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Progyny is First Fertility Benefits Solution to Publish Outcomes with Independent Validation
Progyny Outcomes Consistently Exceed National Benchmarks Across Key Clinical Measures of Fertility Success NEW YORK, July 27, 2022 (GLOBE NEWSWIRE) --
About this update from Progyny, Inc.
[{"type":"text","content":"Progyny Outcomes Consistently Exceed National Benchmarks Across Key Clinical Measures of Fertility Success\nNEW YORK, July 27, 2022 (GLOBE NEWSWIRE) -- Progyny, Inc. (Nasdaq: PGNY), a leading benefits management company specializing in fertility and family building benefits solutions, today announced that Progyny is the first, and only, fertility benefits solution to publicly publish its clinical outcomes with an independent validation of its methodology. Progyny engaged Milliman, Inc., an independent global leader in actuarial services, to evaluate the methodology Progyny uses to compare its outcomes to national benchmarks. In its evaluation, Milliman actuaries concluded that Progyny’s methodology is appropriate and reasonable to estimate clinical outcome differences between Progyny’s population and non-Progyny populations. The full report prepared by Milliman can be accessed here. Progyny measures and publishes how the outcomes of patients managed through its fertility program compare to national benchmarks. Measurement of outcomes and costs is essential to understanding the overall value in healthcare. Since 2016, Progyny has been the only benefits solution to publicly provide its outcomes data. Progyny has consistently achieved superior clinical outcomes across industry-standard key measures of fertility treatment success. Through its superior outcomes, Progyny’s members get pregnant meaningfully faster, experience significantly fewer miscarriages, and have healthier pregnancies and babies, as compared to national averages. “Progyny has always prioritized publicly reporting our outcomes and providing full transparency into the impact of our solution. Not only are we the only benefits provider to publish our outcomes, but we aim to continue to raise the bar for new market entrants,” said Pete Anevski, CEO of Progyny. “As these important benefits gain more widespread adoption, we are excited to raise the expectation of what a fertility benefit should be achieving by providing an independent validation of our outcomes methodology, ensuring that employers and their members can trust and identify the solution that has a consistent track record of delivering the highest quality care and greatest overall value.” Healthcare benefits routinely represent one of the most significant expenditures for employers each year, and benefits te...