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🎙️ Episode 274 | Transforming Healthcare Costs: Innovations in MSK Pain Management
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In this healthcare payers focused episode, our guests Dr. Jeffrey Krauss, Chief Medical Officer at Hinge Health, and Dr. Mark Steffen, SVP Medical Management and Chief Medical Officer at BCBS MN, dive into the critical issue of musculoskeletal (MSK) pain management and its impact on healthcare costs. Dr. Krauss addresses how Hinge Health is tackling MSK pain, a significant driver of healthcare spend after cancer. He explains how Hinge Health is leveraging dynamic solutions to empower individuals to better manage their musculoskeletal conditions, ultimately reducing the need for costly interventions like surgeries and opioid medications. Dr. Steffen shares BCBS MN’s approach to evaluating success metrics, whether through ROI, VOI (Value on Investment), or other benchmarks, in collaboration with innovative healthcare partners like Hinge Health. Both guests explore the transformative impact of integrating Hinge Health’s solutions within BCBS MN, highlighting shifts in patient outcomes and cost management strategies. The podcast addresses the specific targeting of older individuals in the Medicare population, a demographic at heightened risk for costly treatments. Join us for an insightful exploration of how strategic partnerships and data-driven healthcare solutions are reshaping MSK pain management, driving down costs, and improving patient quality of life.
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