How HealthMetrics Helped a Leading F&B Company Save 40% on Employee Health Screening and Medical Costs
Uncover the innovative methods and strategies that contributed to this significant savings, setting a new benchmark for efficiency and cost-effectiveness in the industry.
Introduction
A world-class, leading F&B company with over 10,000 employees across Southeast Asia faced challenges managing its employee benefits and health screening processes. They had to deal with multiple vendors, manual processes, inconsistent data, and high administrative costs.
They also wanted to provide better and more flexible employee benefits to improve their well-being and retention.
Challenges
The F&B company was grappling with several issues, including:
- Time-consuming manual reimbursement claims.
- Difficulty in finding suitable healthcare panels.
- Employers paying upfront for medical screening.
- Manual filing and management of employee medical records.
These challenges increased expenses and operational risks, prompting the company to seek a comprehensive solution.
Solution
HealthMetrics provided a comprehensive digital platform to address the company's challenges:
- Automated reimbursement claims for employee benefits and health screening.
- Easy access to a wide network of healthcare panels.
- Elimination of upfront payments for medical screening by employers.
- Digital storage and management of employee medical records.
Results
The partnership between the F&B company and HealthMetrics resulted in significant benefits for both parties. The F&B company was able to:
- Streamline their employee benefits and health screening processes with a single platform that connects them to a network of over a dozen healthcare providers across the region.
- Reduce their expenses by 40% by eliminating middlemen fees, negotiating better rates with providers, and optimising their benefits utilisation.
- Improve efficiency by automating their workflows, reducing errors, and generating real-time reports and analytics.
- Enhance employee satisfaction and engagement by offering them more choices, convenience, and transparency in accessing their benefits and health screening results.
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Conclusion
HealthMetrics simplifies benefits and health screening for businesses and employees. A leading F&B company partnered with HealthMetrics and saved 40% on expenses, improved efficiency and accuracy, and increased employee satisfaction and engagement.
HealthMetrics solved their problems of multiple vendors, manual processes, inconsistent data, and high costs. They also offered more flexible and personalised benefits to their employees. Contact us or book a free demo to see how HealthMetrics can help you.
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