DELAWARE FIRST HEALTH PARTNERS WITH PYX HEALTH TO TACKLE LONELINESS EPIDEMIC
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Insights
The partnership between Delaware First Health and Pyx Health introduces an innovative approach to managed care that combines technology with mental health support. This collaboration is indicative of the evolving landscape of the healthcare industry where there is a growing recognition of the importance of mental health and its impact on overall health outcomes.
Managed care organizations are increasingly investing in holistic health solutions that address not only physical but also mental and social well-being. The integration of a social health technology platform like Pyx Health could potentially lead to improved health outcomes for members by reducing the incidence of mental health issues, which in turn can lead to cost savings for healthcare providers due to decreased need for medical interventions related to complications from mental health conditions.
From a financial perspective, the focus on preventative mental health measures may result in long-term cost efficiencies for Centene Corporation. By potentially reducing the frequency of mental health crises and the subsequent need for intensive healthcare services, this initiative could positively influence Centene's financial performance and value proposition to investors and stakeholders.
The integration of Pyx Health's platform into Delaware First Health's services addresses critical mental health issues, such as loneliness, depression and anxiety. The implications of this are significant, considering the established link between loneliness and various physical health conditions, including heart disease and obesity.
By proactively screening for and addressing these mental health challenges, Delaware First Health is likely to see an improvement in the overall health of its members. This improvement is not just in terms of mental well-being but also in their physical health, which could lead to decreased healthcare costs associated with treating comorbid conditions.
Moreover, the accessibility of the platform, with 24/7 availability, ensures that members can receive timely support, which is crucial for those experiencing mental health issues. This kind of immediate access to support could be a game-changer in the management of mental health conditions and could set a new standard for managed care organizations.
The deployment of Pyx Health's empathetic technology platform within Delaware First Health's ecosystem marks a significant step in the adoption of digital health solutions. The use of data-driven technology to identify and address loneliness represents an innovative application of artificial intelligence and machine learning in the healthcare sector.
This technology could serve as a model for other managed care organizations looking to incorporate digital tools into their service offerings. The scalability and potential for widespread adoption of such technology could lead to broader industry shifts toward more personalized and accessible mental health care.
As digital health continues to gain traction, the success of this partnership could influence stock market sentiment towards Centene Corporation, potentially positioning it as a leader in the space of health technology innovation. This could attract investor interest and drive market differentiation.
Innovative Social Health Technology Platform Screens for Loneliness, Depression, and Anxiety While Offering Proven Science-Based Support
"Pyx Health's vision is to tackle loneliness where it matters most, for everyone who needs it," said Cindy Jordan, founder, and CEO of Pyx Health. "We know that loneliness is linked to chronic illnesses and diseases. Through a combination of human support and accessible technology, we can successfully help people reconnect to their healthcare, their loved ones, and their community."
While loneliness has always existed, the social restrictions of the Covid-19 pandemic increased the problem as well as our greater society's knowledge of its harsh affects-- largely impacted being the Generation Z population. Loneliness can lead to increased rates of heart disease, obesity, anxiety, and mortality. Delaware First Health hopes to reduce these rates by offering the mobile app to all its members in 2024.
The Pyx Health solution is supported by an app that uses data-driven, empathetic technology to identify loneliness among vulnerable people. Pyx Health then engages members with intentional, consistent human intervention to build trusted connections, provide support, and improve lives. Members can access Pyx Health and be connected to resources at any time of day, ensuring that they get the precise help they need at the moment they need it.
"Delaware First Health is dedicated to bringing innovative solutions that support complete health needs of our community, encompassing physical, behavioral, and social health for our members," said Delaware First Health Plan President and CEO, Bill Wilson. "Loneliness and social isolation can significantly impact the overall health of individuals, leading to challenges such as depression, anxiety, and an increased risk of suicide. By addressing the root causes of mental and emotional struggles, we are proactively working towards preventing mental health emergencies, enhancing health outcomes, and making a lasting positive impact for Delawareans."
For additional information please visit www.DelawareFirstHealth.com.
About Delaware First Health
On January 1, 2023, Delaware First Health officially became
About Pyx Health
Pyx Health offers the first evidence-based, data-driven loneliness solution that effectively addresses society's critical loneliness epidemic. Pyx Health leverages scalable technology and skilled, compassionate peer-to-peer human support to effectively reduce loneliness. Pyx Health's unique approach improves mental health outcomes, mitigates loneliness-related physical health conditions, and ultimately reduces health care costs. For more information, visit us at www.pyxhealth.com and follow us on LinkedIn, Twitter and Facebook. Because no one gets better alone™.
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SOURCE Delaware First Health
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