Cardio Diagnostics Holdings, Inc. Unveils Groundbreaking Employer Cardiovascular Disease Risk Intelligence Platform, HeartRisk

Cardio Diagnostics Holdings, Inc. (Nasdaq: CDIO), an AI-driven precision cardiovascular medicine company, today announced that the Company’s new HeartRisk proprietary data intelligence platform will be made available to employers who offer the Company’s innovative cardiovascular disease clinical tests as a health benefit to their employees. HeartRisk, a leading platform that combines insights from HIPAA-compliant anonymized and aggregated clinical cardiovascular risk data with industry and geographic data, aims to help employers understand the cardiovascular risks in their workforce compared to population and industry benchmarks.

Employers, benefits brokers, as well as potentially third-party administrators and health plan care managers in the future can access actionable insights related to risks associated with cardiovascular disease, such as the amount of stop-loss insurance to carry based on the degree of CVD risk in the relevant population or selections of appropriate chronic care management partners. Ultimately, stakeholders will leverage the insights from HeartRisk to make more data-driven decisions on the right suite of benefits, the proper allocation of resources, enhance employee retention rates, and take proactive measures to mitigate the profound impact of cardiovascular disease on productivity and healthcare expenditures.

Employer Healthcare Costs Are Soaring

Chronic conditions, including cardiovascular disease, significantly impact healthcare costs for employers. According to United Healthcare, heart disease and stroke alone cost employers $363 billion annually. In addition to the direct healthcare costs, chronic conditions also lead to increased workforce absenteeism and decreased productivity. According to the CDC, five chronic diseases or risk factors for cardiovascular disease—high blood pressure, diabetes, smoking, physical inactivity, and obesity—cost US employers $36.4 billion a year due to employee absenteeism. Innovative employers and their broker partners interested in managing the implications of these growing costs related to cardiovascular disease are already looking for ways to adapt to this new reality.