FOCU5 0N R15K

...It’s All About

FOCU5: CL1ENT EXPER1ENCE Solutions!

“Throughout our 20 plus year rela-

tionship with HealthCorp Solutions
A ME55AGE 1n This 1ssue
FOCU5: we have always received excellent FROM THE Asset Management... P.1
PAUL CANTWELL PRE51DENT Client Experience P.3
Paul Cantwell has led
HealthCorp Solutions since
service and many cost savings ideas, Like it or not, Case Study P.4
its inception. your business Ensuring You Success P.4
As President and Chief Risk
Officer, he leads a crop of making them a very valuable asset.” relies on having
the best, most
highly trained Risk Consult-
ants in creating low-risk, productive
high yield customized solu-
tions for clients resulting in employees in
significant profit impact and
Rick Vargo, President, Varbros the market. Asset Management: Are You Ignoring the
Company—Manufacturing
savings, not only in cost,
but in time and effort. Preventive
For more information—or
Obvious? (Part 1)
maintenance
reach him at: pcantwell
@healthcorpsolutions.com programs apply and should be Win-Win situation.
FOCU5 0N R15K SUPP2010 You may have seen the
to employees addressed in the
recent Asset Perform- 50% to 70% of
just as much ance Management sur- human side of your
health care costs
What You’ll learn inside... or more than vey performed by the business just like
today are due to
Aberdeen Group. It re- they are with other
they to a piece modifiable health
veals some very inter- assets of the busi-
of equipment, risks. If the risks are
ness. A distinct
Asset Management: Are You and a lot more
esting highlights. The
most interesting is the parallel can be
indeed modifiable,
and indeed
Ignoring the Obvious? important in absence of any discus- drawn between the
expensive, why
sion on the most im- approach taken
the long run! would businesses
portant business asset when managing the
not want to favorably
What Can Be A Bigger So, what are of all, the human as- risks associated
with machinery,
impact and manage
Threat to Profitability Than you waiting for set.
automobiles,
these risks?
Aging Equipment? - the The management of trucks, buildings, Studies are available
government? the human asset is not etc. and managing to support such an
directly considered in the risk of undertaking. Tools
the top 5 goals as
For the 5 Minute summary of Give me a
voiced by Chief
unhealthy and
unproductive, or
are available today to
make true risk
what’s inside call break!
Financial Officers for underproductive management possible
2010. The goals are
330-818-2044 Paul Cantwell
to: 1) Reduce operat-
employees. and the results
quantifiable.
A proactive
ask for Paul Cantwell President ing expenses 2)
Increase revenue 3) approach is critical. “Best-in-Class”
HealthCorp Who has the most practices exist and
Improve Profitability 4)
Improve Customer to gain by have been proven
Solutions managing this risk? effective when a
Satisfaction 5) Focus
Your company and comprehensive, data
...It’s All About on Risk Management.
your employees can driven approach is
Solutions! All of these goals can experience a rare taken. Health &
FOCU5:
LOOKING AT THE “For the employee FOCU5: Ensuring
NUMBER5 population, it is Your 5uccess
This FOCU5 0N R15K time to be
newsletter allows HealthCorp proactive and When employees
Solutions to convey timely

and relevant risk

include see the personal
benefits, they be-
management concepts. comprehensive come wise consum-
High risk leads to high cost, risk analysis and ers.
no one will argue that point. risk management”
Now, how attune to numbers FOCU5: CA5E 5TUDY & 1N5ERT 5UMMARY HCS offers
are you? Within this turn-key
CA5E 5TUDY: Before becom- leadership, mid-management the opportunities uncovered
newsletter there are head- communication
Productivity risks are then miti- include comprehen- ing a client, an Ashtabula and floor level employees. in the two part evaluation
lines where numbers appear. Management (H & PM) gated through sive risk analysis and solutions with
needs to be developed Company was challenged with phase.
“FOCU5” for example, has a proactive, preventive risk management in Ownership and Leadership industry-proven
5, “R15K” has a 1 and a 5.
in much the same way maintenance strategic planning. repeated 20% increases in
dedicated themselves to a A thorough investigation was incentives to
as Asset Performance programs. costs. We evaluated their
Our point is not to annoy Management (APM) The annual movement culture shift, offering more made into vendor resources motivate employees
known risk which was found to
and Overall Similarly, within an from carrier to carrier, transparent communications and programs that could be to see that wise
you, but to give you an
Equipment aging workforce, pushing more cost to be above average.
opportunity to keep mentally
with employees on all levels. utilized to decrease the plan use combined
Effectiveness (OEE). managed health risks the employees and
sharp during your workday. enable employees to the other typical ap- Their leadership was open to
A three part unknown risk
threats of the risks uncovered. with a healthier
“Best-in-Class” perform at their peak. proaches do little to new risk management ideas lifestyle can benefit
Employers that take investigation process took THE REWARD5: Costs have
This month try to recall what Unmanaged health impact the long term
the Health &
and decided to make a
place with employee been guaranteed for three
them personally.
was the first year Pat Riley risks lead to expen- trend line of health-
Productivity consulting change mid-year.
was promoted to head coach sive health care and care costs. incentives to outline and refine years by the carrier selected
Management (H & PM) defensive medical HealthCorp Solutions helped the overall risk challenge. in the risk transfer phase due
of the Lakers? challenge seriously This must be viewed These programs
practices which
obtain: 1) 26% as a long-term effort. the client create a team of to the expected risk reduction
Next, try to remember how contribute to the An extensive, high level risk promote a
reduction in health If done properly, it motivated internal stake- and the companies overall
unsustainable in- management program was community of
many championships the care costs 2) 20% will become part of
creases in health care holders including ownership, commitment to improvement.
Lakers won in the 1980s. more revenue per the fabric of the or- established to capitalize on wellness and a
costs.
employee 3) 57% ganization. sense of
Last, circle all the words in more shareholder When employee
this newsletter that include 1 return 4) 27% health is not taken
The results will be: FOCU5: RE5OURCE5 consumerism,
1) Improved individ- which reduces cost
reduction in sick leave seriously, undetected
or more numbers? ual health 2) Reduced Look for our COMMITMENT TO SERVICE Standards used by HealthCorp Solutions
5) 32% reduction in and unmanaged and absenteeism
cost of health and link:
Check the answer at Workers Comp and chronic conditions are while increasing
related expenses 3)
Http:// Disability claims prevalent such as www. healthcorpsolutions .com/pages/sitemap.html
Improved employee productivity.
healthcorpsolutionsblog. High Blood Pressure,
Aging equipment in a morale 4) Improved
Diabetes, Obesity, and
com /blog/ manufacturing setting employee productivity Or to request a copy, go to:
Cholesterol, as are
can make or break a 5) Improved
under the category: their very costly http:// healthcorpsolutionsblog.com/ blog/ contact-us HCS can show you
business. For machin- corporate bottom line
“FOCU5: LOOK1NG AT THE complications. When how to turn your
ery, comprehensive 6) Development of a
NUMBER5” this is the case,
maintenance pro- strategic competitive healthcare users
productivity is Make sure to include the words:
grams are common. advantage into contributing
reduced.
Risk analysis and the WOW Service
partners that help
cost of eventual For the employee ...It’s All About
breakdown are taken population, it is time Solutions! add to your
into account. These to be proactive and corporate bottom
line.
www.healthcorpsolutions.com HealthCorp Solutions … It’s All About Solutions! P: 330-818-2044 or pcantwell@healthcorpsolutions.com