Business
Transforming Heart Disease Prevention for Self-Insured Employers in Oklahoma, Missouri, Kansas, and Arkansas: A Strategic Alliance between Connect Clinic and Cardio Diagnostics
CHICAGO--(BUSINESS WIRE)-- Cardio Diagnostics Holdings, Inc (Nasdaq: CDIO), a precision cardiovascular medicine company, today announced a partnership with
About this update from Cardio Diagnostics Holdings Inc.
[{"type":"text","content":" CHICAGO--(BUSINESS WIRE)--\nCardio Diagnostics Holdings, Inc (Nasdaq: CDIO), a precision cardiovascular medicine company, today announced a partnership with Connect Clinic to help MidWest/South Central self-insured employers build access to heart disease initiatives. These states lack ready access to precision heart disease technologies needed to tackle cardiovascular disease at scale while also having a very high percentage of employees who receive their health plan through self-insured employers.\n\n\nAccording to the Centers for Disease Control and Prevention (CDC), cardiovascular disease conditions cost the American healthcare system $216 billion per year and result in $147 billion in lost productivity annually. According to the American Heart Association, between 2018 and 2019, the indirect costs of total cardiovascular diseases (CVD), which include lost productivity/mortality, amounted to $155.9 billion.\n\n\nIn partnership with Connect Clinic, an Oklahoma-based mobile health clinic, Cardio Diagnostics will make available regular on-site heart attack prevention fairs for self-insured employers throughout Oklahoma, Arkansas, Missouri, and Kansas to make the company's Epi+Gen CHD, PrecisionCHD™, and Actionable Clinical Intelligence™ solutions even more accessible. This initiative represents a significant step forward in transforming heart disease prevention and care in the workplace, helping to foster healthier communities and more resilient businesses in Oklahoma, Arkansas, Missouri, and Kansas.\n\n\nThe midwest and south-central regions are not exempt from the heart disease burden. Heart disease remains a leading cause of morbidity and mortality in these regions in the United States. Additionally, because these states have many self-insured employers, they bear a significant portion of the associated healthcare costs, including billions in lost productivity, making the need for proactive heart disease prevention and management more critical than ever.\n\n\nAccording to the Employee Benefit Research Institute, the percentage of private sector employees that receive their health insurance from self-insured employers in these four states is significant, including more than 63% of employees in Arkansas, more than 59% of employees in Oklahoma, more than 65% of employees in Missouri, and more than 60% of employees in Kansas c...