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    New Study Validates SWORD Health as the Market Leader in Both Cost Savings and Clinical Outcomes

    October 20, 2021
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    We are honored to be the first and only MSK care provider to have obtained both Level 1 and Level 2 certification from Validation Institute. This reinforces SWORD’s industry leadership for high-quality musculoskeletal care both in terms of clinical results and ROI.

    SWORD is currently the fastest growing, most clinical, and best value in MSK care available anywhere in the world. Level 1 Certified and Level 2 Certified Validation Institute’s Level 1 validation describes medical cost savings compared to a baseline of traditional care. SWORD’s validated savings are the largest of any digital MSK solution. On average, SWORD delivers a savings per member per year of $2,472 — 10% greater savings than our nearest competitor. For our Fortune 100 customers, this quickly translates into millions of dollars saved every year, based on a hard 2.47x ROI, a number unmatched by any digital MSK solution.

    Health economists from Validation Institute performed a thorough review of SWORD’s 2-year claims-based study of 276 SWORD Health participants and found that these participants had $2,472 lower MSK-related medical claims costs compared to a matched control group of 276 participants undergoing conventional MSK care. The annual cost savings was primarily driven by lower spend on expensive treatments like surgery and invasive procedures, with additional savings on office visits, imaging, and other forms of therapy.

    Validation Graph

    “SWORD Health is deeply committed to providing the best care possible to all members. We never compromise on quality, and that is why we pair the best technology in this space with licensed doctors of physical therapy. The industry-leading clinical outcomes and financial savings we achieve are a direct result of that,” said Virgílio Bento, founder and CEO of SWORD Health. “This validation is a clear testament of what sets SWORD apart from the other companies in this space by demonstrating higher savings than any other company. This is what our 150+ clients can expect, and what will enable us to achieve our mission to free 2 billion people from physical pain.”

    Cost and ROI Returen

    SWORD Health previously received Level 2 certification in July 2020—the first MSK solution to do so. Level 2 certification verifies clinical outcomes by demonstrating in a clear, objective, transparent, and replicable way that a specific digital health solution brings about meaningful outcomes. The Level 2 certification showed that SWORD Health consistently provided clinically significant improvement compared to conventional care. As the only MSK solution to have received both Level 1 and Level 2 certifications, SWORD health is the clear leader in cost savings and in clinical outcomes.

    SWORD Health is doing amazing work and we congratulate them on earning both a savings and outcomes validation in the MSK category. Now more than ever it is important for buyers of healthcare to have the knowledge and assurance of quality care and overall savings.”

    — Benny DiCecca, President & CEO, Validation Institute.

    SWORD recently announced its 150th customer after less than two years on the market. Last month, SWORD acquired a leader in workplace safety and prevention technology, Vigilant Technologies, and continues to expand its portfolio of services. Customers are selecting SWORD for its clinical-grade solution that combines FDA-listed technology with licensed doctors of physical therapy to deliver the best outcomes in the industry. SWORD is selected by 3 out of every 4 clients when compared head-to-head with other solutions, and currently serves 10% of Fortune 50 companies.

    ABOUT SWORD HEALTH

    SWORD Health is the world’s fastest growing virtual musculoskeletal (MSK) care provider, on a mission to free two billion people from acute, chronic, and post-surgical pain. It is the first virtual solution to pair its members with a licensed physical therapist and the SWORD Health Digital Therapist, to deliver a clinically proven, personalized treatment plan that is more effective, easier, and less expensive than the traditional gold standard of care. SWORD Health believes in the power of people to recover at home, without resorting to imaging, surgeries or opioids. Since launching in 2015, SWORD Health has worked with insurers, health systems, and employers in the U.S., North America, Europe, and Australia to make high quality musculoskeletal care accessible to everyone.

