Cancer care for employers undergoes a groundbreaking transformation with precision personalized medicine. Explore how PHM is revolutionizing cancer care strategies, empowering employers with innovative solutions for enhanced employee well-being.
Cancer is a leading cost driver for employer health plans, making it crucial for organizations to have effective strategies in place to mitigate risks and improve outcomes for their workforce.
In the latest episode of the Healthcare on the Rocks podcast, Jennifer and David welcomed two guests from PHM, Natalya Gertsik and Tommy Axford, to discuss innovative strategies for managing employee benefits, with a particular focus on cancer care.
Below, you’ll find highlights and takeaways from their conversation. Ready to listen to the full episode? Click here.
Natalya highlighted several reasons why employers struggle with containing costs related to cancer:
Natalya defined precision medicine as medical care designed to optimize therapeutic benefits based on molecular signatures, including DNA, RNA, proteins, and the immune environment.
PHM is working to deliver precision medicine to patients through a team of Ph.D. scientists who develop data-informed treatment plans, enabling patients to live longer and better lives.
She also introduced the concept of personalized medicine, which considers factors such as culture, socioeconomics, and psychological factors to tailor treatment to the patient's individual preferences and needs.
Tommy outlined PHM's approach to supporting individuals facing cancer, which revolves around aligning the right people and processes to ensure optimal outcomes.
The People
The Process
Natalya shared the inspiring story of Ben, a husband, father, and grandfather diagnosed with stage 4B prostate cancer and given six months to a year to live. Through precision medicine and creative thinking, PHM enrolled Ben in a European clinical trial for a promising treatment not yet approved in the U.S. Ben's response was astounding, and he is still playing with his grandchildren eight years later.
Tommy: "This gives brokers, consultants, and employers a tool in their toolkit that can help them make a dent in those high-cost claimants that they have struggled with for years and decades."
Natalya: "When you're thinking about that 5 percent [of the workforce] and how to help them, often you need to think differently about the solution and the partner you're choosing."
As employers grapple with the rising costs of cancer care, precision, and personalized medicine offer a data-driven approach that considers both the molecular drivers of the disease and the individual needs of the patient.
By aligning the right people, processes, and support, PHM's Clear Cancer Care Management Solution empowers employers to transform cancer treatment for their workforce, improving clinical outcomes and mitigating financial risks.