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Writer's pictureMolly Meister

The Business of Healthcare

According to the Centers for Medicare and Medicaid, U.S. health care spending grew 4.1 percent in 2022, reaching $4.5 trillion or $13,493 per person. With healthcare costs accounting for over 17.3% of the United States GDP, there is no time like the present to get serious about what the future of healthcare could look like. 


At Signature Performance, we are dedicated to transforming the healthcare industry from burdensome and costly to efficient, affordable, and accessible. For the last 20 years, our team of healthcare administrative professionals have been focused on the heartbeat of the industry and are committed to designing applicable solutions and strategies that make the healthcare industry healthier. 


 

When Signature’s Chief Executive Officer and Founder, Allen Fredrickson, created Signature Performance in 2004, he set out with a mission to deliver timely and accurate payment of claims to military health facilities. Since then, our mission and purpose has developed and grown into a deep passion for improving the health of our clients’ business and making the lives of the people we work with better. What initially started as a new business venture, has grown into a movement of over 1,200 highly-trained and committed Associates across the country who are all working in collaboration to improve healthcare outcomes for providers, payers, and patients. 

Sitting in-between payers, providers, public and private markets

One thing about healthcare that can not be ignored, is that the connection and functionality between patients, providers, and payers drives overall outcomes. Although each group has different needs and roles in the system, they all play a part in keeping the theoretical wheel of healthcare moving. When one group suffers, slows down, or stalls, so do the others. 


Our team at Signature Performance is uniquely positioned in the epicenter of healthcare with deep knowledge and experience with both payers and providers in the federal and commercial markets. We believe our unmatched industry expertise gives us an uncommon chance to make huge strides in the industry. 


That’s where our team is a little different than most. Many players in the healthcare space are not motivated or driven to decrease healthcare spending as a whole. You may be thinking…why? Why would everyone not want healthcare to be more affordable?  The reality is that there is a direct correlation between overall healthcare spending and how much money certain people have in their pocket at the end of the day. Which, let's face it, everyone is in business to create some kind of revenue. But what if we could generate revenue in a way that puts the health back in healthcare? What if we could operate the business of healthcare with patient outcomes at the forefront? What if healthcare spending could not only decrease but go toward preventative solutions and high-quality care? 


 

At Signature Performance, we’re in the business of healthcare not just to make a profit but to transform the industry as a whole. We are dedicated and relentless in our quest to bend the curve of rising healthcare administrative costs. We believe we have a unique perspective and opportunity to combine our industry-leading talent, streamlined administrative processes, and cutting-edge technology solutions to make a big impact in healthcare. By designing custom, client-specific solutions, our team of revenue cycle experts, medical coders, claims processors, customer experience representatives, and healthcare solution architects are able to cut out the middleman and reduce overall administrative costs and burdens. Our team at Signature can tackle any administrative burden big or small with a thoughtful, strategic approach. 


Our goal and purpose is not to just increase year-end revenue, gain notoriety in the industry, or take credit for healthcare innovation but to inspire and create a deep-lasting change in the industry as a whole. We believe healthcare is a calling. A calling to help people. A calling to make the lives of the people we work with better. We believe the business of healthcare is worth it and deserving of a better, healthier future.


To learn more about our passion and commitment to healthcare, click here. 


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