IncentOne’s customers can now execute a wide variety of outcomes-based designs tied to biometric data that have demonstrated cost savings.
Lyndhurst, NJ (PRWEB) June 15, 2011
IncentOne, the leading provider of incentive solutions to the healthcare industry, has launched the first outcomes-based biometric incentive program through its Health Power™ platform. With this solution, IncentOne will enable payers, health service companies, employers, governments and administrators to align incentives to outcomes and improvements in 20 different biometric measures. As part of the solution, these outcomes can also be combined with participation-based biometric activities and non-biometric activities for a turn-key engagement solution.
Key features of the solution include the ability to:
- Combine outcomes and participation-based programs
- Set desired biometric outcomes for 20 measures including Body Mass Index, Blood Pressure, Waist Circumference, Waist to Hip Ratio, Total Cholesterol, HDL Cholesterol, HDLc Ratio, Triglycerides, Glucose, A1C, Cotinine, and LDL Cholesterol
- Set absolute, percentage or minimum improvements for each measure
- Require multiple biometric measures to be reached for incentive earning
- Set different target levels for men and women for each measure
- Implement pass/fail criteria for each measure
- Integrate data from past testing periods
- Utilize multiple testing periods
- Utilize physician attestation forms for alternative facilities
- Allow for reasonable alternative health activities based on physician recommendations
- Manage the process for contested measures
“Biometrics are a central component of any outcomes-based engagement strategy.” said Michael Dermer, President and CEO of IncentOne. “IncentOne’s customers can now execute a wide variety of outcomes-based designs tied to biometric data that have demonstrated cost savings. We believe that Incentive Driven Healthcare™ is the next wave in healthcare and this is one step to help our customers see that movement in action.”
“Integrating outcomes-based biometrics and combining them with other health management activities that target health conditions and improvements in these measures is a powerful combination” commented Peter Hayes, Principal of Healthcare Solutions and former Director of Health Benefits of Hannaford Brothers. “With this solution IncentOne offers not only outcome driven results but the type of integration that often eludes the healthcare community.”
IncentOne’s solutions have driven over 15 million health activities including over 500,000 biometric related activities. “IncentOne will employ its large data set and guide customers on how to most-effectively implement an outcomes-based incentive strategy a part of our Trifecta™ methodology.” commented Michael Dermer. “Our future product releases will include features to share patient outcome metrics with providers to connect patient with their providers.”
IncentOne delivers cost savings and health improvement by engaging healthcare consumers and providers through the use of incentives. IncentOne serves customers representing over 75 million lives, has processed 20 million health transactions and driven 13 million health milestones through 125 data partners. IncentOne delivers cost savings and health improvement by combining solutions and science - marrying its highly flexible its Universal Remote™ technology platform with the “Science of Health Incentives”™ to drive both outcomes and participation-based behaviors. IncentOne’s Universal Remote technology enables customers to drive “any action for any value for any reward via any medium” and to align incentives not only to long-term savings but also to immediate and intermediate savings via its Trifecta™ methodology. IncentOne’s solutions are married with leading-edge strategies such as value-based benefit design, medical homes, accountable care organizations, telehealth, pay-for-performance and provider payment reform to deliver true engagement. IncentOne programs target consumers to improve utilization, increase prevention, avoid hospitalizations, reduce readmissions, choose lower cost providers, reduce health risks, increase medication adherence and steer benefit selection and providers to adopt e-prescribing and EMR technology, adhere to treatment protocols and improve patient safety. IncentOne is the founder of Incentive Driven Healthcare (IDH)™ - based on its belief that incentives for healthcare consumers and providers is the next great movement in healthcare. For more information go to http://www.incentone.com.
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