Livongo Demonstrates Cost Savings for Self-Insured Employers
Livongo Public Relations
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MOUNTAIN VIEW, Calif., July 18, 2017-- Livongo Health, the leading consumer digital health company focused on empowering people with chronic conditions to live better and healthier lives, released a study at the 77th Annual American Diabetes Association’s Scientific Sessions showing Livongo drives cost savings for large self-insured employers.
The study, a retrospective data analysis for two large self-insured employers, leveraged one year of blood glucose data and two years of medical claims data. Analysis shows Livongo saved $83 per participant per month on healthcare costs, a 5.8% decrease compared to non-Livongo members over the same timeframe.
Along with cost savings, Livongo data shows a 0.9 percent reduction in mean HbA1c, an important indicator of how well blood glucose has been managed over a three-month period. This substantial improvement reduces the likelihood of long-term complications such as kidney failure, blindness, heart attacks, and strokes.
- Two years medical claims of 3,474 Livongo members compared to 12,065 people with diabetes not enrolled in Livongo
- $83 decrease in healthcare spending per participant per month
- Analysis of one year of blood glucose data for 4,346 Livongo members
- Reduction from 7.8 percent to 6.9 percent in mean HbA1c
- Reduction of 8% days with hypoglycemia
At the end of the day, we’re not only demonstrating improvement in blood glucose control for Livongo members, we’re also saving employers money.” said Dr. Jennifer Schneider, Chief Medical Officer at Livongo. “Our partnerships with employers improve the lives of many employees and their dependents.”
“Just coming out of American Diabetes Association, there are are a number of digital therapeutics in the diabetes space,” said Bill Polonksy, PhD, CDE, Associate Clinical Professor in Psychiatry at the University of California San Diego and President and Co-Founder of the Behavioral Diabetes Institute. “But few others have been able to put forward clinical and cost-savings data like Livongo. While much further research is needed to clarify and further substantiate these findings, Livongo’s work here is novel and quite promising.”
About Livongo Health
Livongo is the leading consumer digital health company that empowers people with chronic conditions to live better and healthier lives. We have developed a completely new approach for diabetes management that combines the latest technology with coaching. By offering the right information, tools, and support, at the right time, we provide our members with real-time, personalized insights and support to make diabetes management easier. We’re now expanding our unique insights and approach to other chronic conditions. Our approach is leading to better clinical and financial outcomes while also creating a better experience for people with diabetes and related chronic conditions and their care team of family, friends, and medical professionals. For more information visit: www.livongo.com.