Savvos created the nation's largest marketplace of affordable cash prices for elective outpatient care, including imaging, surgery, labs, and more. Our solution redefines the healthcare experience of patients, payors, and providers by connecting all participants in the healthcare decision to create bundled pricing in real time, simplify scheduling, secure payor approval, and guarantee immediate cash payment™. Savvos eliminates the need for health plans to develop networks or direct contracts for elective outpatient care by making immediate cash payment the future of mainstream healthcare. Savvos members know the cost when scheduling care, and providers are paid immediately; this unique combination reduces medical costs up to 90% compared to traditional networks or legacy billing practices. The implementation of immediate cash payment solutions within health plans has resulted in a drastic cost reduction compared to billed charges, contracted rates, direct contracts, and allowable amounts for elective outpatient care. The examples below are pulled from actual procedure requests within the Savvos system: Example 1: Inguinal Hernia Repair CPT Code 49505 Zip Code 46123 Proposed Cost Without Savvos: Billed Charge for Facility Only: $19,739 Allowed Charge for Facility: $13,560 Allowed Charge for Surgeon: $2,200 (estimated cost) Allowed Charge for Anesthesia: $800 (estimated cost) Total Allowed Charge without Savvos: $16,560 Savvos Solution: Immediate Cash Pay Bundled Price: $8,330 Result: 49.7% reduction in costs through Savvos Example 2: Tympanostomy CPT Code 69436 Zip Code 23502 Proposed Cost Without Savvos: Allowed Charge for Bundled Price: $11,810 Savvos Solution: Immediate Cash Pay Bundled Price: $2,200 Result: 81.4% reduction in costs through Savvos Example 3: Cervical Disc Rep CPT Code 22856 Zip Code 80233 Proposed Cost Without Savvos: Billed Charge for Facility & Anesthesia: $85,000 Allowed Charge for Facility & Anesthesia: $34,450 Allowed Charge for Surgeon: $4,068 Total Allowed Charge without Savvos: $38,518 Savvos Solution: Immediate Cash Pay Bundled Price: $12,500 Result: 67.55% reduction in costs through Savvos Example 4: Total Lap Hysterectomy CPT Code 58570 Zip Code 92861 Proposed Cost Without Savvos: Allowed Charge for Facility: $27,325 Allowed Charge for Surgeon: $4,200 Allowed Charge for Anesthesia: $1,108 Total Allowed Charge without Savvos: $32,633 Savvos Solution: Immediate Cash Pay Bundled Price: $7,895 Result: 76% reduction in costs through Savvos The movement towards price transparency requires more than a casual listing of chargemaster prices or regional averages. Savvos connects patients with actual prices from facilities located in the patient’s local market, resulting in dramatic cost savings to the health plan. Most patients are provided with generous financial incentives to engage with affordable providers through Savvos, including waiving the deductible or waiving all out-of-pocket costs. The results of implementing Savvos are powerful: 1. Enhanced member experience through Savvos messaging center that connects all parties involved in the decision-making process for a specific procedure 2. Dramatic cost reductions for health plans 3. Improved member benefits through generous incentives such as deductible waivers 4. Immediate cash payment to participating providers
Bacon Inc. operates an online platform that facilitates on-demand employee hiring services. Founded in 2018 and based in Provo, Utah, the company has developed a mobile application designed to connect established businesses with local gig workers. Through this app, employers can post part-time or temporary job shifts, while potential workers can apply for these shifts based on their availability. The platform emphasizes the importance of ratings and reviews, allowing both parties to evaluate each other before engaging. This structure enables businesses to efficiently fill positions with qualified labor, while providing workers the flexibility to choose work that fits their schedules.
Uplinq is a Toronto-based company founded in 2021 that specializes in developing an advanced financial insights and analytics platform for small business lenders. The platform offers credit decision support by analyzing a wide range of unique and validated data signals that extend beyond traditional credit indicators. This comprehensive approach enables lenders to assess the creditworthiness of small business customers, particularly those from underserved, unbanked, minority, and immigrant backgrounds. Uplinq’s technology helps financial institutions and fintechs enhance their understanding of traditional small and medium-sized businesses, while also ensuring compliance with regulatory requirements. By improving the credit assessment process, Uplinq aims to empower lenders to make more accurate credit decisions and better manage risks associated with loans.