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Data, data, data.
We believe we're experiencing a paradigm shift in how businesses deal with health, wellbeing and data.
Indeed, at the recent REBA Congress in 2023, a room full of global HR and Benefits leads told us that 58% of them felt that “improving their use of data to make decisions” was their biggest business priority for2024 (just in front of exploring AI).
At the same time, we see clients experiencing an unprecedented rise in health costs/ insurance premiums, budget cuts across health/ wellbeing and the cost of mental and physical health (which in turn results in absenteeism, burnout and productivity issues).
Whilst some of our clients (who operate centrally) are able to accurately track data around all of the above – utilising powerful BI tools such as Tableau, Looker and GA to both identify trends, savings and costs mapped to locations, the vast majority do not have the systems in place to track or action this.
We believe that population health data – physical, mental and social – is invaluable to businesses to drive better business decisions, save costs and, ultimately, help the biggest asset a company can have – its people.
How do businesses address this?
In order to achieve that, we think that five things are needed:
Each of these topics are monsters, and we’ll be going into more detail on how our clients tackle these issues, and (naturally) how AI is being used for this (and in the battle against health costs more generally).
From our side, we’re excited to shortly reveal our powerful new health data analytics tool, lovingly and provisionally entitled JiveJuice (not really – check out CEO Will Turner’s recent LinkedIn post on this), which looks to tackle the above problems, supplementing our powerful, gamified Engage product with real-time health trend data across populations to businesses.
In the meantime, if you want a chat about data, even if just to chinwag about what we’ve seen, we’re always happy to share (and learn). Feel free to book in a call with the team, here.