One of the major challenges faced by companies across the globe is work productivity due to employees health and fitness issues. They are losing an aggregate of $300 billion yearly in medical and productivity costs due to increasing incidences of employee illnesses. In order to cope with the global challenge, companies are relying on progressive employee health management information technology (EHM IT) solutions providers. These provide leverage to different wellness programs to ensure employee's healthcare and better performance.

According to Frost & Sullivan, " the surge in demand for employee health services will impact the market to grow at a compound annual growth rate (CAGR) of 25%.

More and more companies are trusting and investing in corporate policies that comprise holistic provisions for workplace wellness and employee-specific health benefit plans. By adopting the IT- enabled employee health management strategies like personalized wellness programs, behavior change, surgical rehabilitation, and benefits management services, you can benefit your employees either at home or at the office and on the go. The major objective of the digital health platforms is to help employers in setting up and scaling the clinical programs hospital bed for rent. .

How employers operating in the employee health management sector can capitalize on different opportunities?

• They can invest in integrated healthcare benefits management platforms to personalize employee health care programs, provide educational information, offer access to the service providers, process claims, and showcase workplace wellness for all irrespective of level and designation.
• By putting efforts in making employee health care programs engaging through cognitive EHM IT that has natural language processing technology (NLP), online peer groups, targeted devices, and coaches for virtual health guidance.
• Endorse across specific areas that greatly need IT-enabled such as maternity care, childcare, and senior people care.
• Providing advanced home health services for chronic care employees or caregivers who have gone through surgery for better productivity results

5 Significant benefits that make investing in employee health a priority?

With moving time, companies are adopting different strategies to retain their employees with their organization. Hence, they are investing in employee healthcare programs to show how much they value and care about their staff.

Here are the key benefits that are making investing in healthcare a priority for theinfrared saunas Australia companies.

#1. Employees feel they are valued

When companies focus on improving employees' health and live substantially by introducing policies, it showcases that you truly value them. They feel nurtured and an integral part of your company. A sense of belongingness is developed with a deeper connection.

The effort put by the companies results in a way that they feel more appreciated than they would with general benefits. The employment model always works as a two-way street – if your employees feel valued, they are more likely to contribute towards work productively.

The commitment to duty of care, shown by the organizations will loop directly back to them. When employees align with a similar level of commitment and enthusiasm to the table it ends up with higher revenue and greater brand recognition. Furthermore, it develops a positive aura of culture. Those employees who feel valued are likely to be lively at work, showing a positive attitude, and create a healthy environment for everyone at the workplace.

#2. More effective as GP (general physician) not needed

Today, when time equals money, a lot of time is wasted in consulting a general physician. With an advanced online GP service, you as a company can boost the productivity of your employees in a number of ways.

For instance, if your employees are going through a medical condition, they will be taking leaves frequently for simple things like collecting reports, repeat prescriptions, getting medicines etc. Online GP is a rescue solution to all these simple errands.

Relying on an online system helps you in booking appointments, interacting with the doctor and getting prescriptions delivered anytime, anywhere. There is no need for a physical visit to the doctor, which means no need for leaves. With a streamlined service, employee absenteeism reduces and your workers are more punctual to office.

#3. Clears medical distractions

Undoubtedly, health issues are worse than getting an appointment. They can be to a large extent distracting and create emotional disturbance. If you consider the longer queue for fetching the right diagnosis, and it can literally be difficult to meet the demands of the help desk with the continual health issues.

Small things such as skipping wait times for the counselling sessions, or appointments with a general physician, can make a big difference to employees who are going through any medical condition. The drawbacks of our healthcare services significantly impact employees who are most vulnerable and do not have stamina to fight with their health problems.

Companies who invest in employee healthcare are able to establish a deep understanding with the company ethos. Usually, the employees who are combating health issues alongside work will feel acknowledged and supported. It encourages your employees to put themselves in their best and achieve the company's goal. The efforts to ease healthcare stress not only increases workplace productivity and commitment. The healthcare benefits showcase your care and concern towards your staff which results in more marginalized employees.

4. Employees will stick around far longer

When it comes to retaining your employees, your efforts towards enhancing employees can work as a great employee retention strategy. Your commitment for your workers good physical and mental health makes the employee more loyal towards the company.

Loyalty goes a long way and loyal employees helps to improve the face value of your company. With being employee health focused, you can also develop a healthy work culture that will build a rapport and set an example for others.

#5. Improve the company's credibility

When employers invest in employee health and commit to improve the wellbeing of their workforce, it creates an example for others with the perfect rounded approach for their employees.

You as a company also showcase your commitment towards your employee health and wellbeing and strengthen reputation. Providing perks like healthcare benefits can attract more dedicated and skilled persons towards your organization.

Final thoughts

It's high time that companies that are ignoring employee healthcare should make it a priority towards improving employee retention and building strong face value. It will eventually help you to stay long in the race and give internal and external growth.

About Net Health

Net Health provides cloud-based software for specialty medical providers across the continuum of care – from hospital to home. Net Health's interoperable EHRs deliver end-to-end solutions that ensure compliance, improve outcomes, empower providers and inspire care. The company serves over 14,000 facilities, including 98 percent of the largest hospital chains, two-thirds of skilled nursing facilities and many leading hospice organizations and private practices. Net Health is a portfolio company of The Carlyle Group, Level Equity and Silversmith Capital Partners.