#USA #Philadelphia #Virtual Care #ParetoHealth #First Stop Health

First Stop Health Joins the ParetoHealth Ecosystem

In a significant advancement for small and mid-sized businesses, ParetoHealth has announced a partnership with First Stop Health, a virtual healthcare provider focused on delivering comprehensive care. This collaboration aims to enhance access to virtual primary care, reaching over 4,000 employers and benefiting approximately 1.3 million individuals nationwide.

Addressing Access Shortages in Primary Care

According to Kevin Kickhaefer, Chief Revenue Officer at ParetoHealth, more than 75 million Americans face a lack of adequate primary care, causing delays in diagnoses and subpar health outcomes. With this partnership, the goal is to bridge these gaps by making valued healthcare services more accessible and affordable for employers with 50 or more employees.

By integrating First Stop Health into the ParetoHealth Savings Engine, employers will be empowered to offer robust primary care solutions. This platform is not just about access; it's designed to manage healthcare costs effectively. Preliminary findings from a claims-based study revealed that employers transitioning to this model experienced a 7.5% reduction in healthcare expenditures within the first year, coupled with an additional 16.5% decrease by year three.

Comprehensive Care Available 24/7

First Stop Health specializes in a 24/7 virtual primary care model that encompasses preventive care, urgent care, chronic illness management, and mental health integration. This service includes preferential pricing for Pareto members, along with a performance guarantee linked to employee utilization. Notably, First Stop Health also commits to putting 100% of their fees at risk, ensuring that costs match the healthcare outcomes delivered.

Among the highlights of this partnership is the provision of unlimited virtual healthcare visits at no cost to employees, with access to urgent care in under five minutes and primary care or mental health appointments scheduled within three days. Employers have recorded an average savings of $1,100 per in-network referral, with significant improvements in employee health metrics—80% reported an enhancement in blood pressure and glucose levels in just three to five sessions, often without medication.

Furthermore, referrals from primary care appointments into health coaching and dietary support yielded an average weight reduction of 6% among participants.

A Vision for Transparent and Human-Centric Healthcare

Elena Gambon, Chief Growth and Strategy Officer at First Stop Health, emphasizes that the shared vision between their institution and ParetoHealth revolves around making healthcare accountable and transparent. By implementing a model that guarantees performance, organizations can better manage costs while ensuring that employees have easy access to a wide array of healthcare services, all centered around their well-being.

Conclusion: A New Standard in Employer-Sponsored Healthcare

This new partnership between First Stop Health and ParetoHealth offers small and midsize employers an innovative and effective alternative to traditional health insurance models, which often fail to meet the needs of this demographic. With over 4,000 employers involved and a management portfolio that accounts for more than $8.4 billion in healthcare spending, ParetoHealth is actively paving the way towards a more sustainable and inclusive approach to employee healthcare. This partnership not only reflects changing trends in healthcare but also represents a commitment to enhancing lives through informed and accessible healthcare solutions, continuously prioritizing humanity’s connection to health.

For more information, visit ParetoHealth and First Stop Health.