    ABOUT VALIDATION INSTITUTE

    Validation Institute is an independent, objective, third party organization on a mission to improve the quality and cost of healthcare. Based in Woburn, MA the organization is made up of a network of health benefits purchasers, health benefits advisors, and healthcare solution providers focused on delivering better health value and stronger outcomes than conventional healthcare. www.validationinstitute.com

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    SWORD Health and American Physical Therapy Association Announce Collaboration

    April 20, 2022

    This is the first collaboration between the American Physical Therapy Association and a digital MSK care solution SWORD has committed to providing financial support to stimulate research around digital physical therapy and to sponsor scholarships to promote diversity in the profession SWORD Health commits to supporting efforts to integrate digital and hybrid care models in clinical practice, including standards of practice, use of qualified health professionals, and connection to in-person clinics and professions when appropriate NEW YORK, NY (April 21, 2022)SWORD Health, the fastest growing digital musculoskeletal (MSK) solution on the market, has announced a strategic collaboration with the American Physical Therapy Association (APTA) to advance research around digital physical therapy and to support Diversity, Equity and Inclusion (DE&I) within the PT profession. SWORD is also committed to collaborating on policy initiatives to improve and standardize direct access laws at the state level, with national payers and in federal programs and to improve licensure mobility and portability by improved utilization of the national physical therapy licensure compact. “APTA has been at the forefront in actively working towards reducing inequalities and barriers to care for most of its 100 year history. SWORD Health’s continued resolve to support efforts to shine a brighter light around physical therapy, uphold the profession’s standards, promote its efficacy and need and propel the profession further is fully aligned with our mission.” said Justin Moore, CEO of APTA. “SWORD’s initiative to fund APTA’s efforts in driving new models of care and opening avenues for underserved communities is something we look towards with excitement.” SWORD will commit at least $100,000 on an annual basis, which will entail contributions to: APTA’s research partner, The Foundation for Physical Therapy Research, in the form of grants to explore digital approaches and quality of care of digital practices; The PT Fund, to sponsor scholarships for individuals from underrepresented minorities to pursue careers in physical therapy and to achieve certification as specialists in Women’s Health. This initiative is the first step towards a deeper relationship between both entities, as SWORD Health will also collaborate with APTA on its ChoosePT platform to raise awareness towards the benefits of physical therapy in addressing MSK conditions as well as advocacy efforts to reduce barriers to accessing PT and integrating digital and hybrid care models in clinical practice. “We are very proud and honored to collaborate with APTA in propelling a digital transformation that can benefit the profession and pave the way for a more sustainable, equitable healthcare system. As a pioneering company in the digital MSK space, we are compelled to invest in a significant program to address inequalities in access to care and create scholarships for individuals from underrepresented minorities to pursue careers in Physical Therapy,” stated Dr. Vijay Yanamadala, Chief Medical Officer. SWORD Health is uniquely positioned in the digital MSK space, as it is: The most clinically rigorous solution, where 100% of clinical care is provided by PTs, licensed in all states across the US. The most validated digital MSK solution, with the most number of peer-reviewed publications and randomized controlled trials The most comprehensive digital MSK solution, including sensor base technology and video motion capture technology for back, neck, shoulder, elbow, wrist, hip, knee and ankle, and now pelvic health with Bloom, a unique solution to address women’s physical health. SWORD plans to further support APTA members through education, digital innovations and other collaborations through the association’s multiple initiatives. ABOUT SWORD HEALTH SWORD Health is the world’s fastest growing digital musculoskeletal (MSK) care provider, on a mission to free two billion people from acute, chronic, and post-surgical pain. It is the first digital solution to pair its members with a licensed physical therapist and the SWORD Health Digital Therapist, to deliver a clinically-proven, personalized treatment plan that is more effective, easier, and less expensive than the traditional gold standard of care. SWORD Health believes in the power of people to recover at home, without resorting to imaging, surgeries or opioids. With the preventative care delivered through SWORD+, it is the industry's only end-to-end digital MSK solution. Since launching in 2015, SWORD Health has worked with insurers, health systems, and employers in the U.S., Canada, Europe, and Australia to make high quality musculoskeletal care accessible to everyone. An ABOUT APTA APTA and its more than 100,000 members are leading voices and influencers for the physical therapy profession and a strong collective force for improving the human experience. APTA advocates for policy change, raises public awareness, advances evidence-based practice, supports the continued growth of our members, and develops the next generation of clinicians, leaders, and researchers. Founded in 1921, APTA is presently a community of 51 chapters and 18 academies and sections that are dedicated to advancing the profession to improve the health of individuals, communities and society.

