Why invest? The business case

Good health makes good sense
If you want to improve the health of your community or organisation the formula is the same, track your populations’ health & well-being so you can measure and target health interventions.
Here’s just a few of the benefits...
Benefits for our corporate and public sector customers:
- Improved productivity and performance
- Reduced costs associated with sickness absence
- Becoming an employer of choice
- Measuring and targeting health interventions
Benefits for our community health customers:
- Improvements in the health status of the community
- Prevention or delay of the onset of chronic conditions
- Reduction in costs to the NHS
- Identification of health risk areas and delivery of targeted interventions
Benefits for our partners:
- New market opportunities
- Produce additional revenue streams
- Increase their competitive advantage
- Improved stickability and engagement for their product
There is a wealth of research and evidence supporting the efficacy health promotion interventions. The facts and figures speak for themselves:
- Health promotion interventions can lead to a 5% reduction in the number of high health risk individuals in a population (vielife/IHPM Health and Productivity Research Study 2005)
- A 10% increase in the number of low health risk individuals in a population
- The potential savings from implementing the vielife solution in the community, and avoiding the associated costs of managing preventable conditions such as heart disease and stroke is estimated to be in the region of £1.3 million over 10 years (Independent economic evaluation of the Connect 4 Life project 2007).
- Health promotion programmes can deliver a potential return of £6.19 for every £1 invested for your clients
How can you afford not to invest in the health & well-being of your organisation?
- It costs an average of £4,000 to replace a worker
- People in "good" health are up to 20% more productive than those in "poor" health1
- Health promotion programmes can have a positive impact on employee health producing a return of £6.19 for every £1 invested2
- Workplace absence stands at 8 days per employee, costing the average employer £666 per employee per year3
- The annual economic costs of sickness absence and worklessness are estimated to be over £100 billion
- Individuals with five or more risk factors are twice as likely to be absent from work that individuals with two risk factors5
- The market for occupational health provision is believed to have increased by 7% to £394 million4
- An estimated 53% of UK occupational health services were outsourced to private companies and the trend towards outsourcing is likely to increase6
Sources:
- Boles M, Pelletier B, Lynch W. The relationship between health risks and work productivity. J Occup Environ Med 2004: vol 46(7); pages 737-745.
- Mills, P.R., Kessler, R.C., Cooper, J., & Sullivan, S. Impact of a health promotion program on employee health risks and work productivity. Am J of Health Promot 2007: vol 22 (1): pages 45-53.
- CIPD annual absence management survey 2008
- Dame Carol Black's review of the health of Britain's working age population 'Working for a Healthier Future'.
- Musich S, Hook D, Baaner S, Edington DW. The association of two productivity measures with health risks and medical conditions in an Australian employee population. Am J Health Promot 2006: vol 20; pages 353-363
- Market and Business Development 2008, ‘UK OCCUPATIONAL HEALTH MARKET RESEARCH REPORT’, September, viewed 21st April 2009 http://www.mbdltd.co.uk/Press-Release/Occupational-Health.htm
next steps
Contact us by calling 020 7183 2289 (option 2), or email findoutmore@vielife.com
Employee health
Community health
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