2019 Annual Meeting Six Pitfalls Avoided by World Class Injury Prevention Programs Stephen Brown CEO, Briotix Health
WHY PREVENT IN THE FIRST PLACE Megatrends : Healthy is better. AGING OBESITY 47% of Workforce 69% of 20+ are BABY BOOMERS are overweight or obese 70% MUSCULOSKELETAL SYMPTOMS INADEQUATE DAILY EXERCISE SEDENTARY DISCOMFORT
WHY PREVENT IN THE FIRST PLACE The Return on Prevention WC and PHC COST REDUCTIONS PRODUCTIVITY GAINS FROM JOB FACING ACTIVITIES UTILIZATION ROI REDUCTION 60- 300-700% 70% REDUCED TURNOVER HIGHER ENGAGEMENT Drive 3.5 times Business better EPS Results
Thinking that their employees The Six Pitfalls won’t embrace technology Believing that all risk can be Focusing on cost instead of “designed” out return on investment Reacting to injuries through claims Forgetting that the management alone employee only has one body Overlooking the value of industry Expertise
Thinking that their employees The Six Pitfalls won’t embrace technology Believing that all risk can Focusing on cost instead of be “designed” out return on investment Reacting to injuries through Forgetting that the claims management alone Employee only has one body Overlooking the value of industry expertise
EMBRACING TECHNOLOGY
Thinking that their employees The Six Pitfalls won’t embrace technology Believing that all risk can Focusing on cost instead of be “designed” out return on investment Reacting to injuries through Forgetting that the claims management alone employee only has one body Overlooking the value of industry expertise
FOCUS on ROI Employee Injuries Savings and ROI
Thinking that their employees won’t The Six Pitfalls embrace technology Believing that all risk can be Focusing on cost instead of “designed” out return on investment Forgetting that the Employee Reacting to injuries through claims management alone only has one body Overlooking the Value of Industry Expertise
WORK TOGETHER
Thinking that their employees The Six Pitfalls won’t embrace technology Believing that all risk can Focusing on cost instead of be “designed” out return on investment Reacting to injuries through Forgetting that the claims management alone employee only has one body Overlooking the value of industry expertise
WHO’S ON YOUR SIDE?
Thinking that their employees The Six Pitfalls won’t embrace technology Believing that all risk can Focusing on cost instead of be “designed” out return on investment Reacting to injuries through Forgetting that the claims management alone employee only has one body Overlooking the value of industry expertise
CLAIMS MGMT IS TOO LATE
Thinking that their employees The Six Pitfalls won’t embrace technology Believing that all risk can Focusing on cost instead of be “designed” out return on investment Reacting to injuries through Forgetting that the employee claims management alone only has one body Overlooking the value of industry expertise
IF ONLY HUMANS WEREN’T INVOLVED
The Do’s of a World Class Program PROVEN BEST PRACTICE • Leverage Technology • Focus on ROI • Address the Whole Person • Leverage Expertise • Proactive vs Reaction • Remember the Human Factor 17
Retail Distribution Center: Food Processing Company: • $3.45 million saved in reduced • $2.4 million savings in medical PROVEN RESULTS April workers’ compensation and injury expenses. • Significant reduction in medical treatment costs • Program costs = $553,850 referrals and lost-time injuries • ROI of 6 to 1 Claims Savings- $437,590 Treatment- $60,720 13% Early Symptom 2% Intervention - $1.85MM 53% 32% Chronic Conditions - $1.1MM
Stephen Brown CEO Stephen.brown@briotix.com 844-BRIOTIX (274-6849) www.briotix.com
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