ST. PAUL, Minn. and OMAHA, Neb., Oct. 13 /PRNewswire/ -- Sheffield, Olson & McQueen, Inc. (SOMI) and SimplyWell(R) LLC announced today their alignment to integrate SimplyWell's health risk management applications into SOMI's product offerings for group health plans. The collaboration will provide employers with the only fully application-based Population Health Management (PHM) program that demonstrates health improvement while reducing healthcare costs. The alignment will enable SOMI to provide employers with the most innovative, comprehensive and cost-effective group health plans in the marketplace.
"Rising healthcare costs have set the stage for profound changes in the healthcare delivery model as we know it. Employers are becoming increasingly aware of the need for proactive treatment of chronic medical conditions that, if left untreated, result in reduced productivity, higher absenteeism, lower morale and increased healthcare costs. Similarly, employees are demanding good healthcare, qualified medical information and financial relief," said Jim Priebe, Executive Vice President of SOMI. "The health risk management tools provided by SimplyWell's web-based applications will allow SOMI to successfully address these challenges by focusing on cost avoidance and preventive health as well as cost containment."
Sheffield, Olson & McQueen, Inc. offers a completely integrated benefits management solution to employers by combining benefits administration, claims processing, and claims data analysis with SimplyWell's evidenced-based population health and disease management tools. SOMI offers alternatives to traditional group health insurance programs by providing a full range of products and services that ensure a company's self-funded group health plan will achieve bottom-line results quickly. Their innovative approach will minimize the health risks of employees, decrease the amount of avoidable medical claims and lower healthcare costs.
"By using SimplyWell's innovative application-based PHM platform, SOMI will be even more effective in achieving desired outcomes and providing a greater Return-on-Investment for their clients," added Scott McFarland, CEO of SimplyWell. "It will give employers the platform and medical oversight to integrate their internal health promotion programs, health screenings and fragmented wellness activities into the design of their group health plan while simultaneously helping their employees and their dependents achieve better health and lower medical care utilization."
SimplyWell's PHM applications assess and evaluate an organization's healthcare costs and health risks, create an individualized action plan that empowers employees, emphasize individual accountability and document behavior modification. Employers and their insurer receive aggregated data and customized reports to identify potential areas for cost savings.
About SOMI
Founded in 1982 in St. Paul, Minnesota, SOMI has been serving the needs of clients with comprehensive products and services for over 20 years. A licensed Third Party Administrator, SOMI supports employers and the broker community by enhancing HR processes and managing benefit programs by providing products and services to both fully-insured and self-insured employers. For more information, visit the SOMI website at http://www.somi.com/ or contact SOMI at 2145 Ford Parkway, Suite 300, St. Paul, MN 55116-1914 or call 651-695-2500 or toll free 1-800-486-7664.
About SimplyWell
Since its inception in 1998, SimplyWell has dedicated its resources to provide employers and employees with the most comprehensive online health management solution available. Headquartered in Omaha, SimplyWell works with employees, employers and insurers nationwide to find solutions to rising healthcare costs. For more information, visit the SimplyWell website at http://www.simplywell.com/ or contact SimplyWell at 4242 Farnam St., Suite 270, Omaha, NE 68131 or call toll-free 1-877-991-9355.
SimplyWell LLCCONTACT: Jim Priebe, +1-651-695-2569, or jpriebe@somi.com, forSheffield, Olson & McQueen, Inc.; or Pamela Samuelson, +1-402-559-3393, orpsamuelson@nebraskamed.com, for SimplyWell LLC
Web site: http://www.somi.com/
Web site: http://www.simplywell.com/