Today we see self-insured employers from all industries beginning to recognize the value of sleep health management and specifically how our technology-enabled platform provides an effective solution to help them gain control of spiraling healthcare costs.
Atlanta, GA (PRWEB) January 09, 2014
FusionHealth®, the leading provider of innovative sleep health management solutions that improve employee health and wellness by preventing chronic diseases and reducing costs directly linked to sleep disorders, today announced record performance in 2013, with program enrollment from its employer client base increasing +200% in 2013 over 2012.
Significant health, safety and economic benefits associated with obstructive sleep apnea (OSA) treatment can be made possible by FusionHealth’s technology-enabled sleep health management solutions, such as its nationwide Sleep4YourHealth® program.
“Historically, our programs have been successfully deployed in the transportation sector for safety compliance and to drive healthcare cost savings,” stated Sigurjon Kristjansson, Co-Founder and Chief Executive Officer of FusionHealth. “However, sleep apnea is not an isolated problem for just the transportation industry. Today we see self-insured employers from all industries beginning to recognize the value of sleep health management and specifically how our technology-enabled platform provides an effective solution to help them gain control of spiraling health related costs.”
During the year FushionHealth completed a 12 month case study for one of its leading clients, which resulted in demonstrable savings in healthcare costs and dramatic improvement in job safety performance. Specifically, FusionHealth’s Sleep Health Management program helped reduce medical and pharmacy costs among program participants by 5%, compared to an increase in costs of 21% among the client’s general population. Further, the client experienced a 45% decline in preventable accidents as opposed to an increase of 48% among the control population.1
FusionHealth generates these powerful results primarily through its proprietary i.AIM® technology platform which delivers superior adherence to treatment. FusionHealth consistently delivers greater than 90% adherence to sleep apnea therapy, a stark contrast to the national average of 50% or less as commonly seen with other chronic disease management programs.
“From our clinical experience as well as years of research, we know that the key to success for any OSA program is adherence to sleep treatments. Our innovative technology-enabled care management approach demonstrates consistent long-term outcomes with unparallelled adherence to treatments and acceptance by patients,” stated Dr. Jeffrey Durmer, Co-Founder and Chief Medical Officer of FusionHealth.
i.AIM PLATFORM ENHANCEMENTS
For 2014, FusionHealth will continue to expand its client base in multiple industries that seek to promote employee health through Sleep Health Management. The Company plans to update its Client Portal and deploy a series of improvements to its client dashboard. In the first half of 2014 the Company plans to launch an enhanced Care Management Portal to build scale for delivery of real time compliance data to client administrators. In addition, FusionHealth will improve its Human Capital Management function for client administrators.
EXPANDING MOBILE HEALTH CAPABILITIES
In 2014 FusionHealth will deploy a series of mobile apps and mobile health solutions on the i.AIM Platform to enhance patient engagement and treatment outcomes. New mobile solutions will integrate directly with various leading health tracking devices, such as Fitbit and iHealth. Users of wearable devices will be able to upload their personal health information data to their personal Sleep Health Management portal from FusionHealth providing them with one cloud-based, secure site to view all of their pertinent health information from sleep to various forms of physical activity.
1. 12 month study results updated 11-1-13 from 9 month study published at http://www.fusionhealth.com/fusionhealth-to-present-health-and-productivity-management/.
FusionHealth®, headquartered in Atlanta, GA, delivers technology-enabled integrated sleep health management solutions for companies seeking to improve employee health and reduce health-related costs. The company’s SaaS-based delivery model provides its client companies with access to its global technology platform enabling them to integrate sleep health management with personal wellness and employee engagement in a way that changes lives and improves their bottom line performance. For more information, visit http://www.fusionhealth.com.
EVP Business Development, FusionHealth
888-505-0280 - cr(at)fusionhealth(dot)com
Marketing & Communications, FusionHealth
404-229-4242 - rsalisbury(at)fusionhealth(dot)com
Forward Looking Statements
Statements made by FusionHealth, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements, included herein. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the impact of competitive solutions and pricing, solution demand and market acceptance, new solution development, key strategic alliances with vendors that resell the Company's solutions, the ability of the Company to control costs, availability of solutions from third party vendors, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry generally and the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.