Self-Funded With Spencer Data Analytics for Brokers - NavMD - Glenn Fisher
NavMD is a Data Analytics Platform for Brokers in the Employee Benefits space. Glenn Fisher is the Managing Partner of NavMD and acquired the company back in 2018. He is also one of the flat out coolest guys I know!
Glenn is also a serial entrepreneur, having built businesses in the waste management space, FinTech, and now in Data Analytics at NavMD.
The focus of episode 62 is the power of having a data analytics platform for your employers. If you want to know what is driving your claims costs up, ultimately causing your premiums to increase every year, you have to know the source of those claims.
NavMD helps consultants uncover this information for their clients, using proprietary methods to identify "episodes of care", which expose opportunities for savings. NavMD can also produce risk scores for employers, to assist stop loss carriers with underwriting the risk.
https://navmd.com/
Chapters:
0:00 Intro Hook
0:37 Hello to Glenn Fisher
1:30 Glenn's Backstory
2:06 The Marine Corps
4:30 Waste Management
10:25 The Shift to Fintech
17:35 Acquiring NavMD
21:15 What is NavMD Data Analytics
35:50 The Future of Data