The Rewards of Wellness Training
Real Balance Global Wellness Services llc provides training and consultation to Hospitals & Medical Facilities, EAP programs, Disease Management Companies, Corporate Wellness Programs, Fitness Centers, and all companies wanting to affect health outcomes.
Impact the health of your clients or employees where change is really possible. Gain the skills needed to motivate people to make positive lifestyle changes and accomplish goals they never thought possible. RBGWS training gives your staff the mindset, the model and the interpersonal skills to be truly effective at helping people succeed at lasting lifestyle change. Real Balance GWS will work with you to create an Individualized Training Plan that meets your business goals, your employee or client health needs. We can develop a training format that meets your schedule, and your budget.
Benefits of Wellness Coach & Lifestyle Change Training?
- Wellness Professionals find measurable lifestyle improvements in their clients.
- Managers see a reduction in absenteeism and an increase in productivity.
- Individuals who participate are happier, healthier and more productive in their lives.
- Health care providers & disease management companies find medical compliance for lifestyle issues.
- Administrators and CEO's find a reduction in the cost of health care.
Like most healthmanagement initiatives, health & wellness coaching programs are facing increased bottom line scrutiny. Coaching programs need to demonstrate on a variety of levels the positive impact and return on investment their programs will have from a financial and clinical perspective. Structuring an effective ROI calculation is a key to the ongoing success of health coaching initiatives. One of the considerations when looking at impact on reduction in healthcare costs or an increase in employee productivity is what to measure.
A few areas that come to mind are:
- Reduction in Health Risks
- An increase use of existing wellness programming
- A decrease in Doctors visits
- A decrease in accidents
- Actual change in harmful behaviors
- An increase in resiliency behaviors
The benefits are stacking up and the results are in on Wellness Coaching - read below!
Interview with Larry Chapman Proof Positive a study about wellness programming by Larry Chapman
Below you will find new ROI information
Wellness Coaches USA’s On-site Coaching ROI Analysis
Date: January 16, 2009
Wellness Coaches USA announces summary results of an independent analysis conducted by Thomson Healthcare, using their Health & Productivity Management (HPM) Return on Investment Tool (ROI Tool). The ROI Tool, which allows Wellness Coaches USA to forecast the potential impact of its onsite coaching model on future healthcare expenditures and on-the-job productivity, showed that over a period of five years the average ROI was 4 to 1, or $700 per employee.
By reducing health risks, health care expenditures can be reduced, and productivity can be increased, leading to a potential return on investment for Wellness Coaches USA customers. Therefore, the ROI Tool helps employers answer the question; “What can I expect to save, and what will be the potential return on my investment?”
Summary results from the ROI Tool Analysis
Wellness Coaches USA recently used the ROI Tool for a group of 4,000 employees from 8 of its clients with 11 locations in 10 different states, covering a wide variety of industrial classifications. To be included in the sample, each client must have utilized Wellness Coaches USA on-site coaching services for at least 1 full year and administered year over year comparative health risk assessments to its eligible employees. Aggregate data from the health risk assessments was then sent to Thomson Healthcare and entered into their ROI Tool. The ROI Tool is based upon the premise that demographics and health risks influence medical expenditures and productivity at work.
The ROI Tool’s savings from health risks produced a forecasted 3.7 to 1 return on investment in the 2nd year, representing absolute dollar savings of $940 per employee ($300 per employee in healthcare costs and $640 per employee in productivity costs). Total program costs were $250 per employee. By the 5th year, the model showed that the forecasted ROI increased to 4.3 to 1, or $1,100 per employee. It should be noted that these ROI and absolute dollar forecasted amounts were based upon current dollar values, without adjusting for any medical cost inflation, or increases in labor costs.
New White Paper from WELCOA: Top 5 Strategies to Enhance the ROI of Worksite Wellness Programs... in economically challenging times - by WellSteps
Like most population health management initiatives, health coaching programs are facing increased bottom line scrutiny. Health coaching programs need to demonstrate on a variety of levels the positive impact and return on investment their programs will have from a financial and clinical perspective. Structuring an effective ROI calculation is key to the ongoing success of health coaching initiatives.
This report highlights five important strategies that can significantly enhance ROI on worksite wellness programs. This is especially important in today’s challenging economy.