Más contenido relacionado La actualidad más candente (20) Similar a Health and productivity @ the workplace (20) Health and productivity @ the workplace1. By:
Gowtham Raj Viswananthan
Ranjit Kovilinkal
Hygeia e-Services Pvt Ltd | PRIVATE PROPRIETARY. Contains private and/or proprietary information. May not
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Health & Productivity
Linking Health &
Productivity @ the
workplace
@myHealthvalet
2. Health & Productivity
2016
1 Confidential ©myHealthvalet Hygeia e-Services Pvt Ltd
Contents
Introduction............................................................................................2
Statistics @ the Workplace .....................................................................2
The business case for Health digitization................................................2
myHealthvalet… Towards a Healthier U! ................................................3
Conclusion ..............................................................................................5
About the authors................................................................................6
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Introduction
The growing prevalence of
non-communicable
diseases like cancer, heart
disease and diabetes is on
the rise, growing at an
alarming rate year after
year. Developed and
developing countries alike
are struggling to cope with
the high cost of these
diseases, in terms of lost
lives, lost productivity,
infrastructure financing
and the human capital
required to treat them.
In the past 20 years,
information technology
has revolutionized virtually
every facet of our lives.
Organizations of all types
have long seen that
information technology—
viewed comprehensively
and deployed effectively—
can replace old challenges
with new possibilities.
However, one of the areas
of slow evolution is our
healthcare system. Rising
incomes in developing
countries are propelling
rapid growth of demand
for health goods and
services, while disruptive
technologies and
innovations are creating
new ways of meeting this
demand. All these present
a huge challenge to
employers on
understanding how
employee health is
affecting productivity and
raising costs like never
before.
Statistics @ the
Workplace
As per the Wills Health &
Survey Report, 2014
61% identified
employees’ health
habits as the primary
challenge in controlling
health care costs.
93% believe that
healthier employees
are more productive,
yet very few are
measuring the impact
of productivity on
employees’
absenteeism and
presenteeism (when
employees are at work
but preoccupied with a
health issue and not
performing their best).
On average, it costs
employers more to
insure unhealthy
employees. Patients
with chronic
conditions, account for
75 percent of health
care costs each year.
Absenteeism and
presenteeism cut
individual productivity
by as much as 1/3rd
and cost organizations
$2 to $3 for every $1 of
direct medical costs
such as health care
premiums or pharmacy
expenditures.
The business case for
Health digitization
Companies will immensely
benefit from heath
digitization of the
employee. They can
negotiate lower premiums
for a healthier employee
population. Others will pay
less as a share of
employee health
expenditures. All
companies will benefit
from reduced employee
absenteeism and lost
productivity associated
with poor health.
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As per organizations like
Johnson and Johnson,
every USD 1 invested in
employee health care
results in a USD 4 reduction
in health care costs, lower
absenteeism and improved
productivity. And let’s not
pass up an opportunity to
let Harvard weigh in.
Its recent study showed
that for every dollar
invested in health and
wellness programs, large
companies got back $3.27
in reduced healthcare
costs, and $2.73 in costs
connected to
absenteeism.
Companies need to
expand their scope to
address the longer-term
effects that chronic
illnesses and poor health
have on employee
productivity and
healthcare costs. This
focus on keeping
employees well includes
preventive care and
disease-management care
for chronic conditions such
as cardiovascular disease,
diabetes and obesity.
Caring for ill spouses and
children can also tax an
employee’s time, Hence
the family too needs to be
taken into consideration.
By seamlessly integrating
the company’s doctors,
labs and pharmacies, a
healthcare hyper loop is
created with the employee
at the center of the
ecosystem, thereby
providing the
convenience, reach and
access to avail health care
services and information
in real time.
Through making
healthcare digital,
employers can integrate
their Health Assessments
for new joinees and
annual health checkups of
their employees to create
a health rooster, thereby
enabling the conception of
customized health
programs, rather than
having general health
camps and other programs
which are a waste of
resources and time.
Once a culture of health is
created within the
organization, employees
can be motivated to take
good care of their health
and engage in prevention
measures for themselves
and their families.
As per Harvard University,
every $ invested in health
programs got back $ 3.27
in health care costs and
$2.73 in absenteeism costs
myHealthvalet…
Towards a Healthier U!
The business case for
expanding employee
healthcare services is
evident as stated above,
but the technology
infrastructure required to
support that move hasn’t
been as easy to find.
