Wellco News

Prestigious 20th Annual Employer Health Conference Provides Takeaways In a New Health Care Era

NBCH ConferenceThe 20th Annual Conference of the National Business Coalition on Health, held November 16-18, 2015, in Dallas, brought together an extensive array of key health care stakeholders. The conference focused on improving health outcomes and reducing excessive cost by benefit design, enhanced care management, payment reform, and reducing waste.

Employer health leaders gathered around the theme: Achieving Health Care Value: No Purchaser is an Island. Participants included members from 52 coalitions across the United States representing over 4,000 employers and approximately 35 million employees.

Scott Foster, Wellco President, provided the closing keynote address, Heroic Health: How to Turn Bad News Into Best Practices and Bounce Back from the Health Care Crisis.  Findings presented during Foster’s address included:

    -Employers typically don’t address health care beyond the short-term tasks of annual plan shopping, cost shifting and generic wellness.

    -There is a disconnect between what science knows and what business does related to health. Middle managers believe initiatives are working, yet 69% have not attempted to measure effectiveness and, of those that have, 65% are unsatisfied with their outcomes.

    -Providers have opportunities to work together and complement the primary care foundation, beyond the typical 7-minute office visit and 60-second patient-physician conversation.

    -Engagement is measurably higher when messaging and care is personalized.

    -A leadership data dashboard can measure success, including avoidable costs, trends and ROI benchmarks.

    -Businesses don’t want to be trailblazers but want to know how to make more effective, long-term health care decisions.

 About NBCH

Over the past 22 years, the National Business Coalition on Health (NBCH) has provided expertise, resources and a voice to its member coalitions across the country and represented each community coalition at the national level. NBCH is a national, non-profit 501(c)6, membership organization of purchaser-led health care coalitions. NBCH and its members are dedicated to value-based purchasing of health care services through the collective action of public and private purchasers. NBCH seeks to accelerate the nation’s progress towards safe, efficient, high-quality health care and the improved health status of the American population. Learn more by following this link

About Scott Foster and Wellco

Scott Foster is President of Wellco. Scott is a frequently- invited expert and speaker regarding making sense of employer health care strategies and the effectiveness of health and wellness programs. Scott and Wellco have provided award-winning, results-oriented systems to measurably improve organizational health costs and conditions.  Learn more by following this link

Wellco’s Foster to Keynote NBCH National Conference

National Business Coalition on Health Annual ConferenceThe National Business Coalition on Health (NBCH) has confirmed the closing keynote speaker for their 20th Annual Conference.  Scott Foster, Wellco President, will be presenting.  The theme of the conference is Achieving Health Care Value: No Purchaser is an Island.  The conference will be held November 16-18, 2015 in Dallas, TX.

You can learn more, including registration and speaker information, by following this link

When Success Became Excess

Scott Foster had one of those “be careful what you wish for” years.Scott Foster, Wellco

His company, Wellco Corp, was featured in Crain’s Stage 2 Strategies in July for its work in turning the company’s business model on its head.

Wellco moved away from its traditional business of setting up employer wellness programs to using software to analyze employer’s entire health care programs.  The move created more consulting business and turned former competitors into customers.

That grew revenue and customers.  But is also grew demand for time with Foster, who spent much of the year learning how to reconfigure work-life balance.  For the full article, featured in Crain’s, follow this link

Healthcare Heats Up At Detroit Radiant Products Co.

Joe Wortman and Scott FosterAs a global provider of energy efficient heating solutions since 1955, Detroit Radiant Products Co. (DRP) recognizes the importance or continuous improvement and education. DRP provides educational theme summers to address important topics and complement corporate culture in between busy manufacturing periods.

DRP wanted data points to address unknown employee health conditions and increasing health insurance rates. They needed an effective way to engage employees in the transition into a new normal while having metrics to guide results. However, the sheer amount of ideas, resources and conflicting messages made getting started difficult and uncomfortable.

DRP launched a partnership with Wellco to reinforce health care adjustments and clarify uncertainty. Wellco provided measurement of avoidable medical conditions.

You can read more about DRP’s news by following this link.

 

 

 

Altering business model can help – but don’t do it lightly

Businesses call Scott Foster when they want to provide employees with the perk of a wellness program — and gain a little insight Scott Foster, Wellcoof their own. Foster’s company, Wellco Corp., has created preventive health care regimens since 1996, providing clients with the tools to analyze their overall health care benefits and costs.

But the health care world has been changing, and Foster knew he needed to adapt.  For the full article, featured in Crain’s Detroit Business and AHIP Wellness SmartBrief, follow this link

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The Detroit News

"Meet the leaders."

Detroit Free Press

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