Healthcare is evolving rapidly on so many fronts; all the smart inventors have raced to the space.
And there’s another hopeful fact: The Employer is about to pile in.
Here’s a key statistic: 55% of Americans get health insurance through employers, and employers pay for nearly 75%of premiums. At the same time, less-than-optimal care, such as care that is excessive, ineffective, or even harmful, costs a typical employer between $1,900 and $2,250 per employee every year. For a firm with just 300 employees this represents as much as $675,000 in a given year [SOURCE: RWJ Foundation Report, January 2013].
PREDICTED: Employers will begin seeking far more bang for their bucks. Specifically, they’ll be leaning on Providers and Payers alike for the answers to the following three hard-hitting questions–
- What’s your Virtual Visits strategy?
- What’s your Home Monitoring strategy?
- What’s your Wearables strategy?
Make no mistake, Employers are tracking the myriad innovations that have come to healthcare with a gimlet eye regarding outcomes and costs. They will want crisp answers.