to the storm, I worked with eight of my immediate neighbors to prepare ourselves for Irma. As we…
Read more

Disrupting Chaos

The health insurance industry has been in a state of chaos for decades, but the major players in the industry are in no hurry to make any changes. Within the past 10 years: Health insurance carriers’ profits have almost doubled from $8 billion to $15 billion. Hospital revenues have grown from $760 billion to $936…
Read more

Consolidation

The healthcare industry has been undergoing consolidation for many years. The newest trend involves hospitals purchasing physician practices, taking over office administration, adding the doctor and his employees to their payroll. On the surface, this doesn’t seem like it would make much difference, but when we look deeper, the impact on costs is significant. Let’s…
Read more

In the Dark

Monday, my daughter sent me this photo from the path of totality. It caused me to reflect on many things, including my business, employee benefits.

Over the past decade, insurance rates have increased by double digits, year after year. Meanwhile insurance carrier’s profits have almost doubled over that same time frame. (Source)

In a solar eclipse, the moon passes between the sun and the earth, blocking the sun’s light from the earth’s surface. The healthcare landscape is eclipsed by the insurance industry. Insurance carriers and government legislation pass between healthcare consumers and healthcare providers, leaving the landscape in darkness. Solar eclipses are rare and fleeting events, but the insurance eclipse is continuous.

The status quo is good for the insurance industry. As premiums increase, carrier profits soar, and shadows lengthen.

There is a way out of the darkness. We illuminate the healthcare conversation for businesses across the country as we connect them with improved quality outcomes, greater access to healthcare, all while controlling costs.

Contact me.

Recent Comments by Patrick Thornton

No comments by Patrick Thornton yet.