Business Engagement for Health and Economic Well-being
Business, civic, and healthcare leaders recognize health as critical to their community’s economic vitality and quality of life. Workforce health and productivity are especially important to a community’s future economic growth and competitiveness. Many sources present statistics and findings on an area’s health status yet may not provide leaders with actionable data or analyses to inform understanding and areas for action. As a result, leaders face many unknowns about the sources and economic effects of health in their region – and how best to move forward individually or together to make necessary changes for improvement for health and economic well-being.
FTI Consulting’s Center for Healthcare Economics and Policy (the Center) uses unique proprietary models and extensive health and economic data to assess and quantify productivity and medical costs and critical factors of access and resources. We work with stakeholders to develop comprehensive health and economic research customized for each business and community’s issues and priorities and to address fundamental questions: What is the impact of health on your community’s people, economy and competitiveness? How do you compare with your peers? What is working and what are priorities for change?
Sharing of FTI Consulting’s research results with local business, civic and healthcare leaders provides understanding and opportunities for improvement. FTI’s work on business engagement on health with the Nashville Area Chamber of Commerce is widely featured:
- U.S. Chamber of Commerce’s Health Care Summit, October 18, 2017
- Nashville Area Chamber of Commerce’s Blog, “Can you really improve your employees' health?”, April 13, 2018
- IBM Watson Health Advantage Conference Presentation, May 15, 2018
- National Academy of Sciences’ Action Collaborative on Business Engagement in Building Health Communities’ Spring Webinar, June 6, 2018
- HarvardX Online Course, Improving Your Business Through a Culture of Health
To learn more about the economic cost of health conditions and FTI Consulting’s customizable model and approach, please contact Meg Guerin-Calvert at firstname.lastname@example.org.
Senior Managing Director, President, Center for Healthcare Economics and Policy