Navigation Links
Integrated Benefits Institute Helps Employers Make the Business Case for Health and Productivity Improvement
Date:12/8/2008

Fortune 500 employer estimates that saving one day in health-related lost productivity equals 56 cents per share

SAN FRANCISCO, Dec. 8 /PRNewswire/ -- In today's challenging economy every employer needs to maximize the value of its health expenditures for business success. To help companies make the business case for health investments, the Integrated Benefits Institute (IBI) has developed a DVD about the experience of a Fortune 500 company in securing executive-level support for health and productivity initiatives. The DVD demonstrates how to make the business case for understanding the full value of such investments and is relevant to employers of all sizes.

With the support of an IBI health and productivity modeling tool, the CFO, in partnership with the company's executive for wellness and health promotion, targeted a one-day improvement per employee, per year in estimated health-related lost time. The productivity impact of that one day on the company's bottom line would improve annual earnings by $15 million. This result is equal to the bottom-line impact of growing their "top-line" sales revenue by $61 million. The Wall Street value of saving one day of lost time equaled 56 cents per share.

The DVD is part of a continuing effort by IBI to provide employers and their supplier partners with resources for proving the business value of health. "This information is a great example of how employers can utilize tools such as IBI's Health & Productivity Snapshot to identify health-related productivity issues and communicate the value of health, solutions and strategies to the C-Suite," said Thomas Parry, PhD, president of IBI.

Single copies of the DVD, underwritten by Novartis, are available on request. The DVD may be ordered on IBI's website at http://ibiweb.org by clicking on "Free Business Case DVD" in the orange "What's New" box. Employers can quality for a free one-year IBI membership and can get additional information on IBI's website.

About the Integrated Benefits Institute

The Integrated Benefits Institute (IBI) provides employers and their supplier partners with resources for proving the business value of health. As a pioneer, leader and nonprofit supplier of health and productivity research, measurement and benchmarking, IBI is a trusted source for benefits performance analysis, practical solutions, and forums for information and education. IBI's programs, resources and expert networks advance understanding about the link between - and the impact of - health-related productivity on corporate America's bottom line. The IBI/NBCH 2009 Health & Productivity Forum will be held February 9-11, 2009 in Los Angeles. For additional information visit: ibiweb.org.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Cary Conway

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=81799


'/>"/>
SOURCE Integrated Benefits Institute
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Relsys International Launches the Pharmacovigilance Integrated Services Offering and Significantly Expands Project Delivery Capabilities
2. Integrated Healthcare Holdings, Inc. Announces New Chief Executive Officer
3. Integrated Benefits Institute Announces Availability of 2007 IBI Benchmarking Data for Employers to Evaluate Effectiveness of their Health and Productivity Programs
4. MedCommons HealthURL, a New Unified Clinical Viewer Appliance, Is Integrated with EMC Open Systems Archive Solution for Healthcare Organizations
5. MedQuist and Primordial to Demonstrate Integrated Applications at RSNA
6. Integrated Beverage Group Launches Childrens Throat Cooler(R) in Canada
7. Lakeside Systems, Inc. Unifies Integrated Healthcare Delivery System under New Brand: Lakeside Community Healthcare
8. Video: Ultrasound Systems Can Produce Clearer Images With TIs New Family of Fully Integrated High-Voltage Pulsers and Switches
9. Chief Executive Officer Leaving Integrated Healthcare Holdings, Inc.
10. Spectrum Control Receives $1.2 Million Order for Microwave Integrated Assemblies
11. MedQuist Introduces SpeechQ for Radiology Integrated with RadWorkFlow
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/16/2017)... New York (PRWEB) , ... January 16, 2017 ... ... SightMD today announced the addition of Victor Giamos, MD to their ... of SightMD and Managing Partner at North Shore Eye Care, a division of ...
(Date:1/16/2017)... , ... January 16, 2017 , ... ... availability of the newly updated International Audit Protocol Consortium (IAPC) EHS audit protocol ... protocols to understand the scope of their EHS regulatory obligations and rapidly collect, ...
(Date:1/16/2017)... ... ... St. Louisans are well-aware of the following facts at present:, ... be having no effect on keeping this particularly bad strain of the flu away , ... sneezing, or sniffling , These facts are well-known among the team at ...
(Date:1/16/2017)... Beverly Hills, CA (PRWEB) , ... January 16, ... ... published a manuscript in the Aesthetic Surgery Journal , the official journal ... study he conducted on lower eyelid retraction surgery. The procedure is designed to ...
(Date:1/16/2017)... ... January 16, 2017 , ... One thing common to all types ... to test for, as well. The money spent screening for and treating cancer in ... U.S. screen patients for cancer more than in any other country that has an ...
Breaking Medicine News(10 mins):
(Date:1/13/2017)... , January 13, 2017 This ... see how they have fared at yesterday,s closing bell: ... Biopharma Inc. (NASDAQ: GALE ), and ACADIA ... harness cellular and biomolecular processes to develop technologies and ... environmental footprint, feed the hungry, use less and cleaner ...
(Date:1/13/2017)... 2017 The 2016 election resulted in ... states voting in favor of legalizing cannabis for recreational use, ... in the U.S. In addition, the state of ... cannabis products sales. The ArcView Group has published an updated ... cannabis sales in the U.S. last year reached $6.7 billion, a ...
(Date:1/13/2017)... 2017   JDRF , the leading global ... pleased to announce that after more than a ... & Medicaid Services (CMS) has recognized continuous glucose ... use in making diabetes treatment decisions as durable ... eligible for coverage under Medicare. JDRF has been ...
Breaking Medicine Technology: