Providence Health Plan Announces TPA Partnership with Collective Health to Transform the Self-Funded Employer Healthcare Experience

Providence Health Plan Powered by Collective Health^® introduces innovative health benefit administrative services platform designed to meet evolving needs of self-funded employers

PORTLAND, Ore. & SAN FRANCISCO--(BUSINESS WIRE)--Providence Health Plan (PHP), a regional, nonprofit health plan serving communities in Oregon, Washington and California, and Collective Health, a leading employee health benefits platform with integrated member advocacy, clinical navigation, and an extensive partner ecosystem, today announced a groundbreaking collaboration that reimagines third-party administration (TPA) services for self-funded employers: Providence Health Plan Powered by Collective Health^®.

"We’re thrilled to announce Collective Health as our TPA partner,” said Don Antonucci, President and CEO of Providence Health Plan. “Combining PHP’s deep understanding of regional healthcare needs and trusted provider relationships with Collective Health's proven technology platform brings something unique to the market. The healthcare landscape is evolving rapidly, and self-funded employers need a partner who can anticipate and adapt to these changes. We believe that Providence Health Plan Powered by Collective Health^® will truly transform how employers manage their health benefits programs.”

Today's self-funded employers face unique challenges in managing their health benefits programs. They require sophisticated solutions that offer flexibility to integrate multiple vendors, robust data analytics, and the ability to customize plans for their specific employee populations – all while maintaining cost efficiency and administrative simplicity. In an independent claims cost study, Collective Health cut healthcare cost trend by 50% over 5 years.

"Too often, navigating health benefits is unnecessarily complex and fragmented, both for employers and their employees. That's why Providence Health Plan has chosen to integrate our flexible, technology-driven platform to elevate the experience of their clients and members," said Ali Diab, co-founder and CEO of Collective Health. "Working with Collective Health, PHP can ensure additional insights, more transparency and increased flexibility in managing health plans, along with the seamless and accessible healthcare experience that individuals who rely on those plans deserve. We are excited to see this TPA partnership with PHP go live, and for PHP members and clients to experience this streamlined and empowering health benefits platform."

The platform enables employers to optimize their healthcare investments around the clock while maintaining the flexibility to integrate best-in-class benefits from an intuitive digital experience that simplifies navigation. Employers gain access to sophisticated analytics and reporting tools that drive informed decision-making. Evidence demonstrates the impact of this approach, with a customer satisfaction score of 90%+ in a recent survey of Collective Health clients with more than half of clients responding.

"This represents a significant leap forward in how we serve our self-funded employers in our markets," said Scott Burton, Commercial Market President at Providence Health Plan. "Providence Health Plan Powered by Collective Health^® is a solution that combines Providence's trusted network and service excellence with cutting-edge technology that makes healthcare administration more efficient, transparent, and effective.”

This exclusive TPA partnership will be available to PHP self-funded groups and introduces a comprehensive administrative services platform that connects all healthcare offerings seamlessly, leverages modern technology for efficient scaling, and drives meaningful employee engagement in their healthcare journey.

About Providence Health Plan

Providence Health Plan (PHP) is an integral part of a 160-year-old nonprofit healthcare collective that has set the health and well-being standard for the communities we serve. Providence Health Plan and its affiliates provide high-quality, affordable health benefit plans and services to members across the West Coast via plans for small and large groups, self-insured plan sponsors, Medicare, and Medicaid beneficiaries, as well as individuals and families.

About Collective Health

Collective Health is the leading health benefits platform that brings together medical, dental, vision, pharmacy, and program partners into an integrated solution that better enables employees and their families to understand, navigate, and pay for healthcare. By reducing the administrative lift of delivering health benefits, providing an intuitive member experience, and helping control costs and improve outcomes, the company guides employees toward healthier lives and companies toward healthier bottom lines. Collective Health, Inc. is headquartered in San Francisco, CA and has additional offices in Lehi, UT, and Plano, TX. For more, please visit collectivehealth.com.