SPINning the worker health problem
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Businesses are challenged in a multitude of ways. The net impact is bottom lines are pinched, and sustainability, let alone thriving as a business, is threatened. This slide show uses SPIN metholdology to frame the problem. Future installments will offer real-life, proven solutions that help protect your bottom line by preventing problems before they develop.
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10 Fastest Growing Healthcare Companies 2019- The Silicon Review
Tim Hammond is the CEO of Four Seasons Care Homes, which is redefining eldercare. The company provides care in a variety of settings, including private homes and assisted living facilities. Hammond believes that technology and a focus on patient-centered care are essential for improving the lives of older adults. Four Seasons uses an innovative approach that treats residents with dignity and focuses on their individual needs and preferences.
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Startup Outlook 2013: The Impact of the Medical Device Tax on US Innovation
New medical devices improve patient outcomes, reduce costs, create jobs and contribute to a healthier US economy and balance of trade. For nearly a decade, rising regulatory costs, delays and uncertainty have made it harder for medical device companies to succeed. The Medical Device Tax that went into effect on January 1, 2013 is compounding other challenges that threaten US leadership in medical device innovation. This report is based on responses from medical device startups who participated in Silicon Valley Bank’s annual Startup Outlook survey.
Digital Outlook: Healthcare Industry
Infosys commissioned an independent market research company, Vanson Bourne, to investigate the use of digital technologies and key trends in nine industries. We surveyed 1,000 senior decision makers from business and IT, from large organizations with 1,000 employees or more and annual revenue of at least US$500 million.
The report aims to discover:
a) the surging tide of digital technology adoption in organizations – what is used and where?
b) the promised land of digital technology use, and the hurdles organizations face to get there
c) the biggest disruptive digital trends within the next three years and why organizations see them as vital to future success
The summary here presents the survey results and highlights the digital outlook that will define the healthcare industry strategy over the next three years.
Workmans Comp Group Presentation
The document summarizes a presentation on workers' compensation. It discusses what workers' compensation is, how it is funded, efforts to control costs, and issues around fraud committed by employers, medical providers, and employees. It also outlines trends that may impact future workers' compensation like obesity, an aging workforce, and distracted driving.
Accenture: Partnering to Protect the Industrial Athlete
Workplace injuries continue to cost companies and their workers’ compensation insurers billions of dollars each year. Yet the combination of a new generation of industrial wearables, big data, and smart algorithms promises to change this picture for the better. Workers’ comp insurers and industrial organizations can benefit from partnering to drive these solutions into the workplace—in the process, decreasing claims, keeping industrial workers protected and productive, and bringing down costs across the board.
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SPINning the worker health problem
- 1. A Worker Health Problem: Why New, Effective Solutions Are Needed to Enhance Workers’ Comfort & Performance
- 2. SPIN Selling: Situation – Problem – Implications – Net Impact Introduction: The Situation Operating a business continues to be ever more challenging in America and around the globe. Marketplace… Risks… Competition… Costs… Pressure… Customers… Work is stressing! 2 KineticEdgePT.com
- 3. SPIN Selling: Situation – Problem – Implications – Net Impact Introduction: The Problem Hard working people, like equipment, physically wear down over time. The Facts*: Recordable claims nationally have actually decreased. Medical costs, however, have increased and are the majority of total work compensation losses. Medical costs per lost time claim have increased about twice the consumer price index (CPI) 3 KineticEdgePT.com Sources: National Safety Council, National Council on Compensation Insurance, Gray Institute, Industry data
- 4. 4 KineticEdgePT.com 0% 50% 100% 150% 200% 250% 300% 350% 400% 450% 500% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 WC Medical CPI Medical
- 5. SPIN Selling: Situation – Problem – Implications – Net Impact Introduction: The Problem Hard working people, like equipment, physically wear down over time. The Facts: Medical costs have increased more in worker compensation than in healthcare overall. MSDs are 2nd only to upper respiratory infections in primary care medical offices. MSDs represent 60% of injuries in the workplace. 5 KineticEdgePT.com Sources: National Safety Council, National Council on Compensation Insurance, Gray Institute, Industry data Other (63%) Source: Optum
- 6. SPIN Selling: Situation – Problem – Implications – Net Impact Introduction: The Implications Complex business issues result Relationships… Morale… Employees… Productivity… Quality… Performance… Job security… Compensation… 6 KineticEdgePT.com
- 7. SPIN Selling: Situation – Problem – Implications – Net Impact Introduction: The Net Impact New solutions and people are sought to solve the problem… or business and people suffer What if businesses actually lived up to the popular cliché: People are our most important asset! What if businesses could identify pre-emergent comfort, performance, & health problems before they required expensive medical care? 7 KineticEdgePT.com
- 8. Tomorrow I’ll discuss… The PERFECT STORM that is contributing to the biggest workplace problems and threatening the bottom line! 8 KineticEdgePT.com