Lucet’s 2024 Validation Report Quantifies the Significant Cost Savings Associated with Navigate & Connect
July 16 2024 - 10:00AM
Business Wire
Lucet, the behavioral health ecosystem for health plans,
providers and members, today announced the results of the company’s
2024 Validation Report. Certified with the Validation Institute,
the cost savings analysis verified that members who were navigated
to an appointment with a behavioral health provider through Lucet’s
Navigate & Connect had claims-verified lower total medical
expenses and decreased hospital admissions than members who
navigated into care on their own. With nearly 3,000 members
connected to care in one calendar year with Navigate & Connect,
the analysis concluded that Lucet realized a $227 per member per
month (PMPM) reduction in total medical expenses for a 12-month
post-period, for a total of $8 million in annual cost
avoidance.
Lucet is dedicated to fundamentally changing how patients
navigate behavioral health care and how providers and payers ensure
that the right treatment options are available to all who require
them. In January 2023, the company launched Navigate & Connect,
a tech-enabled solution purpose-built to solve the most pressing
issues in behavioral health today – connecting members to the care
they need when they need it. Since launching last year, Navigate
& Connect has empowered health plan partners to increase
successful claims-based connections to care by 72% compared to
traditional methods.
“Effective and affordable treatment options for behavioral
health can have an immensely positive impact on patients, their
loved ones, care delivery teams, and employers. Validation
Institute is proud to recognize Lucet’s accomplishments in cost
savings and award validation to the organization for Navigate &
Connect,” said Craig Sharpe, COO, Validation Institute.
Additional Report Findings
The analysis matched 2,944 health plan members who enrolled and
kept their appointment with the Lucet-matched clinician to 3,341
members who utilized Navigate & Connect but engaged into care
with a different therapist or psychiatrist than recommended
(control group). The two groups were evaluated on multiple
potential cost, utilization and demographic variables and were
matched on variables that were statistically significant
differences between groups. Groups were matched on line of
business, age, pre-period inpatient hospitalization utilization,
pre-period emergency department use, medical expenses in the period
before the program, and a referral to behavioral health care
management in the period immediately preceding the connection to
care. Medical costs and these other factors were adjusted via
propensity matching so the two groups were comparable. Then, a
linear regression analysis was conducted to evaluate the impact of
the Lucet’s intervention on the change in PMPM total medical
expenses from before to after. The savings were analyzed to test
whether it was significant, controlling for confounding variables,
and not just a normal fluctuation.
Members who were directly scheduled and connected with their
matched behavioral health provider via Navigate & Connect had
an increase of $80 PMPM total medical expense from the before to
the after period, whereas the control group’s PMPM went up $306 - a
$227 PMPM difference. The variance between the two groups was
significant, meaning that it was larger than a normal fluctuation
and through linear regression can be attributed to the identified
intervention. In addition, inpatient stays per member month went
down almost 19% in the Lucet-matched group, while the comparison
group had a 6% increase in inpatient stays from the pre- to the
post period.
“According to SAMHSA, around $280 billion was spent on mental
health services in 2020 alone. With affordability continuing to be
a major barrier to connecting people in need with behavioral health
resources, finding cost-effective ways to deliver necessary care
remains a priority for our industry,” said Shana Hoffman, CEO of
Lucet. “As demonstrated by our analysis, Navigate & Connect has
a certified track record when it comes to reducing total medical
expenses and decreased hospital admissions for our health plan
members.”
To read the report in full, and the methodology behind the
research findings, please visit
https://validationinstitute.com/validated-provider/lucet. To learn
more about Lucet and how the company’s Navigate & Connect
platform is revolutionizing how behavioral health care resources
are accessed, please visit https://lucethealth.com/.
About Lucet
Lucet is the only end-to-end solution enabling member connection
to care across the entire acuity spectrum and supporting
patient-provider matching— improving access through quality, speed
and outcomes. Our unique combination of people, clinical expertise
and technology is changing how health plans manage their networks,
providers manage care pathways, and members manage their health.
Powered by more than 15 million assessments and more than 20 years
of data, Lucet is proven to successfully identify and connect
people across the entire acuity spectrum with the right care in
less than five days on average, and often as little as one day.
Lucet is headquartered in Overland Park, Kansas. For more
information, visit LucetHealth.com.
About Validation Institute
Validation Institute provides unbiased, data-driven insights on
healthcare solutions and services by validating performance claims
made by healthcare solution providers and educating purchasers to
drive transparency in the marketplace and maximize cost-savings.
More information is available at www.ValidationInstitute.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240716212519/en/
Media: Jessy Green for Lucet 401-490-9700 lucet@svmpr.com