Industry Analysis & Industry Trends
Get well soon
Corporate wellness services provide workplace programs to help corporations improve the health of their employees. As healthcare costs rose and discounts were implemented for employees participating in wellness programs, more corporations demanded services from corporate wellness providers. An overall increase in corporate profit and a decline in Americans' overall health also helped boost the industry in the past five years. As company and employee numbers rise in line with the recovering economy, demand for the industry's services will improve. This demand, however, will be slightly offset by external competition, such as from gym memberships that companies buy for their employees or from more internal wellness programs coordinated by HR staff.... purchase to read more
Industry Report - Industry Products Chapter
Health assessments and screenings
Health assessments account for 22.5% of industry revenue. A health assessment provides a scientific measurement and interpretation of an employee's health, history and disease risk factors, and is usually the first step employers take when implementing corporate wellness programs. It typically involves a questionnaire to be completed by participants that asks about nutrition practices, height & weight, physical activity and exercise habits, family health history, personal stress perceptions, smoking history, and work satisfaction. It also involves a computerized program to evaluate the data, confidential individual reports and a group summary report of the aggregate assessment data to be presented to the employer. Hea... purchase to read more