Alliance provides leading employers with cost savings and quality
outcomes
ARLINGTON, Va.--(BUSINESS WIRE)--Oct. 26, 2015--
Crossover Health Medical Group, a next generation provider of employee
health care, and Towers Watson (NASDAQ: TW), a global professional
services company, have announced an alliance that leverages their
specific competencies to create near-site health and wellness
centers in specific geographic locales. The centers are designed to
improve accessibility and quality of care for self-insured employers and
are expected to help reduce health care costs.
The first of these private centers opened on October 5, 2015, in
Mountain View, California, and is already fully subscribed by five
leading employers, including Intuit and Microsoft. Several additional
sites are planned in the Northern California Bay Area for 2016.
“We are pleased to work with Towers Watson to offer employers a way to
help their employees and their families be healthier and happier,” said
Scott Shreeve, M.D., CEO of Crossover Health. “Drawing from our proven
experience with onsite centers for large employers, we have followed the
growing interest from smaller employers that sought a similar offering
but did not have enough employees or real estate to offer an onsite
health center themselves. The near-site concept is designed to solve
this dilemma by allowing employers to pool resources and offer their
employees a remarkable, patient-driven health experience that delivers
lower costs and increases quality.”
According to a recent survey by Towers Watson, employers that already
operate onsite health centers find them to be a valuable component of
their health programs: More than half (56%) have had these centers for
more than five years, and 66% plan to expand their onsite services. In
addition, the employers that already provide these facilities are
confident that these health centers improve the health and productivity
of their employees. In fact, four in 10 (38%) with onsite health
facilities plan to add new centers over the next two years.*
“Employers welcome cost-effective and innovative solutions that keep
employees healthy and productive, and the near-site option opens the
opportunity for more employers to access this attractive offering,” said
Andrew Halpert, M.D., a senior health care management consultant at
Towers Watson. “Through a wide array of convenient and personalized
services, the near-site health center provides a scalable alternative
that can match the needs and programs of employers of all sizes. Working
together with Crossover Health, we are looking forward to bringing this
novel approach to our clients and delivering outstanding clinical and
engagement results.”
The near-site health centers will follow the lifestyle medicine model of
Crossover’s successful onsite centers, offering primary care, physical
medicine, behavioral health, health coaching and vision services
supported by state-of-the-art technology and concierge-level service to
provide a remarkable patient experience. The centers are designed to
provide multiple opportunities for patients to engage with providers and
improve their health. As part of the alliance, Towers Watson provides
implementation support, quality oversight and performance measurement
services.
About Crossover Health
Crossover Health designs and delivers a unique employee care experience
for companies that understand the financial and cultural return of a
healthy, motivated workforce. Crossover Health is a medical group that
combines advanced health management services and exceptional member
experiences through a comprehensive primary health offering. The company
works closely with client partners to optimize the benefit design,
customizing health services based on a review of health analytics and
then collaborating on the delivery of an inspired patient experience
that helps engage people in their own health. Crossover Health is behind
a transition from outsourced, out-of-control health spending to an
insourced, accountable and designed platform of care. This approach
enables significant reductions in costs while improving the quality of
care by motivating and inspiring people to be at their healthiest and to
take ownership of their health. Crossover Health is headquartered in
Aliso Viejo, California, and is backed by Norwest Venture Partners. www.crossoverhealth.com
About Towers Watson
Towers Watson (NASDAQ: TW) is a leading global professional services
company that helps organizations improve performance through effective
people, risk and financial management. With 16,000 associates around the
world, the company offers consulting, technology and solutions in the
areas of benefits, talent management, rewards, and risk and capital
management. Learn more at towerswatson.com.
*Achieving High-Performance Employee Plans With Onsite Health Centers,
Towers Watson, June 2015
View source version on businesswire.com: http://www.businesswire.com/news/home/20151026005179/en/
Source: Towers Watson
Towers Watson
Rob Wyse, +1 212-920-1470
rob@capital-content.com