On July 3, 2015, the New York Times reported “Health insurance companies around the country are seeking rate increases of 20% to 40% or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected.” All the while, the US continues to spend a greater percentage of its wealth on healthcare than any other industrialized nation. An average of $8,915 per person is spent on healthcare, reaching a total of $2.8 trillion spent annually. Elevated healthcare costs are eroding company profits in the US and are doing little to improve the health of the general population.
The solution to reducing healthcare costs and improving the health of patients: Health Hero. Health Hero aims to improve the lives of millions of people around the world by engaging patients in a modern way, on a daily basis, and in the simplest way possible. Health Hero provides sophisticated and personalized health engagement experiences, meeting patients where they are to improve overall health. For the tech savvy patient, Health Hero’s instant, sophisticated, and flexible platform allows the patient and his or her physician to monitor health via mobile and wearable devices. For a patient who is uncomfortable using advanced technology, Health Hero will communicate via text message or automated voice response. The Health Hero system is on demand, simple to use, and engages patients in a manner that is convenient.
The traditional fee-for-service healthcare model has been turned on its head with the shift towards value-based care. The Health Hero platform is on the cutting edge of this paradigm shift. Health Hero provides hospitals and doctors the ability to monitor a patient’s health by delivering onsite biometric data. Potential health risks such as elevated blood pressure, unhealthy blood glucose levels, and unsafe cholesterol levels can be identified and averse health risks thwarted. With the help of Health Hero, the status of a patient can be monitored even after the patient has left the safety and security of the doctor’s office or hospital.
Health Hero successfully accommodates the inevitable changes coming down the pipeline in the healthcare industry: valued-based service, digital integration, and mobile health monitoring. For an in-depth look at the extensive capabilities of the Health Hero platform, watch Chief Happiness Officer Anthony Diaz pitch to the sharks on Shark Tank! Follow Health Hero on Twitter @GoHealthHero to continue to learn how the company is transforming patient engagement.