eCareDiary Employer Solution

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The hidden costs of family caregiving costs employers $34 billion per year. eCareDiary has solutions to address and reduce these costs.

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eCareDiary Employer Solution

  1. 1. eCareDiary Solution for Employers
  2. 2. eCareDiary - Who We Are• Inspired by personal experience• Founded by veterans of healthcare industry• Provides content, tools, and services for caregiving management• Reduces time, cost, and stress for caregivers and recipients• Featured in the NY Times, Wall Street Journal, USA Today, and Information Week 2
  3. 3. eCareDiary – Awards & Press 3
  4. 4. Challenges of Caregiving TIME • Caregivers spend 19 hours/week and 4 yrs caring for loved ones COST • Caregiving costs employers $17- 34B/yr in lost productivity and healthcare costs STRESS • Over 50% experience stress and burden 4
  5. 5. Caregiving and Productivity Productivity Costs to Employers$4,000,000,000 $3.3 billion$3,500,000,000 $3.4 billion$3,000,000,000 $2.8 billion $2.8 billion$2,500,000,000$2,000,000,000 $1.6 billion $1.4 billion$1,500,000,000$1,000,000,000 $824 million $780 million $500,000,000 $- Replacing Absenteeism Partial Workday Eldercare Crisis Supervisor Unpaid Leave Full-Time to Employees Absenteeism Interruptions Time Part-Time The MetLife Caregiving Cost Study: Productivity Losses to U.S. Business – July 2006 5
  6. 6. Caregiving and Employer Healthcare Costs Caregivers Increase Employer Healthcare Costs by 8% Annually The MetLife Study of Working Caregivers and Employer Healthcare Costs February 2010 6
  7. 7. Caregiver See Technology as a Solution 90% 80% 77% 76% 74% 74% 70% 60% 50% 40% 30% 20% 10% 0% Save Time Improve Caregiving Logistics Increase Effectiveness Reduce Stress 7 Source: e-Connected Family Caregiver: Bringing Caregiving into the 21st Century Study by National Alliance for Caregiving and United Health Group Jan 2011
  8. 8. Caregivers Are Interested in Multiple Technologies 90% 80% 77% 70% 70% 70% 70% 61% 60% 50% 40% 30% 20% 10% 0% Personal Health Caregiver Coordination Medication Support Symptom Monitor Video Phone Record System System 8 Source: e-Connected Family Caregiver: Bringing Caregiving into the 21st Century Study by National Alliance for Caregiving and United Health Group Jan 2011
  9. 9. Recommendations for Employers • Incorporate caregiving into corporate wellness programs • Eldercare component • Stress reduction programs • Establish caregiver support programs • Online decision support tools • Stress reduction programs • Care location assistance • Flexible work hours • Paid Time Off arrangements • Telecommuting arrangements MetLife Study of Working Caregivers and Employer Healthcare Costs February 2010 9
  10. 10. eCareDiary Solution • eCareDiary offers cloud based tools that can be accessed through a computer or mobile device to • Manage appointments, caregiver visits and meals • Track all medications • Store Important documents • eCareDiary offers award winning content and information including • Articles • Expert Q&A • Videos • Podcasts • Message boards • eCareDiary improves care coordination and reduces caregiver stress 10
  11. 11. Care Diary Tool – Manage Appointments 11
  12. 12. Care Diary Tool – Track Medications 12
  13. 13. Care Diary Tool – Store Documents 13
  14. 14. Care Diary Tool – Create a Care Circle 14
  15. 15. eCareDiary – Expert Contributors 15
  16. 16. eCareDiary – Weekly Radio Show• eCareDiary broadcasts 3 radio shows – Empowering Family Caregivers Show – Caregivers and Physician Conversation – Caregivers Speak! 16
  17. 17. eCareDiary – Webinars 17
  18. 18. HIPAA Privacy• HIPAA does not apply because all data is self entered and does not come from a third party• Privacy is very important to eCareDiary • The Care Diary is safe, secure and password protected behind a firewall • We follow HIPAA rules such as ensuring all data entered into the Care Diary belongs to the owner and is not shared with anyone • We use the best technology including Secure Socket Layer to ensure that your information remains safe and secure 18
  19. 19. Current Clients and Partners 19
  20. 20. Solutions • Licenses – Co-branded solutions – Fully branded solutions • Consulting services 20
  21. 21. eCareDiary Contact Info Website: www.eCareDiary.com Email: jmills@ecarediary.com Phone: 646-228-9111 21

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