16 May 2008 - WorldDoc, Inc. (2007 Inc.500 Awardee, Ranked 103)
Overview
WorldDoc, Inc. is a private company based in Las Vegas, Nevada that provides comprehensive, fully integrated consumer Care Management Systems to health plans, third party administrators (TPAs) and employers. These systems are used by consumers (employees) to empower them to make better health care decisions resulting in improved health and lower pharmacy and hospitalization costs.
WorldDoc’s complete integration of a patient’s medical and pharmacy claims, laboratory testing results, medical care provider data, biometric and self-administered testing results and health risk assessment (HRA) information provides a comprehensive care management solution that includes personalized medical goals, care gap identification and communication with suggested treatments.
Core Product and Service
WorldDoc 24/7, an interactive personalized health management system, provides consumers with 24-hour medical decision support by web, mail and phone. By integrating medical and pharmacy claims and health risk assessment (HRA), WorldDoc sends personal messages to individuals concerning their gaps in care and identifies opportunities and incentives to engage them to take action to improve their health. In addition, WorldDoc 24/7 tracks an individual’s behavior over time and answers their individual health questions. Summary population analysis leads to targeted programs yielding further improvements.
Value and Return on Investment
Healthcare costs for the average employee are over $8,000 annually and continue to rise at over 8% per year. In most employer populations, 20% of members account for over 80% of the costs. The largest savings occur from more effectively managing these high risk members as well as preventing low risk members from becoming high risk. WorldDoc identifies and teaches higher risk people how to manage their health and achieve their health goals in collaboration with their doctor.
Enabling consumers to become active, informed participants in their own health care processes translates to cost savings, improved health and higher employee satisfaction. Fewer doctor visits, better prescription drug choices, improved disease and chronic condition management, streamlined care, and increased productivity and attendance at work yield significant return on investment for WorldDoc clients.
Integration with Your Health Benefit Program
Optimal success with WorldDoc is dependent upon engagement by senior management, effective communication with your employees, and integration of data from your health claims administrative payer (i.e. Blue Cross, Aetna, independent TPA, etc). The WorldDoc fees are often cost neutral as replacement credits can be obtained from the third party administrator.
WorldDoc, Inc. has definitely penetrated their niche market; Congratualations.
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