Payers/Employers
LiveMetric can provide significant value to both payers and employers by helping manage the health of their members and employees, particularly those with cardiovascular conditions. Here’s how:
1. Reducing Healthcare Costs
By continuously monitoring blood pressure and heart rate in real-time, LiveMetric helps identify health issues early, preventing costly emergency interventions. This early detection can reduce hospital admissions and ER visits, helping payers and employers save on overall healthcare costs for their members and employees.
2. Chronic Disease Management
For payers and employers managing populations with chronic conditions like hypertension, heart disease, and heart failure, LiveMetric offers a way to proactively monitor and manage these conditions. The continuous data enables better disease management, leading to fewer complications, better adherence to treatment plans, and improved long-term health outcomes.
3. Workplace Wellness Programs
LiveMetric’s wearable device can be a key component of employer-sponsored wellness programs. By providing employees with a tool to continuously monitor their health, employers can encourage healthier lifestyles and reduce the risk of chronic conditions like high blood pressure, which can lead to costly long-term absenteeism and reduced productivity.
4. Data-Driven Health Interventions
For both payers and employers, LiveMetric’s continuous data stream provides actionable insights into the health of their populations. This allows for tailored interventions such as personalized wellness programs, better disease management strategies, and targeted healthcare services, all aimed at improving overall health and reducing costs.
5. Enhancing Remote Care
In the current shift toward telehealth and remote care, LiveMetric’s integration into remote patient monitoring platforms makes it easier for payers to offer remote care options. This helps reduce the need for in-person visits while keeping employees or members engaged with their healthcare, leading to better outcomes and lower costs for chronic disease management.
6. Improving Employee and Member Engagement
LiveMetric’s easy-to-use wearable device encourages employees and members to take an active role in monitoring and managing their health. Continuous, non-invasive monitoring makes it simpler for users to stay engaged with their health data, which can boost adherence to wellness initiatives and overall health goals.
