Lantern

Whether Michael Jordan or Larry Bird is the "GOAT" in your eyes, we can agree on one thing:   When you or a loved one need surgery, you want to see the best.   But identifying the "Michael Jordan of knee replacements" isn't as easy as checking out a top 10 list.   Here are a few ways Lantern defines quality in our Network of Excellence:   🏀 Specialization: Surgeons who do a specific procedure hundreds of times a year, not a few dozen 🏀 Appropriateness: Whether surgeons offer alternatives when surgery isn't the right path 🏀 Patient-reported outcomes: How patients describe functional recovery, pain, and mental health after surgery   See how these standards played out when Tom Oksanen at Thermo Fisher Scientific evaluated surgical COE partners, including what questions cut through marketing claims to get at real impact.   Full webinar on demand: https://lnkd.in/eG2nkQmb

Thermo Fisher Scientific was spending $40 million a year on surgery when they decided to look into a COE solution to help lower costs.   But as Tom Oksanen and his team started to look into solutions, they realized that improving access to quality care just as important.   "It started off with the pure economic opportunity, and then when we looked at how you address the quality aspect, you can do good all around. You can drive such better outcomes. It's a win for everybody."   He talked about what stood about Lantern's approach to quality, member experience and savings.   Watch the full conversation here: https://lnkd.in/eG2nkQmb

"I didn't spend a penny." That's what one Teamster told his fund chairman after getting his knee replaced through Lantern. For union leaders, that's everything. The last thing a union official wants is a member calling to say something didn't get paid, or they got pointed in the wrong direction. Carl Pecoraro at the Cleveland Bakers and Teamsters has spent 10 years building a system designed to eliminate exactly that call. He joined Lindsay Leeder, MSN, ARNP on our podcast to share how he's reached that goal and while maintaining 1% annual healthcare inflation (yes, you read that right). Listen to the full episode: https://lnkd.in/ev6CR8dN

Lindsay Leeder, MSN, ARNP successfully signed 10 Taft-Hartley funds within one year of joining Lantern. That's unusually fast.   Carl Pecoraro, Chairman of the Cleveland Bakers and Teamsters Health and Welfare Fund, shares what's driving that momentum from the fund leader's perspective, on the latest episode of Making Healthcare Sustainable.   Carl talks about what made him move forward with Lantern, how CB&T doubled our typical utilization benchmarks in the first four months, and what he tells other fund leaders who are still evaluating their options. His words: "To sign on with Lantern is a no-brainer."   He also breaks down the broader system he's built at CB&T—21 point solutions, zero member cost share, and 1% annual healthcare inflation for 10 years—and why he thinks more funds are ready to follow.   Listen to the full episode: https://lnkd.in/ev6CR8dN

Healthcare inflation at 1%? For 10 years?   It sounds hard to believe, but that's what Carl Pecoraro, Chairman of the Cleveland Bakers and Teamsters Health and Welfare Fund, has managed to accomplish.   The system Carl built was simple, but not easy. Today, his approach includes 21 point solutions designed to improve outcomes and control costs at the same time.   And, importantly, he has a reliable strategy for getting members to use the solutions they brought on.   Carl shares how he gets point solutions to work together, what he hears from members and how he drives members to use the program and see savings both for themselves and for the fund.   Listen to the full episode to hear how they did it: https://lnkd.in/ev6CR8dN

Dawn Beaudin, VP of Benefits at Hyatt, sat down to share why they kept expanding their program with Lantern. Surgery came first in 2022, with a mandatory requirement for spine, joint, and bariatric from day one. “We felt it was the right thing to do based on financial savings opportunities,” Dawn shared. “And, also, we felt it was a win-win because we weren’t taking anything away from the colleagues — we were giving them the opportunity to ensure they got high-quality surgeons that would take care of them.” Seeing the savings and care quality from Lantern gave the team confidence to go further. When infusion costs started climbing, Lantern gave Hyatt a path to move treatments out of high-markup hospital settings and into lower-cost sites or members' homes. They also brought on cancer care support: oncology nurse navigators colleagues could call anytime and NCI-level specialist review through AccessHope. "We've heard a lot of anecdotal stories from our colleagues that have just raved about the care they've gotten." And through it all: "We've definitely seen significant savings from the program." We're proud to partner with Hyatt and support their colleagues through some of life's hardest moments. Read more about Hyatt's multiyear experience transforming specialty care for colleagues: https://lnkd.in/eFbakdaG

🚩 𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐫𝐞𝐝 𝐟𝐥𝐚𝐠𝐬 𝐰𝐡𝐞𝐧 𝐞𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐧𝐠 𝐚 𝐂𝐎𝐄? Tom Oksanen, VP of Global Benefits and Mobility at Thermo Fisher Scientific , shared some of his: 🚩 Marketing claims without data 🚩 No separation between network developmentand clinical quality functions— a conflict ofinterest 🚩 Inability to demonstrate outcomes at the surgeonlevel, not just facility level He'll share more in our webinar 𝐭𝐡𝐢𝐬 𝐓𝐡𝐮𝐫𝐬𝐝𝐚𝐲. Save your spot and bring questions to ask Tom and Jason Tibbels, MD, FAAFP, Lantern CMO, live during the presentation: https://lnkd.in/eXggahVk

"Lantern doesn’t cut corners and say, 'You know what? We’ll just take somebody local who’s an okay person.' The quality of the patient care is the North Star."   Members and employers sometimes ask us why surgeons want to join the Lantern network.   Dr. Grant Zarzour shared that one reason he's part of Lantern is because of our philosophy around choosing surgeons.   Ensuring access to local care whenever possible is important. But if there's a disagreement between our network team and clinical team, clinical always wins.   Hear more of Dr. Zarzour's perspectives on surgeon quality on our podcast: https://lnkd.in/eqqZEgVd

More than 100 lanterns lit = more than $4,000 raised for the families of children diagnosed with cancer 💚 Fundraising for The Tomorrow Fund was a highlight of #SALGBA this year, but there was so much to appreciate: 🤝 Great conversations at our booth—and did you catch all the nautical details?! ⛵ A delicious meal by the water 🎤 Tom Friedman and Dickon Waterfield discussing Lantern's impact on savings and outcomes in North Carolina To everyone we connected with at SALGBA: we're grateful for the conversations. If we didn't get the chance to meet, we'd love to. What was your favorite part of the conference?

Nurses show up for Lantern members in some of their most vulnerable moments.   When you learn you need surgery, but you're not really sure what to expect. When you're unsure about your cancer treatment plan, but feel uncomfortable questioning your doctor. And sometimes, just to listen when no one else will.   Stephen Speicher, M.D., M.S. and Raymond Hwang, MD, MEng, MBA lead our teams of nurses and hear about these moments every day. They shared a special message for National Nurses Week in the video below.   From everyone at Lantern to every nurse on our team: thank you for the knowledge, the grit, and the heart you bring to this work. Our members feel it 💚