We create a carve-out plan within your current self-insured health plan, specifically for employees with high-risk and high-cost health conditions.
This is done without disturbing the remainder of your plan structure or administration.
We don't change your health plans. We make them better.
Designed as a cost containment platform for self-insured employers, Veritycare is building an employer-facilitated healthcare marketplace collaborative where employers approach the healthcare marketplace together rather than as individual companies. Employers combine their resources to drive efficient, quality, and affordable healthcare, enabled by innovative healthcare financing, predictive technology, agile medical coordination and behavioral economics.
Who We Are
Veritycare is an Accountable Care Organization made up of groups of doctors, hospitals, and other health care providers, who come together voluntarily to provide coordinated high-quality care to the employees of midsized companies. The company is a specialized benefits manager of high-risk, high-cost medical conditions, providing personalized healthcare that helps ensure that patients, especially the chronically ill, get the right care at the right time, with the goal of avoiding unnecessary duplication of services and preventing medical errors.
The Full Picture
Your company chose a self-insured plan to reduce costs and increase control over claims, but maybe you’re starting to realize you’re not getting the full picture. Your provider network, your TPA, and your insurance carriers all have stakes in opposition to yours. It is time for employers to unite to take back the control of their health plans.
The Results
Through our proprietary process powered by AI, behavioral economics, and agile medical management, we are able to isolate and mitigate the high-risk, high-cost claims in your population and utilize personalized care management to obtain significantly better outcomes in less time with lower cost. This results in happier, healthier employees returning to work more quickly and less healthcare spend for the group. Best of all, we can do this at no direct cost and without interfering with your existing plan or broker relationship.
You’ll be amazed by our process. Here's how it works.
Veritycare’s patented cost reduction process leverages our team’s 120+ years of combined experience in healthcare management and administration to reduce your group’s claims spend by 40% or more — a claim backed by actual data from groups like yours. Our goals are to integrate healthcare financing and critical care management, increase care delivery consistency and efficiency via concentrated care networks, share risks across healthcare stakeholders, and create scale efficiencies for care coordination, contracting and financing management.
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This carve-out is placed in a group captive insurance company with other member employers.
- This captive is employer-owned and managed by Veritycare.
- Captive profits are re-distributed to member employers.
- We use a proprietary decentralized risk funding mechanism to reduce internal administrative costs over and above a standard captive.
RESULT: 20%+ savings on administrative overhead
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Our personalized healthcare approach ensures superior outcomes:
- We waive the employee’s deductibles and co-pay when they elect to engage with us.
- The employee is given personalized white glove care management and coordination.
- Our proprietary diagnostics engine powered by Johns Hopkins ensures the employee is receiving accurate and appropriate treatment.
- Our specialist physician network is tailored to your employees’ needs and location using only Centers of Excellence providers who have pre-negotiated rates.
RESULT: 40%+ savings on claims costs resulting from less waste and more efficient care
We care about your health. Meet the team.
The team is composed of medical management and business process experts with strong technology skills. They have experience in managing medical service companies and achieving excellent clinical and financial outcomes. The team also has a track record of providing medical case management and utilization management services to self-insured employers, insurance companies, and third-party administrators.
Dennis Picha
,
CEO and co-founder
Dennis Picha is currently the CEO of Veritycare Management, a Medical Risk Management company. He has over 20 years of healthcare experience helping employers manage their healthcare costs. Dennis has created three healthcare startups and was a partner and VP of Finance and Acquisitions forAccelerated Rehabilitation which sold for $300M in 2012. He is an entrepreneur ,an executive coach, and a senior business executive adept at helping companies realize enhanced shareholder value. Dennis holds a BS in Finance and Accounting from the University of Houston.
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Kenneth Meeker
,
COO and co-founder
Kenneth Meeker is the Co-Founder and Senior Vice President of Veritycare Management. He began his career with Lucent as a Senior Manager, responsible for managing the implementation of processes, support systems and delivery of support system training to a worldwide customer technical support organization of 4500+associates in 65 countries. He holds an MBA in Operations Management fromBenedictine University.
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Steven Griswold
,
ARM
Chief of Staff
Steven Griswold, ARM is president of Griswold & Griswold Insurance Agency, Inc. (GxG) a second-generation retail insurance brokerage. With over 20 years of experience in the group benefits industry and 13 years’ experience brokering property and casualty insurance, Steven brings a rare cross-disciplinary skillset to the Veritycare team. Steven's roles have spanned the gamut of group benefits design, implementation, marketing, and intensive collaboration with industry partners including other benefits brokers. Steven and his firm have long been hailed as industry trendsetters by readily adopting new technology and bleeding edge leadership practices. GxG was also the first retail brokerage to obtain the coveted B-Corporation designation and is a3-time "Best for the World" honoree.
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Donna Besch
,
Executive Vice President
Donna Besch is currently the President and CEO of Medical Case Management Group. Her practice spans over 30 years supporting employers in Group Health and Workers Compensation Services. She is a Registered Nurse, certified in 22 States. A Certified Nurse Case Manager and Life Care Planner. She is an expert in medical management and specializes in catastrophic care.
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Quentin Besch
,
Executive Vice President
Quentin Besch started his business experience with his education at the School of Management at Boston University. After acquiring his degree inBusiness Administration/Marketing from Fairleigh Dickinson University in NewJersey. He has been an educator for over 10 years, Vice President of CorporatePlanning for Liberty Laboratories in New Jersey, Senior Marketing Director of Galin Transportation in New Jersey, Financial Coordinator of Flynn Foundations ,in Raymond, Maine, and presently is the Executive Vice President/CFO of MedicalCase Management Group.
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Dr. Charles D. Mooney
,
MD MPH
Chief Medical Officer
Dr. Charles Mooney is a board certified Occupational Physician. He holds a Master of Public Health from theMedical College of Wisconsin and a Doctor of Medicine from Indiana University,School of Medicine. He is currently the Medical Director of OccupationalMedicine in the Iowa Specialty Hospital and Clinic System. He is also theMedical Director and Advisor for Veritycare Management.
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Dan Canobbio
,
Dan Canobbio. After a full scholarship toUCLA in Economics, Mr. Canobbio founded, raised funds for and launched 6companies with several exits, conceiving and writing 100+ patents, and over 60international trips in the consumer packaged goods space. His experience includes licensed product management with large partners such as Universal,Scholastic, Fisher Price, Walmart, and Oppenheimer. He has currently spent the last 3 years as a freelance advisor, co-running AEROE, managing a book of business north of $150M. His intersection with the Health care industry began when his family invested in a medical records start-up inSilicon Valley in the late 90's.
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Teamwork is everything. Introducing our partners.
We take immense pride in our robust network of partnerships. These strategic alliances have been instrumental in our journey towards success, enabling us to expand our reach, enhance our product offerings, and improve service delivery to our esteemed customers. Working collaboratively with our partners, ranging from industry leaders to innovative startups, has led to a rich exchange of ideas and insights, fostering a culture of continuous learning and growth.
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