4G Biometrics: Helping Employers Control Diabetes
Innovative Means to Improve Employer Costs, Employee Outcomes:
More and more employers are realizing the high cost of diabetes care for their employees in both healthcare costs and in employee absences. One means to get a handle on these costs is to employ the services of a firm that can monitor costs and implement forward thinking healthcare monitoring like 4G Biometrics.
4G Biometrics, headquartered in Dallas/Fort Worth, Texas employs a technology, medical, and social platform designed to achieve improved employee health outcomes at a lower costs for patients’ provider, and payers.
4G works with third party administrators (TPA’s) who are always looking for an edge to improve services for large employers and achieve a better return on investment for the employer’s health care expenditures.
In the U.S. each day diabetes exacts a tremendous toll as 66 persons lose their eyesight, 225 incur amputations, and 614 persons lose their lives to this chronic and debilitating condition. The treatment cost of diabetes care is the second highest of any illness trailing only heart failure. It is estimated that diabetes comprises in $83 billion in total health care expenditures each year and that approximately 25 million Americans are afflicted with this illness. It is estimated that one in three Americans could have diabetes by 2050 if the current trend continues, according to the Kaiser Foundation.
In Texas over $18,000 annually is spent on each diabetes patient’s outpatient care and approximately 25% of all healthcare expenditures are accrued by patients with diabetes.
4G Biometrics contracts with TPA’s to collect, interpret, and communicate employee blood glucose measurements to control and improve health outcomes. To assure timely analysis in real-time 4G Biometrics incorporates blue-tooth glucometer results uploads to efficiently track blood sugar levels. This daily monitoring also allows individual patients to directly see the impact of their dietary choices on a day-to-day basis. Progress is tracked to improve health care management through interactions with providers and caregivers through online access to patient records. Comparisons are made between patient populations and the standard prevalence and cost of diabetic care to document 4G Biometrics solutioning success. Electronic monitoring allows rich amounts of data to be utilized in analyzing per member monthly claim costs and gaps in care allowing customized reporting to address employer’s concerns.
Electronic monitoring of blood glucose levels allows quick response when individual patients register a 300+ blood sugar count for three consecutive days. 4G is able to use this information in outreaching to caregivers and has developed tiered interventions to address specific patient circumstances. In addition co-morbidities are tracked to assess and improve patient overall health.
4G Biometrics services allow TPA’s to improve outcomes without increased costs to their client employers. Costs are absorbed by simply re-allocating existing cost outlays with no start-up fees or monthly service fees. The services include “cloud” storage of all personal health information securely in compliance with all HIPAA requirements. Reporting is robust including risk management reports, gaps in care reporting and analysis and ADA daily testing adherence reporting.
Upon implementation of services 4G assists the TPA in identifying covered diabetes patients, notifies all plan participants of the benefit enhancement, and deploys the 4G Biometric solution to all diabetics. 4G’s services include detailed clinical analysis of the diabetic population which inform care management planning and patient interventions to secure improved health outcomes over time.
4G Biometrics demonstrates exceptional health outcomes and savings for its TPA clients. 4G achieves lowered blood sugar measurements by an average of 20% and health complications by 37%. These health outcomes lead to exceptional costs savings that average 20% in overall diabetic spending.
More and more employers are realizing the high cost of diabetes care for their employees in both healthcare costs and in employee absences. One means to get a handle on these costs is to employ the services of a firm that can monitor costs and implement forward thinking healthcare monitoring like 4G Biometrics.
4G Biometrics, headquartered in Dallas/Fort Worth, Texas employs a technology, medical, and social platform designed to achieve improved employee health outcomes at a lower costs for patients’ provider, and payers.
4G works with third party administrators (TPA’s) who are always looking for an edge to improve services for large employers and achieve a better return on investment for the employer’s health care expenditures.
Diabetes’ Tremendous Costs
In the U.S. each day diabetes exacts a tremendous toll as 66 persons lose their eyesight, 225 incur amputations, and 614 persons lose their lives to this chronic and debilitating condition. The treatment cost of diabetes care is the second highest of any illness trailing only heart failure. It is estimated that diabetes comprises in $83 billion in total health care expenditures each year and that approximately 25 million Americans are afflicted with this illness. It is estimated that one in three Americans could have diabetes by 2050 if the current trend continues, according to the Kaiser Foundation.
In Texas over $18,000 annually is spent on each diabetes patient’s outpatient care and approximately 25% of all healthcare expenditures are accrued by patients with diabetes.
The 4G Biometrics Solution
4G Biometrics contracts with TPA’s to collect, interpret, and communicate employee blood glucose measurements to control and improve health outcomes. To assure timely analysis in real-time 4G Biometrics incorporates blue-tooth glucometer results uploads to efficiently track blood sugar levels. This daily monitoring also allows individual patients to directly see the impact of their dietary choices on a day-to-day basis. Progress is tracked to improve health care management through interactions with providers and caregivers through online access to patient records. Comparisons are made between patient populations and the standard prevalence and cost of diabetic care to document 4G Biometrics solutioning success. Electronic monitoring allows rich amounts of data to be utilized in analyzing per member monthly claim costs and gaps in care allowing customized reporting to address employer’s concerns.
Electronic monitoring of blood glucose levels allows quick response when individual patients register a 300+ blood sugar count for three consecutive days. 4G is able to use this information in outreaching to caregivers and has developed tiered interventions to address specific patient circumstances. In addition co-morbidities are tracked to assess and improve patient overall health.
4G Biometrics Services Benefits
4G Biometrics services allow TPA’s to improve outcomes without increased costs to their client employers. Costs are absorbed by simply re-allocating existing cost outlays with no start-up fees or monthly service fees. The services include “cloud” storage of all personal health information securely in compliance with all HIPAA requirements. Reporting is robust including risk management reports, gaps in care reporting and analysis and ADA daily testing adherence reporting.
Upon implementation of services 4G assists the TPA in identifying covered diabetes patients, notifies all plan participants of the benefit enhancement, and deploys the 4G Biometric solution to all diabetics. 4G’s services include detailed clinical analysis of the diabetic population which inform care management planning and patient interventions to secure improved health outcomes over time.
4G Biometrics demonstrates exceptional health outcomes and savings for its TPA clients. 4G achieves lowered blood sugar measurements by an average of 20% and health complications by 37%. These health outcomes lead to exceptional costs savings that average 20% in overall diabetic spending.
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