It is becoming increasingly difficult to get new employees. It is even more difficult to keep them if they keep jumping to the next company that is offering them higher wages. Onsite Clinics are a way of giving your company the upper hand by offering a benefit that the competition does not.
Onsite clinics control healthcare costs. Our clinics provide acute care, preventive care and wellness care to employees at their place of employment. This decreases both presenteeism and absenteeism at work. Onsite clinics are particularly beneficial for decreasing the number of off-site, health-related, patient care visits. This decreases your companies overhead.
A study was conducted using Cost-Effectiveness Analysis comparing onsite to offsite health care in a company named Syngenta with 725 employees. In a 12 month time period from 2002 to 2003 the onsite clinic performed 1962 treatments/exams. The total cost of the staff + supplies + equipment to perform those treatments was $171,322. The list of procedures was then researched in the United Health Care and Blue Cross and Blue Shied databases and it was found that the those same treatments would have hit the companies health plan for $395,793, a difference of $224,471.
The study went on to show that even though the direct cost savings are significant, they do not show the whole picture.
By having the clinic onsite employees are not away from their desks for long periods of time. This eliminates loss
of productivity because of appointments. This study found that based on a survey the average time spent away from their desks for an appointment was 2 hours. If we take those 2 hours x number of visits seen in the clinic x average employee hourly wage this study concluded that they saved $113,883 in lost productivity.
Lastly, by seeing the employees onsite these employees did not have to pay their co-payments of $20 per visit which save an additional $37,000 in out of pocket costs.
In conclusion, this company and its employees would have spent $546,676 vs $171,322 in health care costs if they did not have the onsite clinic. These numbers demonstrate a $3.19/$1.00 return on investment in those 3 categories alone.
An onsite clinic does more than just defer care from offsite providers to onsite providers.