Wellness centers are becoming profit centers for U.S. hospitals.

The centers, generally associated with corporate health insurance plans, had been adopted by a handful of hospitals that wanted to position themselves as on the cutting edge. But now, says Healthcare Finance magazine, wellness centers are catching on with hospitals for two financial reasons: return on investment, and reduced medical care costs for patients and staff.

The article, "Wellness centers, no long hospital gimmicks, become money-making population health engines," cites a recent study that estimates adding a wellness center to a hospital's operations nets an ROI of 6 percent to 10 percent. In  addition, the centers are designed to serve staff, patients and outside "customers," who pay to use the centers and, in theory, contribute to a hospital's efforts to demonstrate better health care results for the population it serves.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.