What benefits do wellness programs provide—not only to patients, but to your organization? They can tip the balance for your inpatient and surgical outcomes. Here’s how.
Much has been written about the demonstrated benefits of wellness programs and risk assessments for patients and their employers. A study in Health Affairs (PDF) showed that, for each dollar spent, employee medical and absenteeism costs decreased by $3.27 and $2.73, respectively. Through health risk assessments and other education, patients themselves enjoy better knowledge of their health conditions like diabetes, heart disease, obesity, and asthma, and how to manage them.
Despite patient health benefits, financial benefits to healthcare providers have been historically lacking. Under fee-for-service reimbursement, less care meant less revenue. But the advent of value-based care brings with it a longer-term focus and potential payback for your organization.