Truven Health

RETURN ON
INVESTMENT (ROI) MODEL
BENEFITS
ƒƒ Design and implement highimpact programs that yield a
positive ROI
ƒƒ Establish a business case and
guide investments in health
promotion programs
ƒƒ Justify the time, effort, and money
spent on intervention programs
ƒƒ Negotiate with vendors to ensure
programs are cost-effective
ƒƒ Run alternative “what if” scenarios
to model potential results with
various levels of investment
Demonstrating ROI for Health
Promotion and Wellness Programs
Finding better ways to manage the risk
Designed to show the relationship
level of consumers, in particular those
between modifiable risk factors and
with chronic conditions, is critical
medical expenditures, the ROI Model
for organizations to reduce costs and
addresses the following common, and
increase profitability. As a result, many
often costly, health risks:
organizations have developed health
•
high blood glucose
and wellness programs to address
•
obesity
behaviors that can lead to expensive
•
physical inactivity
chronic conditions. However, they
•
depression
need evidence that these programs are
•
poor nutrition/eating habits
achieving the desired results.
•
tobacco use
•
high total cholesterol
FEATURES
Truven Health Analytics, in
•
high stress
collaboration with Emory University,
•
high blood pressure
ƒƒ Incorporates organization-specific
demographic, health risk, and
program impact data
recently developed an updated
•
high alcohol consumption
health plans, and government agencies
Basis for the ROI Model
ƒƒ Predicts cost savings from
programs designed to address
10 modifiable health risks
evaluate the cost savings and ROI from
Truven Health Analytics, in partnership
their risk reduction efforts. The Truven
with the Emory University Institute
Health ROI Model helps organizations
for Health and Productivity Studies
answer questions such as:
(IHPS), conducts empirical research on
•
Which health risks are the most
the relationship between health and
prevalent and the most costly for
productivity. Our research helps inform
your organization?
public and private sector decision
What level of risk reduction is
makers on issues related to health and
needed to justify an investment in
productivity management.
ƒƒ Proactively or retrospectively
estimates the financial return for
a program
ƒƒ Incorporates findings from peerreviewed studies showing the
relationship between health risk
and cost
modeling tool to help employers,
•
health promotion?
•
What is the break-even point for
a wellness program?
Product Spotlight
Return on Investment Model
The empirical data on which the ROI
Next, we enter the data into the ROI
Model is built is derived from the
Model to project cost impacts and ROI.
original Health Enhancement Research
Short- or long-term program effects can
Organization (HERO) study that was
be projected by altering the various
published in 1998 in the Journal of
inputs. If information for certain input
Occupational and Environmental
values is not known, the ROI Model
Medicine. Updated findings will be
uses selected default values that are
published in the November 2012
based on scientific literature or credible
issue of Health Affairs.
government sources.
Data Inputs and Ease of Use
Finally, we work with you to review
The ROI Model makes it easy to get the
and interpret the results and determine
information you’re looking for in three
next steps.
1
2
simple steps.
For More Information
The first step is to work with Truven
For information about licensing the
Health Analytics to gather the data
ROI Model, please contact your Truven
inputs for use in the ROI Model. The
Health Analytics client team for use
information required to populate the
options and a pricing schedule.
model includes:
•
health risks (health risk
If you have technical questions about
assessment, electronic medical
the ROI Model, please contact Maryam
records, etc)
Tabrizi, Research Leader at Truven
•
demographic characteristics
Health Analytics, at maryam.tabrizi@
•
the amount spent on risk reduction
truvenhealth.com.
programs
1
oetzel RZ, Anderson DR, Whitmer RW, Ozminkowski RJ, Dunn RL, Wasserman J. The relationship between
G
modifiable health risks and health care expenditures: An analysis of the multi-employer HERO health risk and cost
database. J Occup Environ Med. 1998 Oct; 40(10):843-854.
2
Goetzel, RZ et al. Ten modifiable health risk factors are linked to more than one-fifth of employer-employee health
care spending. Health Affairs. 2012 Nov; 31: No 11.
CONTACT US
For more information about
Truven Health Analytics solutions,
email [email protected],
call 866-263-1958, or visit
truvenhealth.com.
ABOUT TRUVEN HEALTH ANALYTICS
Truven Health Analytics delivers unbiased information, analytic tools, benchmarks, and services to the healthcare industry. Hospitals, government agencies,
employers, health plans, clinicians, and life sciences companies have relied on us for more than 30 years. We combine our deep clinical, financial, and
healthcare management expertise with innovative technology platforms and information assets to make healthcare better by collaborating with our
customers to uncover and realize opportunities for improving quality, efficiency, and outcomes. With more than 2,000 employees, we have major offices
in Ann Arbor, Michigan; Chicago; and Denver. Advantage Suite, Micromedex, ActionOI, MarketScan, and 100 Top Hospitals are registered trademarks or
trademarks of Truven Health Analytics.
truvenhealth.com
|
1.800.525.9083
©2012 Truven Health Analytics Inc. All rights reserved. All other products names used herein are trademarks of their respective owners.