Garner Health

An exciting release for Garner! A new study by Aon validates there is a better pathway forward to help reduce healthcare costs for employers. Employers using Garner saw a 7.4% reduction in medical spend—an average of $345 in savings per member, per year requiring no plan design changes. The Highlights: •Zero Disruption: These savings were achieved with no plan design changes and no network shifts. •Massive Efficiency Wins: For employees aged 19–29, spend moved from 6% above benchmark to 20% more efficient. •Proven ROI: Savings were driven by helping members find the highest-quality doctors within their existing networks. At Garner, we believe you shouldn't have to choose between happy employees and a healthy bottom line. Read more about the findings here: https://lnkd.in/eemk9pEX

When I was starting Garner Health I remember reviewing the work done on hospital quality at U.S. News & World Report and thinking about ways to use data to measure doctor quality. Fast forward and today US News & World Report is covering Garner's story! I'm excited to share our traction and how we're helping over 2 million people find high quality care. Look out for more exciting product updates in the coming weeks! https://lnkd.in/erBHkP4R

For most employees, the First Dollar of their deductible is a barrier. For their employers, that same dollar is often the start of a much more expensive problem. Traditional HSAs were designed to lower premiums and make employees “shoppers." But in reality, when an employee is responsible for that first dollar, they often end up shopping on price alone, rather than on value. Join our upcoming session to unpack the ripple effect this has for employees who see low-quality care and for employers whose high-cost claims impact their bottom line. Title: The First Dollar Problem: What Employers Need to Know to Make HSAs Work  📅 Date: Tuesday, April 7th  ⏰ Time: 1:00pm ET | 10:00 am PT Register now and save your seat! https://lnkd.in/eT69TEYD

This week in stunning Coronado, CA we brought together some of the brightest minds in healthcare at the third Garner Strategic Benefits Summit. We were fortunate to hear from experts Dr. Asima Ahmad, Lee Lewis, Kerry Finnegan, Jennifer James, Molly Strader Fruit, Erica Hedberg, Jude Bill, and Ross Campbell who shared insights and new perspectives – like how to leverage data-driven strategies to improve employee health outcomes while managing rising costs. Beyond the sessions, attendees connected in unique ways, from paddling along the Pacific to exploring Coronado island’s rich history, or simply recharging at the spa. It was a week full of conversation, collaboration, and actionable ideas to move the industry forward. Thank you to everyone who joined us. The momentum continues, and we can’t wait for what’s next. If you're interested in attending a Garner event, reach out at events@garnerhealth.com.

GLP-1s and specialty drugs now account for over 50% of employer Rx spend. It’s not just the drug prices either. There’s a complex web of distorted incentives and hidden factors that make pharmacy one of the biggest drivers of healthcare costs overall. Join us for a live session where we’ll share new Garner data that reveals: • How distorted financial incentives for PBMs drive up costs. • Why GLP-1s are shifting the entire pharmacy landscape. • How to manage Rx spend without compromising employee care. Stop guessing at the "why" behind rising renewals and start seeing the data. Save your seat here: https://lnkd.in/gUFT6EQY

In case you missed it, we have a new episode of Margin of Care. In this conversation, Kirk sits down with Dr. Asima Ahmad, MD, MPH, FACOG, DABOM, Co-Founder and Chief Medical Officer at Carrot, to talk about how employers should be thinking about fertility, menopause, and lifelong hormonal health support. One of the biggest takeaways: many people assume fertility care automatically means IVF. Dr. Ahmad explains why that is not always the case. With the right education and guidance early on, people can better understand their options, plan ahead, and in many cases explore paths that may help them avoid more intensive treatment. For employers and advisors, this is a powerful reminder that access to information and support can change outcomes just as much as access to care itself. Listen to the full episode here:   https://lnkd.in/gB3EdgQG

Back in 2009, Nick Reber went to see a doctor at a big New York hospital, for help with persistent pain in his back. When the doctor recommended surgery in his mid-back, he underwent the procedure. But he later learned that the real problem was higher up, in the cervical spine. When that first surgery resulted in complications, he had another one—ultimately undergoing four surgeries on his back. “I was misdiagnosed and mistreated,” he told Forbes. “I probably needed between zero and one [surgeries]. I live with a bunch of back pain and it’s a big part of my life.” The experience was eye-opening for Reber, a data guy who worked then as co-head of research analytics at hedge fund Bridgewater Associates. So he did what any researcher does: He started reading up on healthcare policy and economics. He eventually came to believe that if he’d only found a better doctor, he could have saved years of pain and several thousands dollars in medical bills beyond what his insurance covered. He realized that if data like complication rates and hospital readmissions could find the best physicians, it should be able to reduce overall cost, too. That’s the idea behind Garner Health, which Reber founded in 2019. Keep reading: https://lnkd.in/gGMcp5de (Photo: Garner Health)

Today marks a milestone moment in Garner Health's journey. We are thrilled to announce that we have raised $118 million in funding. Our Series D round, led by Kleiner Perkins, brings our total capital raised to approximately $200 million. The funding will help us scale our efforts to close the healthcare quality and cost gap. From our humble beginnings to now serving 2.5 million members, our goal has remained the same: to help patients find the best doctors using better data and smarter incentives. As we grow and scale, we are looking for mission-driven people to join our team: https://lnkd.in/gmnYaAE9 We’re building a fundamentally new marketplace that rewards quality and puts patients first. Read more on Garner’s future from our CEO, Nick Reber: https://lnkd.in/gheakq3M

I’m thrilled to announce that Garner Health has raised $118 million in new funding at a value of $1.4 billion. We are in the middle of a healthcare crisis and the only solution is arming patients with better data and smarter financial incentives. Garner is leading the way in fixing this problem, and – alongside the support from our investors at Kleiner Perkins, Redpoint, Maverick Capital, Kaiser Permanente Ventures, Mercy, PLUS Capital and more. Thank you to the 2.5 million members and 700+ companies who use Garner today. Your trust in our platform is what fuels us to keep building a better healthcare system. Grateful to Amy Feldman covering our story in Forbes! https://lnkd.in/eqW-d_RB