Lantern

We believe that transparency is the key to meaningful healthcare cost reductions. Today we’re publicly releasing the methodology we use to calculate surgical savings for our millions of members. Why are we doing this? Because there’s no consistent standard for how to calculate and compare episodic healthcare costs, and that’s unacceptable. The cost of healthcare is soaring, particularly in categories like specialty care, which have high acuity, high-cost moments. Employers, who provide healthcare for 150 million Americans, are under immense pressure to reduce costs without shifting more financial burden to employees.  Our methodology fixes the 7 biggest flaws in traditional claims analysis, so benefits leaders have more accurate insights and can make better decisions. We invite you to review our methodology, share feedback and join us in setting the new standard.  

Lantern is excited to participate in Mercer’s upcoming Total Rewards Seminars in Virginia Beach (Tuesday, 3/25) and Richmond (Thursday, 3/27). Mike Cook will join CarMax to discuss our partnership and highlight why specialty care—specifically surgery, cancer, and infusions—has become a key focus for employers in addressing rising cost, steering to quality, and driving affordability. Interested in joining? There’s still time to register below!

Mercer | Lantern Boston March 20th 2025 Thank you to the Mercer Boston team for hosting Lantern at the 2025 Spring Vendor Summit. It was great connecting with consultants over our shared passion for making high-quality local care accessible and affordable. Congratulations to Courtney Reilly on winning the Lantern raffle! Teddy Ireland | Nick Canessa

We’re excited for the Business Group on Health 2025 Annual Conference in Nashville this year. This conference is one of the best of the year to connect and collaborate with strategic healthcare decision-makers.  We’ve got a few exciting things to discuss—like our TrueRate™ Savings Methodology that we recently released after years of work.  If you’re attending, be sure to swing by our booth. Hope to see you all there. 

TRUE or FALSE: Traditional Centers of Excellence (COEs) have a bad reputation in the benefits world.   Unfortunately, that’s TRUE. Many traditional COEs earned their bad reputation by supporting too few procedures, engaging too few members, and delivering too little savings.   But there’s a better way.   Our Network of Excellence takes a modern, results-driven approach—focusing on high-cost healthcare categories like MSK surgery and cancer care to drive hard-dollar savings while ensuring members receive high-quality care. The result? Better outcomes, greater engagement, and bigger savings for your company.   We’ve brought in some heavy hitters in the benefits world to discuss this topic and share their insights:   Sara Richards, Director of Benefits at Red Bull Tabitha Pittman, Senior Benefits Manager at Integrity Shelly Towns, Chief Marketing Officer at Lantern   Join us for this webinar on COE strategies that actually deliver results. Register today: https://lnkd.in/ggXjV4h6

Lantern Unveils Savings Methodology to Increase Transparency for Specialty Care Pricing https://lnkd.in/g_ZbsQM3

I've been overwhelmed by the positive market response to Lantern going "open source" with our methodology a couple weeks ago. Seeing this endorsement from Caroline Pearson from the Peterson Health Technology Institute (PHTI), who has zero skin in the game other than to help raise the quality bar for all those in the employer health industry, was a great way to start my week. 

Marissa Plescia took a dive into our savings methodology for a piece in MedCity News.   She was spot on in her analysis: “…it is extremely challenging for employers to understand what they are actually paying for healthcare services because there is a lack of transparency and standardized methods for calculating savings.”   This is the crux of the issue in our industry, and it’s why our team spent years creating our savings methodology and validating it with third-party industry experts.   Benefits leaders need to know how we can save them, potentially, millions of healthcare dollars. Our savings methodology clearly defines episodes of care and pulls all pricing associated with that episode out of the black box to make it as transparent as possible. This should be the industry standard.   Please give Marissa’s piece a read: https://lnkd.in/g_ZbsQM3

Your Employees Are Choosing Between Their Bills and Their Health. That’s a Problem. What’s worse than an unexpected medical bill? Not going to the doctor at all because you know you can’t afford it. Your employees are making that choice every day. And when they delay care, small health issues turn into big, expensive problems—for them and your company. The fix? Join me and Lantern Chief Medical Officer, Dr. Jason Tibbels, next Thursday, March 27th for a free webinar: Employees Choose Between Bills and Their Health—Here’s How to Help. Register using the link in the comments. P.S.— You can earn free SHRM PDCs just by attending

The work Caroline Pearson and Peterson Health Technology Institute (PHTI) is doing to raise the performance bar for employer health solutions has stirred up some great conversations over the last two years. Honored to see their stamp of approval on the savings validation work we publicly released a couple weeks ago. Look forward to being part of many more change conversations with them….