New Research from Omada Health Demonstrates Significant Cost Savings of Virtual Physical Therapy

Core Insights - Omada Health's virtual physical therapy program for musculoskeletal conditions demonstrates lower healthcare utilization and costs compared to in-person physical therapy, indicating a potential for cost-effectiveness over time [1][2][3] Group 1: Company Overview - Omada Health is a virtual-first healthcare provider focused on chronic conditions, including musculoskeletal issues, diabetes, and hypertension, with over a decade of experience and 30 peer-reviewed publications [6][7] - The company has a diverse customer base exceeding 2,000, including health plans, health systems, and employers from small businesses to Fortune 500 companies [7] Group 2: Study Findings - The study revealed that patients using Omada's virtual physical therapy program had median savings of over $100 per member per month in the first six months, with gross savings exceeding $1,000 at both six and 12 months [3] - The return on investment (ROI) for the program was calculated at 1.8 times at both six and 12 months, highlighting its financial benefits for employers and health plans [3] Group 3: Industry Context - Musculoskeletal conditions affect over 50% of adults in the U.S. and cost the healthcare system over $420 billion annually, surpassing costs associated with diabetes and heart disease [2] - Barriers to accessing physical therapy include geographic limitations, provider availability, and insurance coverage restrictions, which can lead to increased downstream costs [2]