Catalyst Solutions has released a white paper titled “Third Party Administration for Healthcare Payers,” which explores the unique needs of self-funded and fully-insured healthcare plans for third-party administration (TPA) services. The paper discusses the benefits and services that TPAs offer to address the dynamic and evolving healthcare landscape.
In the healthcare industry, constant change, mergers, acquisitions, partnerships, and government mandates add significant demands to healthcare plans already facing budget and resource constraints. To navigate these challenges, healthcare payers are increasingly outsourcing business processes to TPAs to help them focus on their core mission of improving healthcare outcomes.
TPAs provide essential administrative support to self-funded businesses and fully-insured healthcare plans. This outsourcing strategy not only reduces the administrative burden on healthcare plans but also leads to substantial cost savings.
Catalyst Solutions offers a comprehensive suite of TPA services, including a team of fully trained, US-based employees who handle the operational and technology functions required by healthcare plans or self-funded businesses. The company focuses on maximizing the performance of healthcare plans by taking a holistic approach to people, processes, and technology. Catalyst engages healthcare plans at a strategic level, aligning its outsourcing services with the customer’s business goals and becoming trusted advisors to help customers achieve better healthcare outcomes.
About Catalyst Solutions:
Catalyst Solutions has over 20 years of experience serving the payer industry. The company provides outsourced business process outsourcing (BPO), information technology (IT), and consulting services. As a diversity-certified, woman-owned business based in the United States, Catalyst’s mission is to help insurance payers reduce costs, optimize revenue, and improve member healthcare outcomes. They deliver flexible solutions tailored to the unique needs of payers and are committed to exceeding customer expectations with a focus on service excellence and positive change for clients and communities.
