VitalSpring Launches Code Blue Initiative to Help Employers Respond to New Health Law
MCLEAN, Va., April 14 /PRNewswire-USNewswire/ -- Code Blue is a new program launched by VitalSpring to help companies immediately cut costs on expensive solutions, hold insurance companies more accountable and put in place a strategy and framework to help companies adopt new provisions in the law. The program also includes monthly educational webinars and regional conferences to educate employers on how to respond to the new law.
"The Code Blue initiative will provide employers with the critical, up-to-date information we need to keep up with the rapidly evolving requirements and implications of Health Care Reform," said Mike Aldrich, Director of Compensation, Benefits & HRIS at Pativ Corporation.
With the new heath law now in place, employers across America are racing to identify how to best respond to many of the new provisions which include providing coverage for dependents, the tax implications for financial reporting and programs that ultimately help them control cost and hold insurance companies accountable. "The dollar in the healthcare system begins with the employer and its employees, and they were already struggling with how to manage cost and quality," said VitalSpring CEO Sreedhar Potarazu, M.D., and "now they are backed into a corner" and desperately need help.
About VitalSpring Technologies, Inc.
VitalSpring Technologies is the first enterprise software company to deliver business intelligence solutions that enable large, self-insured corporations and government agencies to better manage and control health care benefits costs. VitalSpring is the only enterprise software company focused exclusively on leveraging employers' purchasing power within their health benefits supply chain. The company received two consecutive product of the year awards – for 2003 and 2004 – by Human Resource Executive Magazine. For more information, visit http://www.vitalspring.com.
SOURCE VitalSpring Technologies
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