IBI Conference Board, Health, and Productivity Forum Buzz Report
Employers know that wellbeing is the cornerstone of performance for their employees. Last week, over 500 companies and subject matter experts gathered to discuss the urgency of the deep connection between the well-being of employees and the health of organizations at this year’s IBI/Conference Board on Health and Productivity Forum.
Healthcare expenses are increasing at an alarming rate. According to Mercer we saw a 3.2% rise in 2022, and 5.4% increase this year. That is more than an average of $16,000 per-employee. And due to inflation, specialty drug cost, and increases in chronic conditions, cost will continue to rise.
Workforce health and productivity are crucial components of any successful organization. A healthy and engaged workforce can significantly impact a company’s bottom line and overall success. When employees are physically and mentally healthy, they are more likely to be engaged and perform better at their jobs. Conversely, poor health can lead to absenteeism, reduced focus, and decreased productivity. We’ve spotlighted the Top 15 companies from this year’s IBI Conference Board on Health and Productivity Forum who are leading the way in technologies and innovation for employer supported health programs.
Carrot Fertility is a company that offers fertility benefits and family-building support to employers and their employees. They address the growing demand for fertility and family-building solutions in the workplace, recognizing that fertility-related benefits are becoming increasingly important for employees seeking to start or expand their families. Trusted by hundreds of multinational employers, health plans, and health systems, Carrot’s comprehensive clinical program delivers industry-leading cost savings for employers and award-winning experiences for millions of people worldwide.
Nox Health is a healthcare technology company specializing in sleep health solutions. They focus on developing and providing tools and services to improve the diagnosis and management of sleep-related disorders, including sleep apnea, insomnia, and other sleep-related conditions. Nox Health provides a comprehensive, coordinated, and continuous sleep care management program, delivered by one integrated care and medical team.
Certilytics is a data analytics and healthcare technology company that specializes in providing advanced predictive analytics solutions for healthcare organizations. They are an innovator in the use of AI-driven predictive analytics to help customers transform the unrealized potential of their data into powerful insights. Employers and benefit advisors partnering with Certilytics leverage their data to identify future clinical risks and avoidable costs, as well as measure program performance. This enables customers to implement proactive benefit strategies that improve employee health and well-being, making healthcare more affordable for everyone.
Color is a healthcare technology company that specializes in population health management and genetic testing services. They are known for their focus on genetics and genomics to provide insights into an individual’s health and to help organizations manage the health of populations more effectively. They partner with leading organizations to deliver care where life happens — offering convenient care solutions for millions.
Vivante Health is a healthcare technology and services company that focuses on digestive health and gastrointestinal (GI) conditions. The company’s mission is to provide comprehensive and personalized solutions to individuals who are experiencing digestive health challenges. Their comprehensive virtual GI care delivers the right care at the right time by pairing data-driven technology with a coordinated team of experienced physicians, registered dieticians and health coaches.
Employer Direct Healthcare is a healthcare services company that specializes in providing employers and their employees with access to high-quality, cost-effective healthcare services. The company’s primary focus is on improving the delivery of healthcare and reducing costs while maintaining or even enhancing the quality of care. They are on a mission to transform access to excellent care for the moments that matter most.
Hinge Health is a digital health company that focuses on musculoskeletal (MSK) care and offers comprehensive solutions for the management and treatment of conditions related to the bones, joints, and muscles. They pair motion-tracking technology and wearable pain relief with a complete clinical care team to help people move beyond pain, and reduce surgeries and opioid use. Four in five health plans and employers with a digital MSK solution trust Hinge Health.
XP Health’s digital-first platform removes the costly, time-consuming barriers employees face with traditional vision insurance. They are a digital-first vision platform focused on eye exams and eyewear that uses customer-centric design and technology to create a more affordable, accessible and better member experience.
MOBE is a healthcare company that focuses on providing personalized, patient-centered health solutions and support to individuals facing chronic health challenges. The company’s mission is to empower people to achieve their best health and well-being by addressing the underlying causes of chronic conditions and helping individuals make sustainable lifestyle changes. MOBE was founded in 2014 by health industry veterans who uncovered a way to use deep data science to identify people whose healthcare needs (and costs) are going up, but whose health concerns are not resolved. They combine this deep data science with digital health and a novel, one-to-one personalized approach—engaging and supporting participants to achieve healthier and happier lives without any additional cost to the health system, employers, or insurers.
Summus is the leading virtual specialty care company, founded with a mission to restore human connection in healthcare. They specialize in providing expert medical opinions and second opinions to individuals seeking clarity and guidance regarding their health conditions and treatment options. Summus connects patients with a network of renowned medical specialists, allowing them to access expert insights, recommendations, and support. With a curated network of more than 5,100 renowned specialists from top academic medical centers, and more than 2.1 million members around the world, Summus serves as the clinical front door to access trusted, high-quality healthcare expertise, and to support people in the moments that matter most.
By leveraging proprietary AI-powered technology, SurgiQuality helps patients find answers to their pressing questions and connect them to best-in-class surgeons, all within an easy-to-use app. Their personalized concierges hold the patient’s hand throughout the entire process. The patient can view alternatives to surgery and pick and choose the best surgeon with the best outcomes for their condition.
The Lactation Network (TLN)
The Lactation Network is a healthcare company that specializes in providing lactation support and services to new and expectant mothers. The company focuses on helping mothers overcome breastfeeding challenges and providing them with access to certified lactation consultants. TLN is the only national provider of expert, in-person lactation care delivered by international board-certified lactation consultants (IBCLCs).
Firefly Health is a healthcare technology and primary care company that aims to transform the healthcare experience for individuals and families. They produce superior outcomes and meaningful savings through a refreshingly convenient healthcare experience. Firefly goes beyond the typical primary care or telehealth experience to provide longitudinal care with accountability to outcomes.
Sword Health is a digital healthcare company that specializes in musculoskeletal (MSK) care and rehabilitation. The company utilizes technology, including artificial intelligence (AI) and wearable devices, to provide virtual and personalized physical therapy and rehabilitation programs for individuals with MSK conditions. Sword Health is on a mission to free two billion people from pain as the world’s first and only end-to-end platform to predict, prevent and treat pain. They have become the fastest-growing pain solution since going to market in 2020.
Headspace is your lifelong guide to better mental health. They have partnerships with organizations and educational institutions to provide access to its services for employees, students, and educators. These partnerships are aimed at promoting mental health and well-being in the workplace and educational settings. Through their flagship Headspace app, they provide mindfulness tools for everyday life, including meditations, sleepcasts, mindful movement and focus exercises. Their enterprise offerings combine this experience with a human-centered model of care, with coaching, therapy, psychiatry and EAP services under one roof.