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HEALTH & WELFARE
■ Medical
■ Pharmaceutical
■ Health Risk Assessment
■ Biometrics
■ Disability
■ Dental
RISK CONTROL
■ Worker’s Compensation
■ Safety
■ Productivity
■ Absenteeism
■ Presenteeism
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All. Together. Aligned.
How many different cost centers contribute towards
the total price of labor for your organization? How do
you evaluate the efficiencies or inefficiencies of each
cost center and how they interact with each other?
Traditionally, organizations “silo” each cost center and
manage them independently. Hays Companies’ Enterprise
Cost Containment™ methodology reverses the inherent
failures of “bucketed” cost-management by evaluating the
TRUECost™ of employment from the perspective of all
cost centers simultaneously.
At the core of Hays’ Enterprise Cost Containment™
approach is a TRUECost™ analytics engine that aggregates
data from virtually any cost center, including, but not
limited to:
The advantages of data aggregation through Hays’
TRUECost™ analytics engine include:
■ Consistency of data extracts
■ Continuity of data across multiple vendors
■ Audit data for errors
■ Simplified access to data through one portal
■ Timeliness through immediate access
■ Cost reductions by eliminating ad hoc report fees
■ Predictive Insight: Correlations observed in the data
allow employers to predict the likeliness of claims in
one cost center based on the empirical data from other
cost centers. Meaning, employers will finally be able to
achieve Enterprise Cost Containment™ by managing
the expense of all cost centers together.
ENTERPRISE
COST CONTAINMENT
Brought to you by Hays Companies
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For more information contact:
info@hayscompanies.com
or visit www.hayscompanies.com