Relying on last-generation,
“safety first” systems,
employers are bogged
down developing a
complex series of
workarounds to manage
today’s demands for
health digitization.
It’s a ridiculous waste, and
totally unnecessary. Our
Enterprise Health solution,
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myHealthvalet is designed,
developed and built to
support today’s employee
health management
model with a single, web-
based system that includes
a clinical EHR, and
employee engagement
tools. The system
integrates seamlessly with
health care service
providers like doctors,
hospitals, labs and
pharmacies to consolidate
information from across
the health care
community.
myHealthvalet’s health
risk assessments engage
employees to understand
and improve their health
behaviors. After
completing a health risk
assessment employees
receive a confidential
report focusing on their
personal health risk
factors. Each report
includes customized
suggestions on what
he/she can do to improve
his/her health - and
reduce health risks. He or
she will also receive an
overall wellness score
based on the number of
positive health indicators
found in the
assessment. By reducing
employee health risks,
absenteeism and health
care costs are minimized.
The health risk assessment
is the first step to
improving the health
culture in the workplace.
By making changes to their
daily habits, employees
can improve their long-
term health and wellness.
The real-time availability
of comprehensive patient
information, e-
prescriptions, built-in
alerts, and best practices
offer physicians’
unparalleled clinical
support for identifying
patients’ needs earlier,
lowering health risks, and
effectively managing
ongoing conditions.
Physicians have quick
access to a user’s medical
information, the latest
medical findings, and a
database of information
that provides greater
accuracy on their diagnosis
and prognosis. Health care
providers can reach out to
patients when they are
due for important annual
tests and users can
schedule an appointment
online for a routine
physical exam or can be
alerted that they’re
overdue for a screening
for diseases like diabetes
or cancer.
Created by Hygeia e-
Services Pvt Ltd,
myHealthvalet enables
users to take an active role
in their health when and
where it’s convenient on
the go!—at no additional
cost. Using secure and
seamless activation, users
and their families get quick
access to an online tool
that let them:
Eliminate bulky physical
health files
View test results online
Refill a prescription
Request an appointment
View past visit
information
Act for a family member,
including managing
physical as well as
psychological health of
children
View health articles,
information and other
benefits
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Holistic Healthcare is
the need of the hour
Accessible – Heath care
service providers across the
spectrum like doctors, labs
and pharmacies can view
health information in real
time and have secure
access to health care data
Inter-connected-
Patients are linked to their
consulting doctors so that
they need not have to enter
their data, doctors and
patients are linked to other
doctors as well as the
diagnostic lab and
pharmacy creating a
healthcare hyper loop
History and research
based - Doctors and
physicians have access to
the health history of their
patents thereby enabling
better diagnosis and
prognosis resulting in
“single source of truth”
Conclusion
Employees can actively manage their health without losing time or reducing productivity during
the workday. Employees get the care they need and employers see the return on their health
care investment through reduced absenteeism and presenteeism. myHealthvalet provides
employers the ability to view reports to view their employees’ total health assessment results
giving insights into overall group demographics, health risks and disease prevalence. Employers
can see what drives their health care costs and build a program tailored to their employees and
their business needs.
"To keep the body in good health is a duty...otherwise we shall not
be able to keep our mind strong and clear" - BUDDHA
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About the authors
Ranjit Kovilinkal is an entrepreneur, marketing specialist and teacher/coach. His experience is
across IT, consulting, education and social enterprises. He has more than 16 years of corporate,
teaching and entrepreneurial experience in India, the Middle East and Singapore and is a CEG
and IIM-A alumnus. He is currently a mentor cum educator at CIIE and NEN and a practicing
Psychotherapist, teacher and choreographer.
Gowtham Raj Viswanathan is an entrepreneur, product and finance specialist. His experience is
across the Banking and IT industries. He has more than 16 years of corporate experience across
India, Middle East, Singapore and Malaysia. Gowtham is an AC Tech (Anna Univ) and IIM-A
alumnus.
For more information, pls email to ranjit@hygeiaes.com, info@myhealthvalet.in
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References:
Health information technology How can technology enhance care and reduce costs?:
http://consultants.kaiserpermanente.org/info_assets/mercer/pdf/TIHP_IT_012610.pdf
The big-data revolution in healthcare: Accelerating value and innovation:
http://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/the-big-data-
revolution-in-us-health-care
Healthy workplace culture: https://www.concentra.com/employers/health-wellness/wellness-
programs/healthy-workplace-culture/