Mission: To offer tradable bundled payment contracts (TBPC) for healthcare services. This allows self-insured corporations and healthcare providers to discover price and manage price risk in healthcare on a competitive and transparent basis.
Value Proposition: Tradable bundled payment contracts increase profits and predictability for employers and hospitals, while improving healthcare quality, cost, and access for patients. This type of contract is known as a bilateral, forward, or future (hence our name) which have been around for 100 years.
Example: Tradable bundled payment contracts are simple and reflect various risks, for example: 1 coronary artery bypass graft for March delivery in Boston; or the annual claims of 100 persons 18-65 years old in the mid-atlantic region.
Buyers and Sellers: Self-insured employers, healthcare providers, third party administrators, and insurance carriers; with speculators providing additional liquidity.