COLLINSVILLE, Conn., Aug. 13,
2024 /PRNewswire/ -- Goodroot, a community of
companies dedicated to improving access and affordability in
healthcare, has merged Medical Cost Advocate (MCA) into its benefit
navigation company, Emry Health. The combined companies are now a
center of excellence for helping clients successfully navigate the
complexities of the U.S. healthcare system.
MCA was founded by Derek Fitteron
in 2006 to help clients gain more value from their healthcare. The
company specializes in personalized healthcare concierge services
tailored to meet the unique needs of clients and their families. In
2022, Goodroot launched Emry, leveraging Fitteron's expertise to
develop a solution that assists employers and their employees in
maximizing the value of their healthcare investments by addressing
the underlying causes of high healthcare costs.
"When I partnered with Goodroot to establish Emry Health, our
vision was to make healthcare more affordable by helping employees
navigate the cost and complexity of their health benefits," says
Fitteron, Founder and Chief Executive Officer of Emry. "We believe
this merger will not only allow us to expand our offerings to our
concierge and corporate clients – but also allow us to bring our
expertise in reducing healthcare costs to a broader group of
people, including employers to make meaningful change
industry-wide."
Emry has grown rapidly making a significant impact on healthcare
costs for employer groups and their employees in under two years.
BenefitsPRO recognized Emry in the Humanizing Benefits
category of its 2023 Luminaries Awards saying, "Imagine a
healthcare system in which every patient has a personal advocate
looking out for them to ensure they receive the best care and avoid
medical debt. That's Emry Health's vision."
Emry helps employees understand their benefits, utilize them
appropriately and make cost-effective healthcare choices with
better care outcomes. Through its best-in-class member engagement
technology, Emry provides live benefit navigation experts as well
as virtual assistants that help patients compare pricing in advance
of procedures and diagnostics, resolve billing errors, apply for
financial assistance programs, negotiate lower cost bills and
more.
On average, Emry services produce cost savings of over
$1,700 per year per employee, though
often much more on an individual basis. A recent report from
Goodroot shows that care navigation is one of the most
powerful tools available to prevent medical debt.
MCA proudly serves a distinguished clientele, including
corporate executives, individuals transitioning out of corporate
life and their families, along with the largest private insurance
exchange in the United States. The
expert team at MCA delivers a comprehensive suite of healthcare
concierge and healthcare navigation services to over 80,000
members, including initial pretreatment guidance, post-care bill
review and negotiation, pharmacy guidance and more. Over the past
three years, these efforts have resulted in over $5 million in client healthcare savings.
With the merger, the Emry team gains the robust capabilities of
the MCA team, including seasoned experts with 20 to 30 years of
healthcare experience each, with expertise ranging from health
insurance and benefits navigation to medical claims review and
negotiation. The team includes multilingual advocates, licensed
brokers, and legal experts all dedicated to enhancing our services
and delivering unparalleled value to concierge clients.
"The combined expertise of Emry and MCA, backed by our team of
healthcare experts across the Goodroot community are uniquely
equipped to guide members to the highest quality of care at the
lowest cost, ultimately reducing healthcare costs and making
complex health benefits easier to use and understand," says
Goodroot CEO Mike Waterbury. "I'm
thrilled to merge these companies under the Goodroot umbrella to
continue to innovate in the benefit navigation space."
About Goodroot
Goodroot is a community of companies reinventing healthcare
one system at a time. With a shared mission of increasing
affordability and access in healthcare, Goodroot provides business
infrastructure to help visionary healthcare professionals launch
their own companies to fix chronic problems in the system.
Goodroot's community companies — AlignRx, Breez, CoeoRx,
Empara, Emry Health, Nuwae, Penstock and Sola —
offer innovative services and strategic guidance for healthcare
stakeholders such as employers, brokers, PBMs, health plans,
third-party administrators and hospitals. Goodroot was named a 2024
Top Impact Company by Real Leaders. goodrootinc.com
Media Contact:
Liz Chasse
860-254-6668
381613@email4pr.com
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SOURCE Goodroot