Fortune 2000 Companies Double Down on Digital MSK for Employees
SAN FRANCISCO, July 14, 2022 – Today, Hinge Health announced it is on track to sign up more customers for their Digital Musculoskeletal Clinic in 2022 than in the past 7 years combined. Amidst economic uncertainty and inflation, business leaders are turning to Hinge Health to tackle employee healthcare costs with greater urgency. The demand is further propelled by worker shortages as companies compete to attract and retain top talent. Major new customers include industry leaders across e-commerce, home improvement, technology, and automotive sectors, as well as many retirement and state health systems. Hinge Health continues to be the choice of 4 in 5 employers and nearly 9 in 10 health plans.
“Business leaders are realizing significant healthcare savings and a more productive workforce enabled by digital MSK,” said Jim Pursley, president, Hinge Health. “We’re humbled by the growing demand for our solution as leading organizations across America partner with us to improve employee health and reduce cost.”
MSK pain has a widespread impact across job types and nearly every industry – with prolonged standing at work, sedentary working, repetitive tasks, and manual labor as significant risk factors. MSK remains one of the top three cost drivers in the U.S. health system – consuming 1 in 6 healthcare dollars for large employers and $600 billion for the U.S. economy overall.
Superior clinical outcomes and industry-leading ROI are fueling the demand for Hinge Health across industries. The industry’s largest medical claims analysis to date, across 136 employer groups, found a $2,387 cost savings per participant enrolled in the company’s Digital MSK Clinic. Hinge Health is also the only digital MSK solution to drive clinical and financial benefits for older adults, achieving a 2.7x ROI for Medicare. The company’s comprehensive and personalized care approach is helping avoid 2 out of 3 MSK surgeries for members, leading to significant claim reduction for employers.
About Hinge Health
Hinge Health is building the world’s most patient-centered Digital Musculoskeletal (MSK) Clinic™. It is now the leading Digital MSK Clinic, used by four in five employers and 90% of health plans with a digital MSK solution. Hinge Health reduces MSK pain, surgeries, and opioid use by pairing advanced wearable sensors and computer vision technology with a comprehensive clinical care team of physical therapists, physicians, and board-certified health coaches. Hinge Health’s HingeConnect integrates with 1 million + in-person providers and enables real-time interventions for elective MSK surgeries, driving proven medical claims reduction. Available to millions of members, Hinge Health is widely trusted by leading organizations, including Land O’Lakes, L.L. Bean, Salesforce, Self-Insured Schools of California, Southern Company, State of New Jersey, US Foods, and Verizon. Learn more at http://www.hingehealth.com.
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