Lowe’s Cardiac Surgery Deal with Cleveland Clinic

I’m currently trying to highlight innovative arrangements between employers and health care organizations that reduce cost, make use of Centers of Excellence, and generally move health care in a better direction.

In early 2010, Lowes cut a deal with Cleveland Clinic for cardiac surgeries. Lowes pays a bundled rate that is lower than it would otherwise be. Employees or family members who need the surgery and choose Cleveland Clinic have their $500 co-pay waived – in other words, the surgery at Cleveland is “free” – and their airfare and local expenses in Cleveland are covered.

So far the program has been a success for Lowes, saving money and boosting employee morale. Cleveland Clinic obviously shines as well.

See the Lowes promo below.