Lyra delivers the highest ROI in mental health care

White Paper

“Our analysis showed $4,138 in cost savings per member, indicating that for this customer, there was a return of $3.04 in healthcare savings for every $1 dollar spent on Lyra’s services,” said Ron Ozminkowski, senior vice president of commercial analytics at Aon. “The findings demonstrate the effectiveness of Lyra’s services in reducing overall healthcare expenditures for its users.”

The study employed a robust statistical framework widely recognized in economics and health services research literature. And, even with a rigorous methodology, Lyra’s study delivered an ROI that is 50% higher than the next competitor.

Lyra stands out as the only vendor offering a detailed savings breakdown, underscoring our unwavering commitment to transparency in ROI and cost savings analysis. The $4,138 savings were achieved through:

• Lower inpatient mental health spending
• Lower medical spending
• Lower ED utilization & spending
• Lower inpatient & outpatient facility spending
• Reduced RX claims and spend

Additionally, savings were strongest for those with complex needs. Employees with complex needs represent a small percentage of the workforce but drive the highest health care costs. In this study, Lyra demonstrated a savings of $11,809 per individual for those battling alcohol and substance use disorders. 

Download to read the analysis and see the full savings breakdown.