Livongo Health™, a consumer digital health company that is focused on using technology to empower people with chronic conditions to live better, today announced an agreement with Iron Mountain Incorporated. They wanted to improve the health and productivity of their employees with diabetes while reducing the cost of care. Today, this cost ranges from $8,000-$20,000 per person per year and can represent up to 25% of an employer's total health care costs.
Livongo for Diabetes™ provides an end-to-end ecosystem that empowers people with chronic diseases to live better, starting with diabetes. It starts with a smart cloud that captures information from a variety of devices (numbers, behavior, activity), analyzes it in combination with other data about the individual and provides that information in real time to the complete care team – the person with diabetes, their care team, and their care managers. Today, for diabetes, it starts with the industry's first interactive, cellular-enabled blood glucose meter.
Iron Mountain, a leading provider of storage and information management services headquartered in Boston, MA, knew they needed to find a better way to keep their employees healthy while containing rapidly rising healthcare costs. They spend nearly $13,000 per year on each of their employees with diabetes. "Livongo Health provides the perfect marriage of technology and high touch," said Director of Benefits Strategy, Scott Kirschner. "With such a large employee population, it's incumbent on us to provide the very best care available to help them maintain a healthy lifestyle. We are convinced that their unique approach will have a dramatic impact on both the health of our employees and the cost of their care."
"This innovation company recognized the need to do something different and have embraced Livongo's approach to disease management. Livongo brings the most powerful technology and real-time data available today so people with diabetes can focus on their life, not their disease," said Glen Tullman, Chief Executive Officer of Livongo Health™. "We're redefining the experience for people with chronic diseases and also the way leading employers can support their workforce."
Iron Mountain will launch Livongo for Diabetes™ to their employees in the next 4 weeks.