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3 Reasons Your Competitors are Investing in On-Site Clinics

Posted by Tatiana Spears on June 8, 2016
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Uncover the one wellness strategy that top companies use to attract top talent, bolster the bottom-line, and leave competition in the dust.

3 Reasons Your Competitors are Investing in On-Site Clinics | Tatiana Spears | Employer Healthcare Strategies blog by CareATC, Inc.What comes to mind when you think of an on-site clinic? For many, a venture that only the biggest names in business can afford. Imagine a place dedicated to treating employees and their families with no out-of-pocket expenses for primary healthcare and generic prescriptions – all while saving you money and improving productivity.

Sound too good to be true? It’s not. Here are the top 3 reasons why your competition is investing in on-site clinics – and why you should too.

Reason #1: To Reduce Healthcare Costs

Healthcare is one of the biggest benefits employees value but one of the most expensive for employers to sustain. One smart, effective way employers are savings costs is by becoming self-funded, assuming greater influence and control over healthcare costs.

One of the most innovative ways employers are reducing health care costs is by improving access to primary care through employer-sponsored clinics. In fact, 74% of employers who establish an on-site clinic do so to reduce medical costs. These clinics are often managed by third party vendors and typically provide primary care and generic prescriptions at no cost to the employee.

By removing common barriers to care, including cost, employees and their families have access to quality care. For employers with a comprehensive wellness strategy, this is only the beginning.

Reason #2: To Improve Employee Health

Employers who leverage wellness effectively don’t stop after they set up shop. The magic really happens when employers build a dynamic and comprehensive wellness ecosystem centered around the clinic, resulting in increased clinic utilization and ultimately value for the employer and employee. According to a Towers-Watson survey, two-thirds of employers who offer on-site clinics (66%) plan to expand or enhance the already broad services they offer.

To give you a feel of what a comprehensive wellness center looks like, meet Joe. Let’s say Joe takes part in his annual personal health assessment. There were a few results that were of concern, and Joe is encouraged to review results with his primary care provider at the clinic. Joe does, and discovers he has diabetes. Before Joe leaves the clinic, he is set up with generic medications and enrolled in a chronic disease management program that provides him the information he needs and the right amount of touch-points to connect with his physician. 

With such a comprehensive wellness ecosystem in place, employees like Joe have greater opportunities and actionable solutions towards improving their health. 

Reason #3: To Cultivate a Culture of Wellness

A healthy workforce doesn’t just reduce healthcare costs in the long-run — it can actually improve your bottom-line. It’s no secret that healthier employees are happier and more productive, but did you know that companies that establish and foster a culture of wellness also are the most innovative?

According to a study conducted The Economist Intelligence Unit, there is a competitive advantage for companies with a wellness culture. Top employers are improving return on investment by anchoring health coaching and social wellness programs to on- or near-site clinics.

What this does is empower employees, no matter where they are in their wellness journey, to take actionable steps toward their goals across the care continuum. 

If you’re serious about reducing healthcare costs while improving employee health, and becoming more competitive, then consider if an on- or near-site clinic is right for you.

on-site clinics - CareATC
Tatiana Spears

About The Author

Tatiana Spears

With an MBA mind for analysis and strategy development, Tatiana loves transforming creative ideas into practical application for innovative companies and professionals. She is also the proud owner of an overworked Nespresso machine.

Post Topics On-Site Medical Clinics