In This Post:
Presenters:
Stephen Gray
Principal at Circle Wellness
Last week, we welcomed Stephen Gray, Principal at Circle Wellness to our weekly Meet a Vendor webinar series.
Stephen talked about the three big mistakes employers are making when it comes to their approach with PHM and how they can course correct to save money and save lives.
About Circle Wellness
Circle Wellness is a leader in pre-claim cost control strategies, helping businesses optimize their existing wellness programs or build customized platforms tailored to their specific needs.
Specializing in employee health screenings, personalized consultations, year-round coaching, and comprehensive analytics and reporting, Circle Wellness delivers innovative solutions that empower companies to achieve their highest levels of health and productivity.
The current landscape in the United States
- Rising medical costs
- General unawareness of key health labs and biometrics
- Lifestyle changes and poor health among members
- Mental and emotional crisis has led to more health issues
- Poor medical consumerism
3 big mistakes employers are doing with population health management strategies
There are many aspects of population health management (PHM) but at its foundation is early detection, prevention and enhancing wellbeing.
In our webinar, Stephen discussed the three major mistakes employers often make in their approach to Population Health Management (PHM) and provided strategies for course correction to save both money and lives.
MISTAKE #1 – Not prioritizing preventive health screenings
- There’s a greater need for preventative health screenings than ever before.
- Preventative health screenings are the best solution for early detection and awareness.
- There’s a great cost to individuals and employers for not practicing prevention as healthcare costs continue to rise.
MISTAKE #2 – Using the wrong strategies for compliance
• Employer groups mistakenly lean on health care systems for certain preventative health screenings and it is costly to both employer group and the system as a whole.
• The U.S. healthcare system (going to the doctor) is not set up or positioned to support regular preventative health screenings especially as there is an increasing family practice doctor shortage in U.S.
• There is a huge savings opportunity to use on-site screenings as the first step in awareness and early detection before the need to engage a primary care physician.
MISTAKE #3 – Not tracking or leveraging health data
- Self-funded groups benefit by knowing and tracking the health and risks of the organization.
- Individuals also benefit by knowing and tracking their individual health markers and risks.
- Groups can make better health benefit decisions when they have more data and can avoid surprises.
What employers need to do?
- Leadership support
- Be committed to awareness, early detection, and education
- Incentivize members to complete on-site preventative screenings and private consultations
- Provide the right tools and support for behavior change
- Identify and track group risks for better health benefit design and offerings
- Track data and verify return and value (ROI/VOI)
Get in touch with the Circle Wellness team today!
Circle empowers your team to achieve and sustain balance for peak performance. Reach out to their dedicated team today to discover how over 25 years of expertise and proven results can benefit you and your organization.
Stephen Gray: gray.stephen@chpinc.com
In case you missed it: Log in to access the full Meet A Vendor Presentation!
Not a subscriber? Request access.
Did you find this article interesting?
Don’t keep this knowledge to yourself – share it on your social media channels and spark engaging conversations!