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    Company

    SWORD Health Publishes the First Clinical Study that Demonstrates Superior Patient Outcomes for Patients with Chronic Shoulder Pain

    March 30, 2022

    The real-world cohort study of 296 patients revealed significantly improved health-related outcomes in patients with chronic shoulder pain  The digital care program (DCP) for chronic shoulder pain resulted in pain reduction of 54.8%, a 44.1% drop in medication intake, and a 55.5% reduction in surgery intent.  NEW YORK, NY (March 31, 2022)SWORD Health, the digital musculoskeletal (MSK) solution on the market with highest clinical excellence, released clinical study results that shared significant improvement in health-related outcomes for patients with chronic shoulder pain. The study, published in the Journal of Pain Research, focused on clinical outcomes in members going through SWORD’s care programs for chronic shoulder pain. It is the first real-world study reporting the results of multimodal digital MSK care programs for chronic shoulder conditions. Shoulder pain (SP) has a lifetime prevalence of nearly 70% and is therefore one of the most common musculoskeletal (MSK) complaints in primary care. Importantly, after a first episode of shoulder pain, about 50% of cases become chronic, making SP one of the most prevalent causes of chronic MSK pain. Chronic SP is a significant cause of morbidity with tremendous impact on quality of life, psychological dis- tress, and work ability. Between 4 - 6 individuals with disabling shoulder disorders are expected to lose between 1.8 and 8.1 years of working life. Substantial social burden arises therefore not only from utilization of healthcare resources but also from productivity decline, with sick leaves contributing massively for SP costs. Shoulder pain is the third main complaint in primary care settings. Approximately 65% - 70% of these involve problems in the rotator cuff tendons (ROCTs), with incidence rising higher after the fourth decade of life. The ROCT dysfunction represents, therefore, a huge burden for healthcare systems, insurance companies, and employers alike. In the United States, the annual financial burden of ROCT management was estimated at US $3 billion. Clinical Study insights The clinical study included 296 participants and revealed that patients reported a 55% reduction in pain, a 52% reduction in shoulder-related disability, and a 55% reduction in intent to pursue surgery. Significant improvement in anxiety and depression was also noted, with reductions of 50% and 64%, respectively, in overall scores. Productivity losses were reduced by a staggering 67%. The high completion and engagement rates highlight a clinically significant improvement in all health- related outcomes as well as marked productivity recovery. “This study, along with the others we have been publishing, shows that our evidence-based programs can bring about clinically meaningful improvements in pain, disability, productivity and also in mental health in all levels of acuity and different clinical conditions. It also highlights the importance of rigorous nonoperative strategies to avoid surgery. It also demonstrates, once again, our very high engagement and completion rates, which are crucial to achieving long lasting improvements. We are deeply committed to providing high-quality care to all our members, leading  them to less pain and a better quality of life.” shared Dr. Vijay Yanamadala, Chief Medical Officer of SWORD Health. Another clinical study from SWORD Health, published in BMC Musculoskeletal Disorders in January, revealed equally impressive outcomes in patients going through SWORD’s digital care programs for acute conditions involving several body areas, along with very high adherence and retention rates. Since SWORD’s inception in 2015, the digital MSK solutions company has committed to providing the best care possible to people suffering from pain and disability caused by musculoskeletal conditions. The company has built the most clinical-grade care solutions in this space, pairing Doctors of Physical Therapy with the best-in-class technology in order to provide the best outcomes for patients. ABOUT SWORD HEALTH SWORD Health is the world’s fastest growing digital musculoskeletal (MSK) care provider, on a mission to free two billion people from acute, chronic, and post-surgical pain. It is the first digital solution to pair its members with a licensed physical therapist and the SWORD Health Digital Therapist, to deliver a clinically-proven, personalized treatment plan that is more effective, easier, and less expensive than the traditional gold standard of care. SWORD Health believes in the power of people to recover at home, without resorting to imaging, surgeries or opioids. With the preventative care delivered through SWORD+, it is the industry's only end-to-end digital MSK solution. Since entering the market in 2020, SWORD Health has worked with insurers, health systems, and employers in the U.S., Canada, Europe, and Australia to make high quality musculoskeletal care accessible to everyone.

