FAQs

What is FITT Health? Are you a startup company?

 

FITT Health is most accurately classified an early-stage company, as it is the culmination of decades of work by this team through an existing wellness company. Our goal is to take FITT Health to the next level of self-funding and population health management.

 

What is behind the development of FITT Health?

 

We seek to understand the objectives of the individual organization and build an achievable three-year strategic roadmap to reach those objectives.

 

What is the main purpose of FITT Health? 

 

We provide a strategic framework and related products and services to help organizations position their health plan or population health as a performing business strategy with goals and measurable outcomes rather than simply cost creating models that fit specific demographics and markets. We have the opportunity to really make a difference for members and organizations.

 

Is FITT Health structured around fitness?

 

We don’t think about fitness in the sense of aerobics class, gym class or even wellness challenges. We focus on the quality or state of adapting to one's environment to be as fast, physically fit, mentally fit and financially fit as possible to maximize health. We're talking about being able to evolve as individuals and organizations to meet our maximum potential. FITT for maximum, optimal potential.

 

You’ve mentioned evidence informed. What is the difference between informed and evidence based?

 

We know that any new health information takes at minimum 17 years to reach your doctor's office based on a variety of delays. We’re trend-setters and ahead of the curve by leveraging the newest information and data uncovered through studies and research to implement today. One of the reasons you chose self-funding is to enable wise decisions to make a difference in your plan and your member’s lives.

 

Tell me more about APOB and LPa; how are these two panels utilized?

 

20 to 25% of the population still has risk factors even when they have low traditional markers. Why? The reference ranges for all of these tests are based on the population level, which has gotten dramatically less healthy over the last 30 to 50 years. 

 

The most accurate test for the quantification of atherogenic particles in a person's bloodstream is APOB, which can be reduced through traditional treatment methods like statins, PCSK9 inhibitors and various others that have been well studied in the medical community.  

 

The question is… do you want to be within one standard deviation of an unhealthy population, or do you want to look at what is optimal? Our panel tests are well proven and have been around for decades. We are positioning them in our assessment of risk around what is optimal versus what is acceptable.

 

Frequently, the first symptom of a heart attack is death! To identify one’s LPa and the APOB, it can provide a forewarning. Knowledge is power! Move from extrinsic motivator of the incentive model which gets people to take to get these tests done, to then finding the information that they are at much greater risk for a cardiovascular event than the average person than the other 75% of people because of their LPa. The intrinsic motivators to kick in. 

 

How does FITT Health increase the engagement level?

 

Because it's a process, utilizing a variety of tools and learning modalities. Our strategy is built around evidence informed, technology enabled, and people powered. We’ve touched on evidence-informed. Technology enabled means that technology can be really useful for helping with behavior change. Whether that's through video conferencing, activity trackers, remote patient monitoring with blood pressure, you know, wireless blood pressure cuffs, body composition scales, glucometers, etc. The thid pillar of what we believe in,. Evidenced Informed. Technology Enabled. People Powered.

 

What is the first step?

 

360-degree analysis and population biometrics. Combining biometric results with claims data, work comp data, financial data, to name a few. We identify the overall risk profile of the individual and of the organization. The key factor here is to have the biometric data with the newer, more innovative test results that we to identify hidden risk. We look through the front windshield rather than using outdated methodology of claims data or old metrics and to look in the rearview mirror.

 

We introduce five pillars of risk management: Identification, Quantification, Reduction Motivation, Mitigation Tools, Management Scorecard.

 

Once we have that data, we can quantify and baseline the risk for your organization and then stratify the individuals along that risk for interventions. The key is to provide them some motivation for risk reduction, which entails a robust incentive model to get people's attention and delivers them real value. FITT Health will collaborate with you to design the right effective incentive model. Upon completing the base, we provide the risk reduction resources for the

individuals that are parts of this plan that are the right interventions for them. 

 

What are the metrics that we're prioritizing, especially relative to engagement projections?

 

Our focus is on the value of the incentive model. We will not get maximum engagement without a robust incentive model.

 

What does robust incentive model mean?

 

In most cases, we can build a cost-neutral incentive model in the beginning and show that it is adding financial value by year two or year three.

 

A baseline value of $750 or $800, preferably up to $1200 to $1500 worth of value. That doesn't mean cash value at $1500 to the budget. It could simply be through cost shifting strategies or through points programs, which will have a different impact to the budget than the actual value of that incentive. We work through those models with individual companies as we build the plan.

 

What can I expect my engagement to be year one? 

 

With our recommended value, we can project 80% plus. The incentive model is of most importance. Secondly, there's also organizational culture aspect that we would assess and discuss leveraging. Additionally, there must be a robust communication protocol as part of the benefit plan or part of the organization's communication model to educate members on these opportunities and emphasize the value. How it benefits them; how it can help them. We demonstrate the ‘ What's in it for me'?

 

Is there a performance guarantee or savings-sharing?

 

We are absolutely open to developing on a case-by-case basis after analyzing  organizational factors.

 

Is there an ROI projection? 

 

There is! Based on our initial assessment or onboarding, we can calculate specifically for your organization. We can perform a 360-degree analysis to demonstrate the metrics and ROI pre-contract. With an executed contract, we credit it back.

 

FITT Health sounds really complex. How do I manage that? 

 

It is complex. Your benefit plan is a complex, costly problem that we have to solve. We reduce that complexity by breaking it down into repeatable processes. This takes us to our five-step risk management process and that risk management process flowing into a three-year strategic plan model that looks at all aspects of your healthcare situation. The first step is understanding what factors exist, then, what resources you have to work with and how we can create a roadmap; a three-year plan based on the goals of your organization and how we get there. 

 

Our methodology is a means of simplifying the process with our five-step risk management process:

(1) Identify risk;

(2) quantify risk;

(3) motivate risk reduction;

(4) provide the risk reduction resources; and

(5) create a risk management scorecard. 

 

Those five steps drive and inform the three-year strategic plan that we put in place for your organization. 

 

Essentially,  we present you with our recommendations, and the tools for FITT Health to launch the integration. Partnering with your organization, we provide the roadmap to build it into your culture. We take the heavy lifting of this complexity on our team to bring you the recommendations of integration.