Rise of the Employer

Healthcare is evolving rapidly on so many fronts; all the smart inventors have raced to the space.

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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–

  1. What’s your Virtual Visits strategy?
  2. What’s your Home Monitoring strategy?
  3. What’s your Wearables strategy?

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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.

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