Creating a Culture of Health Leads to a Happier, More Productive Workforce
The launch of HealthNEXT’s Culture of Health program and innovative online portal provides business leaders with expert guidance to sustainably flatten their healthcare cost trend, enhance workforce performance, and build a multi-year plan of action.
David B. Angus MD, who wrote the critically-acclaimed book — The End of Illness, more recently has stated, “One of the greatest challenges corporations face today is ensuring the health and well-being of their employees. I have an uncomplicated solution for achieving this: appoint a chief health officer.”
For some organizations, it’s a hefty goal to bring in a Chief Health Officer or Chief Medical Officer (CMO) with extensive knowledge or insights into what it takes to make employees and their families healthier. With HealthNEXT’s Culture of Health program and its new, innovative portal, employers are equipped with the support and the clinical leadership expertise needed to achieve employee health and wellbeing. The HealthNEXT platform makes crucial business decisions easier and mistakes much less likely.
Ten reasons to invest in the health and well-being of your workforce
For every dollar spent on healthcare, $2-$3 are lost in productivity. Pandemic or not, employers should responsibly communicate the importance of primary and preventative care and encourage the appropriate use of these services. But how does a company do it successfully without adding additional roles and responsibilities in areas such as population health management?
The team of “NEXTperts” at HealthNEXT have spent most of their careers building cultures of health and wellbeing for Fortune 500 companies and more. Dr. Ray Fabius, President and Chief Medical Officer of HealthNEXT, an emerging leader in building organizational cultures of health, states there are ten reasons for investing in the health and well-being of your workforce:
1. To control healthcare costs
2. Improve productivity
3. Reduce waste
4. Improve engagement/performance
5. Attract and retain the best talent
6. Enhance workplace safety
7. Improve sales
8. Improve shareholder returns
9. Stem the tide of obesity
10. Stem the tide of chronic illness
HealthNEXT’s Culture of Health program and our team of experts, which we call “NEXTperts,” create a healthy, engaged, and high-performing workforce and puts the ten reasons listed above into action through the industry-leading Culture of Health program. The Culture of Health program has been vetted and published in medical journals as well as tested by Fortune 500 companies, achieving results in as little as 12–18 months. This two-part market-validated approach consists of a proprietary employer assessment (EA50) and the HealthNEXT subscription. As part of your subscription, your NEXTpert is available on-demand, at a fraction of the cost of a full-time, in-house CMO, to implement a customizable and achievable strategic roadmap towards a benchmark culture of health.
Building a Culture of Health
The pandemic has taught business leaders the need to build a sustainable culture of health and the importance of social determinants of health. HealthNEXT’s team of population health experts, experienced Chief Medical Officers, and specialty experts consider the risk factors and health conditions that affect your workforce when building your strategic roadmap. This data is used to create a culture of health, resulting in the flattening your healthcare inflation, employee health improvements, and engaging employee participation at all levels of your organization.
Your dedicated NEXTpert also works with your team to understand your business goals and KPIs to integrate Culture of Health program into your comprehensive corporate strategy. Additionally, your NEXTpert is available to address any health and wellbeing related issues such as navigating through the COVID-19 pandemic and high-cost claimants. Your journey is recorded and tracked in a new tech-enabled portal that provides full transparency on the mutually established milestones and goals to achieve best practice status.
Successful components of health and wellness initiatives
Investing in a culture of health is more than just an HR or benefits responsibility and goes beyond a wellness program, incentives, or building a fitness center. To create a culture of health, your organization must do enough to surround your workforce with an environment where they can consciously and unconsciously make more healthy decisions — even while working remotely.
HeathNEXT combines decades of research to understand that an organization’s health and wellness initiatives must:
· Execute with excellence — It’s not just about what you do but how well you execute each initiative
· Be comprehensive — A critical mass of elements are required to drive a culture change
· Be selective — Focus should be on activities that are consistent with the corporate culture and target highly prevalent conditions and health risks
· Be strategic — Annual programs and budget approaches are almost always unsuccessful
· Sequence matters — Good initiatives conducted out of order often yield poor results
Even with a remote or dispersed workforce, great improvement can be made. HealthNEXT considered this when building its new tech-enabled portal to ensure your team has access to assigned roles, tasks, documents, and NEXTpert appointments — all in one place. This new iteration of the Culture of Health portal allows you to:
· Schedule time with your NEXTpert
· Take the EA50 assessment alongside your NEXTpert, and store supplemental documents
· Receive your gaps from benchmark report and strategic roadmap
· Track progress and important milestones against goals
See how your company ranks
Maintaining workforce productivity while juggling benefits, rising healthcare costs, and post-pandemic processes aren’t cost-effective without a strategy. However, a growing number of employers have broken out of this never-ending cycle by applying our evidence-based methods that have flattened their total healthcare cost without continuous cost-shifting or reducing access or services. With HealthNEXT’s proven methodology, your organization can expect to see a 1% reduction of medical health trend with every 50 points your organization gains in the EA50 1000 point re-assessment.
Get a sneak peek at how your organization currently ranks against benchmark companies. Try our free sample benchmark quiz.
