Direct Primary Care is providing employers of all sizes substantial cost savings while improving health outcomes. Learn how telemedicine, occupational health, wholesale medications, direct labs and imagining are working in tandem to create a cost effective and proactive healthcare model for employers.
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Improve Employee Health & Control Healthcare Costs with Direct Primary Care
1. IMPROVE EMPLOYEE HEALTH
& CONTROL HEALTHCARE COSTS
WITH DIRECT PRIMARY CARE
Presented By: Dr. Timothy Murray
Founder and CEO of Solstice Health
2. Quick Housekeeping
• Slidedeck will be posted on Solstice Health’s Website
www.solsticewi.com
• We will have Q&A at the end, but feel free to ask
questions throughout the webinar.
Quick Housekeeping
3. • Healthcare Outpacing Inflation 2:1
• Premiums Increasing Without Any Control
• Claims Filings Increasing Causing Higher
Premiums
• Employee Benefits Being Cut
• Poor Employee Health
Worker Illness and Injury Costs U.S. Employers $225.8
Billion Annually
Productivity losses linked to absenteeism cost
employers $1,685 per employee.
Source: http://www.cdcfoundation.org/pr/2015/worker-illness-and-injury-costs-us-employers-225-billion-annually
Employer Healthcare Problems
Where to Start……
4. COST: Medical bankruptcy is the number-one cause of personal bankruptcy in the U.S.
TIME: 7-10 minutes average time with physician in fee for service model
ACCESS: 1 in 5 Americans lack adequate access to primary care
Source:
Source : Gallop
Employee Healthcare Problems
5. Misaligned Incentives Drive Costs and Poor Health Outcomes
This system incentivizes doctors to
- Take on a high number of patients and see them as
quickly as possible
- Perform high-cost procedures
Common Averages:
2,500 patients per physician
7 to 14 minutes per appointment
18.5 days wait time for an appointment
How Did We Get Here?
6. Primary care is the essential foundation in the
healthcare system.
Without affordable, accessible, convenient
primary care, patients experience:
1. Costly avoidable visits to the ER
2. Unnecessary visits to specialists for tests
and treatments that can be done in a
primary care setting
3. Healthcare cost drivers avoid the doctor all
together leading to a cascade of claims
down the road.
The Result? Poor Health Outcomes
12. Characteristic Fee For Service Direct Primary Care
Panel Size Per Provider 2,000-3,000 600-800
Provider Incentive Volume-Based Quality-Based
Patient Access to MD Call Center 24/7 Access Via
Telemedicine
Time Spent With Patients 7-10 Minutes > 30 Minutes
Annual Exam Specific & Brief Comprehensive with Lab
Work
Access Extended Wait Times Same/Next Day Visits
Cost 400%+ mark up Wholesale Pricing
Coordination of Care Minimal Complete
Outcomes Highest spending with
poorest population health
Superior health outcomes,
lower cost, happy patients
Direct Primary Care Vs. Fee For Service
16. The Solstice Health mobile app provides patients 24/7
telemedicine access to Solstice Health’s primary care physician
network. Patients can text, email, send photos or video
conference with a Solstice Health Primary Care Physician in
seconds through the mobile app.
Solstice Health telemedicine services can provide a second
opinion on an injury, illness or condition through our network of
over 100+ specialists.
Telemedicine Services