HealthFitness Makes Compelling Case for Employee Health Management
16 July 2009 - 4:49AM
PR Newswire (US)
New issue brief highlights components of strategy to improve
employee health and performance MINNEAPOLIS, July 15
/PRNewswire-FirstCall/ -- Employee health and productivity
translate into direct and indirect costs for U.S. employers, and
with the cost of health care continuing to spike, most companies
are searching for ways to stem the tide. One such measure is
through employee health management (EHM), also known as worksite
health promotion. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090122/CG61641LOGO) "Employee
health management is a strategy companies need to embrace in order
to improve employee health and bolster performance and
productivity," said Jim Reynolds, M.D., chief medical officer for
HealthFitness (NYSE Amex: FIT), and author of a new issue brief
released by the company this month. In his issue brief, "The
Business Case for Employee Health Management," Reynolds points out
that EHM has moved beyond employee health awareness to being more
of an evidence-based, data-driven model as companies strive to show
the link between worker productivity and business success. Reynolds
cites a Watson Wyatt 2007/2008 productivity study that shows
organizations with highly effective health and productivity
practices achieve 20 percent more revenue per employee, have a 16.1
percent higher market value and deliver a 57 percent higher
shareholder return compared with their less-effective counterparts.
"During these challenging economic times in which every dollar of
health care cost coupled with lost productivity translates to a
reduced bottom line, the business imperative for managing workforce
health is more compelling than ever." Companies that initiate an
EHM can show a return on value to the company, Reynolds states. He
points to another survey released earlier this year by Club
Business International that found employers who offer comprehensive
wellness programs realize a 25 to 30 percent reduction in medical
and absenteeism costs over three years, and earn an ROI of $3.14
for every dollar spent on employee wellness. "An organization-wide
culture of health, created with the building blocks of best
practice EHM and leading-edge program design can help businesses
achieve maximum impact and return on investment." Reynold's issue
brief provides additional detail about EHM and its effective ROI
measurements. To access this issue brief, visit the HealthFitness
Website: http://www.hfit.com/briefs.cfm. About HealthFitness
HealthFitness is an award-winning provider of integrated health
promotion and fitness management solutions to Fortune 500
companies, the health care industry and individual consumers. With
30-plus years of experience, HealthFitness partners with employers
to effectively manage health care and productivity costs by
improving individual health and well-being. HealthFitness provides
a portfolio of solutions, including best-in-class integration,
NSIGHT Health Risk Assessments, screenings, EMPOWERED(TM) Health
Coaching, and fitness facility design and management. For more
information on HealthFitness, visit http://www.hfit.com/. Available
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http://www.newscom.com/cgi-bin/prnh/20090122/CG61641LOGO
http://photoarchive.ap.org/ DATASOURCE: HealthFitness CONTACT: Wes
Winnekins, CFO, +1-952-897-5275, or MEDIA, Deb Marshall, VP of
Marketing, +1-952-897-5235, , both of Health Fitness Corporation;
or Investors, Joe Dorame, or Robert Blum, or Joe Diaz, all of
Lytham Partners, LLC, +1-602-889-9700, , for Health Fitness
Corporation Web Site: http://www.hfit.com/
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