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    Company

    SWORD Health Launches SWORD360, the Most Comprehensive Data Platform in the Physical Health Space

    March 9, 2022

    SWORD360 will help eliminate healthcare information silos, which are detrimental to patient outcomes and unnecessarily increase healthcare costs. SWORD360 is designed to improve care by relieving patients and providers of the burden associated with retrieval and sharing of medical records by establishing a secure mechanism of real-time information in the healthcare ecosystem; This innovative platform will make it easier to deliver holistic member care, to manage musculoskeletal health, and to prevent unnecessary care, simply by connecting with all stakeholders in a member’s health and wellness path; By enabling providers to have nearly access to the relevant data about their patients’ care, SWORD360 will help to reduce the estimated $72.8B in US healthcare waste. SWORD Health™, the fastest growing digital musculoskeletal (MSK) solution in the market, launches SWORD360, a data integration platform that will seamlessly coordinate and communicate care across the member journey, starting with traditional healthcare providers. Health care members are often burdened with their health care data living in silos. Each time they see a new provider, they may need to remember every detail of their past medical history or spend countless hours trying to get access to their medical records due to a lack of interoperability. Lack of information sharing creates redundant or unnecessary care costs and lack of clarity for patients. SWORD Health is taking the first step to free members of that burden through SWORD 360. SWORD360 is the data platform to connect information about a member’s health and wellness with their entire healthcare ecosystem, including employer benefits managers, health plans, partners, and traditional healthcare providers. This will enable a tailored and personalized member experience and allow clinicians to confirm, validate, and enhance a patient’s records. By working to securely combine information with a member’s existing health care providers, associated payers, or health insurance plan, it will help SWORD members avoid overtreatment or redundant care. With access to 90% of US electronic medical records and 80% ambulatory records at launch, SWORD360 will seamlessly integrate data from: 120,000+ connected care sites 800,000+ healthcare providers 220+ million patients 92% U.S. geo-coverage and growing aggregated data across 50 states and Puerto Rico The new bi-directional data platform will be available to all clients and members at no additional cost, reinforcing SWORD’s commitment as the top clinical grade MSK solution on the market. “Streamlining information sharing between medical providers will significantly optimize our members’ care. With SWORD 360, our physical therapists will have access to critical information in a new member’s medical history, which will allow them to better tailor their digital therapy regimens. Because information is also shared universally with a member’s medical providers, their primary care doctors or other specialists and SWORD doctors will be able to easily communicate and make recommendations for virtual MSK care, helping members to avoid potential treatments such as prescription medications or surgery. This is a first of many steps forward that will also address systemic barriers to eliminating waste in the healthcare system.” said Virgilio Bento, CEO and founder at SWORD Health. SWORD360’s insights will allow for real-time understanding of members’ needs, allowing SWORD clinicians the opportunity to intervene and work with members to address potentially unnecessary, costly musculoskeletal care and be directed towards other benefits, including digital physical therapy or other relevant services available through their employers and/or health plans. The data platform is simplifying the putting the member at the center of the experience, integrating the experience of the patient to offer them a tailored and personalized member experience. SWORD360 will connect with all stakeholders in a member’s health and wellness. This includes helping employers get easy access to understanding their population’s health and engagement, coordinating with health plans to ensure interoperability and patient access, and enabling seamless care for members by working with partners such as digital health and care solutions to co-treat patients via common workflows and a shared patient record. ABOUT SWORD HEALTH SWORD Health is the world’s fastest growing digital musculoskeletal (MSK) care provider, on a mission to free two billion people from acute, chronic, and post-surgical pain. It is the first digital solution to pair its members with a licensed physical therapist and the SWORD Health Digital Therapist, to deliver a clinically-proven, personalized treatment plan that is more effective, easier, and less expensive than the traditional gold standard of care. SWORD Health believes in the power of people to recover at home, without resorting to imaging, surgeries or opioids. With the preventative care delivered through SWORD+, it is the industry's only end-to-end digital MSK solution. Since launching in 2015, SWORD Health has worked with insurers, health systems, and employers in the U.S., Canada, Europe, and Australia to make high quality musculoskeletal care accessible to everyone.

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    SWORD Health, Inc. does not provide healthcare services. SWORD Health Professionals provides clinical services through a group of independently owned professional practices consisting of Sword Health Care Providers, P.A., SWORD Health Care Providers of NJ, P.C., and SWORD Health Care Physical Therapy Providers of CA, P.C.

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