Here's One Way To Improve Healthcare for Entrepreneurs
Psilos is launching a startup in California, SeeChange Health, to sell insurance plans for people with chronic but manageable diseases. If you take care of yourself according to medically accepted standards, you save money on premiums and the medical industry saves money on care. SeeChange's product is designed for individuals and small businesses, but the startup is a subsidiary of a holding company Psilos put together that combines an acquisition -- HNA Triveris, a 19-year-old New Jersey company that administers claims for employers who insure themselves -- with technology from other Psilos portfolio companies. Triveris has a robust electronic health record, according to Lisa Suennen at Psilos, and another Psilos company, HealthEdge, has a transaction processing system for managing insurance plans. The idea is to to use the technology to customize different health plans for the same employer, since employees are likely to have different and sometimes multiple chronic diseases.
