November 6, 2007

BioSignia Gives Companies Bottom Line on Employees' Health Through Impressive ROI

Research Triangle Park, N.C. - A powerful one-page report developed by BioSignia can help employees stay healthier longer and save their employers millions of dollars on healthcare premiums and lost productivity. Developed by a leading technology company, Know Your Number® is a breakthrough approach BioSignia is referring to as a disease-specific risk assessment (DRA) tool that transcends standard health risk assessments (HRA).

Rising healthcare costs are threatening the competitive capabilities of corporate America. Health insurance premiums since the late 1980's have skyrocketed, while overall inflation and workers earnings have only increased slightly in comparison. According to a recent American Institute of Certified Public Accountants survey, 99% of financial executives polled during a recent professional conference were concerned about rising employee healthcare costs.

In 30 minutes or less, Know Your Number takes information about employees, such as their weight, blood pressure, lifestyle habits, and key blood tests, and produces a detailed report on their specific disease risks. Then, it uses a proprietary technology, Synthesis Analysis™, to produce a detailed report on an individual's chances of developing specific diseases within the next few years. It's unlike any other HRA tool because it uses a multi-dimensional approach by isolating individual and aggregate data on absolute risk: what is inherited and cannot be changed; relative risk: how you compare to your peers; and modifiable risk: things relating to your lifestyle and habits that you can modify–an individuals' own unique risks–their health fingerprint.

Know Your Number is different from other HRA's in three ways:

1. It focuses on the main disease killers.
While other assessment tools look at overall health, Know Your Number predicts an individual's risks of developing the "big five" chronic preventable disease killers in the U.S.: heart disease, diabetes, stroke, heart failure and COPD. Traditional HRA tools are mortality-based (your chances of dying from a disease as compared to a group of people with the same characteristics). Also, because Know Your Number measures disease directly, there is a greater chance to quantify the effects of interventions and impact future health care costs.

2. It shows what your specific risk is and how to reduce those risks.
This testing reveals what fraction of a chronic disease risk is modifiable and lets employees know what factors, e.g. lack of exercise and smoking, are contributing to the risks of developing specific chronic conditions. Know Your Number uses a proprietary technology, Synthesis Analysis, to deliver a multi-dimensional health risk assessment calculation that looks at all the risks, not just the overall risk. By singling out avoidable, modifiable, and non-avoidable risk, Know Your Number provides the steps individuals can take to significantly reduce their risks.

3. It compares you to your peers through an easy-to-read report.
Only Know Your Number addresses the multiple risk dimensions of specific chronic diseases unmatched by any HRA tool available. It also uses statistical software to help you learn how you compare to your peers. It allows you to understand your risks through a visually compelling colorful report that also helps individuals track their progress.

"We've signed contracts with solution providers and channel partners to reach companies like Waste Management, Chevron, Arvin Meritor, International Truck, and Pepsi," says Dr. Tim Smith, CEO of BioSignia. "Designed to help organizations achieve the most for their investments in preventive health initiatives, Know Your Number is a necessary tool to include in any companies' health benefits planning."

Annual healthcare spending in the U.S. is approaching $2 trillion, approximately 16% of the gross domestic product. Yet, according to the Centers for Disease Control and Prevention, an estimated 60% to 70% are associated with preventable conditions. Through Know Your Number, the projected five-year cost savings for companies using this solution with their employees can be very substantial.

The CEO of a paper company could tell you the risk of a forest fire driving up the price of pulp, but they couldn't tell you what the risk of high blood pressure means in preventing heart disease among their employees. Too many Americans aren't aware of their health risks, but too many of their employers aren't aware of their companies' bottom line concerning the health of their employees. Know Your Number fills the gap.

"Every CEO tries to quantify its companies' risk and issues quarterly reports on their financial health, but when it comes to their employee's health they are in the dark–companies lack the quantifiable number," says Smith.

To learn how Know Your Number can help your company's bottom line, visit:

About BioSignia
Headquartered in Cary, N.C., BioSignia is a leading technology and software company focused on bringing innovative risk assessment modeling solutions to the preventive healthcare and life insurance underwriting markets. BioSignia's patented Technology, Synthesis Analysis, provides the underpinnings of the healthcare application, Know Your Number® (KYN), and life insurance application, Mortality Assessment Technology® (MAT). This modeling capability represents a quantum leap forward in both morbidity and mortality risk assessment. BioSignia's R&D team has continued to advance synthesis modeling, continuously updating it to reflect the ever expanding need for better risk assessment, as well as effective chronic disease prevention, management, and treatment. For more information about BioSignia, visit:

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